19-Unit Multifamily
740 NE 5TH Avenue, Crystal River, FL 34428
For Sale
$900,000
Commercial Sale, CRYSTAL RIVER, FL
Property Size20,648 SF
Lot Size1.03 Acres
Price / SF$43.59
Days on Market49
Property Features for 740 NE 5TH Avenue
General Information
Property type
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Zoning
Subdivision
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Special listing conditions
Standard status
APN
Size
Lot size
Taxes and HOA fees
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Tax Annual Amount
Legal Description
Building Details
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Floors in Building
Number of units
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Listing Agency:
TROPIC SHORES REALTY
(352) 597-2850
Listed By:
Patricia Hyler · License FL #3196430
(352) 346-6465
Added: Sep 25
Changed: Nov 12
Last Checked: Nov 12 at 8:06AM
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.
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Investment Insights
Based on property information with market context.
This multifamily offering combines two properties on one deed, totaling 19 units. The site spans 1.03 acres, with 20,648 square feet of property area. Built in 1972, the improvements feature block and stucco construction with shingle roofing. The sale is as-is, and utilities will not be activated by the seller.
The property is near downtown Crystal River, with proximity to US 19 and Route 44. R3 zoning applies; buyers should contact the county for additional information. An executed hold-harmless document is required before entry.
The property is near downtown Crystal River, with proximity to US 19 and Route 44. R3 zoning applies; buyers should contact the county for additional information. An executed hold-harmless document is required before entry.
Key Highlights
- 19 multifamily units across two properties conveyed on one deed
- 1.03‑acre site
- 20,648 square feet of property area
Property Analytics
Who owns this building?
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Lease Details
19
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two properties convey together as a multifamily complex with R3 zoning and an as-is sale.
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 multifamily units across two properties conveyed on one deed; 1.03‑acre site; 20,648 square feet of property area
