19-Unit Apartment
New
For Sale
$900,000
740 NE 5TH Avenue, Crystal River, FL 34428
Commercial Sale, CRYSTAL RIVER, FL
Property Size20,648 SF
Lot Size1.03 Acres
Price / SF$43.59
Days on Market5
Property Features for 740 NE 5TH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3
Subdivision
CRYSTAL PARK
Directions
US 19 to R on NE 2nd Ave to R on NE 5th ave property on right
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Active
APN
17E-18S-21-0010-00000-0350
Size
20,648 SF
Lot size
1.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CRYSTAL TERRACE CONDO AKA TOWNSITE OF CRYSTAL PARK LOTS 35 36 37 38 & 39
Tax Annual Amount
9140
Legal Description
CRYSTAL TERRACE CONDO AKA TOWNSITE OF CRYSTAL PARK LOTS 35 36 37 38 & 39
Building Details
Year built
1972
Floors in Building
1
Number of units
19
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
TROPIC SHORES REALTY
(352) 597-2850
Listed By:
Patricia Hyler · License #3196430
(352) 346-6465
Added: Sep 25
Changed: Sep 28
Last Checked: Sep 29 at 1:06AM
MLS# W7889720
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 19-unit apartment property contains 20,648 square feet on a 1.03-acre parcel. Built in 1972, the structure has block and stucco exterior materials and a shingle roof. The property is being offered as-is, and the seller will not activate utilities. A hold-harmless document is required before entry.
The property is near downtown Crystal River, just off routes 44 and US 19.
The property is near downtown Crystal River, just off routes 44 and US 19.
Key Highlights
- 19‑unit multifamily property
- 20,648 square feet on 1.03 acres
- Zoned R3
Property Analytics
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Current Use
Lease Details
19
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Explore this area
Business Placement
Demographics for 34428, FL
9,583
Population
5,058
Households
1.9
Avg Household Size
54
Median Age
20%
College-Educated
89%
High-School Grad
67.1 sq mi
ZIP Area
143
Density / Sq Mi
$48,185
Median Household Income
$29,589
Median Earnings
$890
Median Rent
$236,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R3 zoning supports the property's multifamily classification.
Where is this apartment building located?
The property is located at 740 NE 5TH Avenue Crystal River, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 19‑unit multifamily property; 20,648 square feet on 1.03 acres; Zoned R3
