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Mixed-Use Investment Opportunity in Crystal River

5985 W GULF TO LAKE Hwy Crystal River, FL 34429

5985 W GULF TO LAKE Hwy, Crystal River, FL, 34429
$1,900,000
For Sale
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$1,900,000

3.38 acres with income potential in high-traffic location.

Lot Size3.38 Acres
AddedMar 11
Days on Market127
Last RefreshJul 13 at 3:04 am

Property Features for 5985 W GULF TO LAKE Hwy

General Information

Standard status
Active
Lot size
3.38 Acres
Property subtype
Commercial

Building Details

Year Built
1955

Listing office Premier Sothebys International Realty

Listing date Mar 11, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Premier Sothebys International Realty


Investment Insights

Based on property information with market context.

This mixed-use property offers an exceptional opportunity with 3.38 acres along West Gulf to Lake Highway in Crystal River. The site includes three potential income-producing homes situated across four parcels. The zoning includes Professional Service Office (PSO) for the two front residences, making it suitable for conversion into medical, legal, or professional offices while generating interim income. The property is located near the Meadowcrest medical community, offering a strategic location for healthcare professionals. Its visibility along Highway 44 provides exposure for professional or commercial use. The sale includes three parcels: 5985 West Gulf to Lake Highway, 1240 North Henry Point and 1241 North Henry Point. Public utilities are available. The configuration of the property offers depth, access, and flexibility for future development, expansion, or continued residential leasing. This property provides a balance of potential income and long-term redevelopment within one of Citrus County’s active professional corridors. The property's visibility, accessibility, and scalability make it attractive to investors, owner-occupants, and developers.

Key Highlights

  • High‑traffic location on West Gulf to Lake Highway (Highway 44) ensures maximum visibility and accessibility.
  • Zoning allows for Professional Service Office (PSO) use, ideal for medical, legal, or professional office conversion.
  • Three potential income‑producing homes across four parcels provide immediate income and redevelopment options.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Restaurant Auto Repair Shop Law Firm Big Box & Wholesale Store Building Supply Hair Salon Pharmacy Nail Salon Spa & Massage Center Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - 3.38 acres with income potential in high-traffic location.
Where is this mixed-use property located?
The property is located at 5985 W GULF TO LAKE Hwy Crystal River, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High‑traffic location on West Gulf to Lake Highway (Highway 44) ensures maximum visibility and accessibility.; Zoning allows for Professional Service Office (PSO) use, ideal for medical, legal, or professional office conversion.; Three potential income‑producing homes across four parcels provide immediate income and redevelopment options.
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