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Two-Building Office Property
New
For Sale
$870,000

730-706-714 N Suncoast Boulevard, Crystal River, FL 34429

CommercialSale, Crystal River, FL

Property Size5,450 SF
Lot Size0.69 Acres
Price / SF$159.63
Days on Market4

Property Features for 730-706-714 N Suncoast Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning GNC
Parking features Driveway
Interior features HighCeilings
Exterior features BlacktopDriveway, PavedDriveway
Subdivision Not on List
Lot features Flat, Multiple Lots
Directions Hwy 19 on right (West side of 19) just before light at Venable Street
Standard status Active
APN 1103789
Lot size 0.69 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description Citrus county Florida property appraiser alt key 1103789
Tax Annual Amount 9692
Legal Description Citrus county Florida property appraiser alt key 1103789

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1992
Floors in Building 1
Flooring type Tile
Building materials Stucco
Roof type Tile
Buildings 2
Listing Agency: Diana G.Marcum P.A.
Listed By: Diana Marcum · License #128665
Added: Oct 26 Last Checked: Oct 29 at 3:06PM
MLS# 858844

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Crystal River office property consists of two buildings totaling 5,450 square feet on a 0.69-acre site. The 3,600-square-foot building includes a reception area, conference room, executive office, break room, and several private offices. Its tenant is the City of Crystal River. The second building contains 1,850 square feet and is leased to TVG NP Homecare Acquisition, Inc. Both structures date to 1992 and have central heating and air conditioning, tile flooring, and public water and sewer service. The property is zoned GNC.

The buildings sit along US Highway 19, near the Crystal River airport and just north of Home Depot. Recent roadway work added a lane to this section of the highway.

Key Highlights

  • Two office buildings totaling 5,450 square feet
  • 0.69‑acre site zoned GNC
  • 3,600‑square‑foot building with reception, conference, executive office, break room, and private offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,389
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,780 $1.1M
Cap Rate 7%
$819,843 $819.8K
Cap Rate 9%
$637,656 $637.7K
Market Conditions
NOI Build-Up for 5,450 SF
Gross rent
$98.1K $18.00/SF
− Vacancy
−$21.6K −$3.96/SF
EGI
$76.5K $14.04/SF
− OpEx
−$19.1K −$3.51/SF
NOI
$57.4K $10.53/SF
Area
Citrus County, FL
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,780
Cap Rate 7%
$819,843
Cap Rate 9%
$637,656

Alternative Uses

Best Use
Office B
$819.8K
$717.4K – $956.5K (±1% cap)
NOI $57,389 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,722 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby

Demographics for 34429, FL

8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Both buildings are occupied under leases running through 2028 and 2029.
Where is this office building located?
The property is located at 730-706-714 N Suncoast Boulevard Crystal River, FL.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Two office buildings totaling 5,450 square feet; 0.69‑acre site zoned GNC; 3,600‑square‑foot building with reception, conference, executive office, break room, and private offices
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