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Multi-Tenant Retail Strip Center

787 NE 5th Street, Crystal River, FL 34429

For Sale
$2,500,000

Commercial Sale, Crystal River, FL

Property SizeContact for details
Lot Size0.65 Acres
Days on Market533

Property Features for 787 NE 5th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning CH
Parking features Open, Driveway
Lot features Rectangle
Directions Take 19 to HWY 44 to property on your Left.
Standard status Active
APN 3460784
Lot size 0.65 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description KNIGHTS ADD TO CRYSTAL RIVER PB 1 PG 28 LOTS 107 & LOT 108 LESS & EXCEPT A TRIANGULAR PARCEL OF LAND (PCL 104)IN LOT 108 BEING DESC AS: COMM ON THE W LN OF SEC 22 AT A PT 2573.45FT S 00DEG 02M 01S E OF NE CRN THEREOF THN N 88DEG 24M 30S E 1279.75FT T HN N 00DEG 02M 10S E 49.57FT TO PT OF INTERSECTION OF EXISTING W R/W LN OF NE 8TH AVE (THIRD STREET) & EXISTING N R/W LN OF STATE RD NO 44 FOR A POB THN CONT N 00DEG 02M 10S E ALG SD EXISTING W R/W LN OF NE 8TH AVE DIST 5FT THN S 44DEG 13M 23S W 7.17 FT TO PT ON SD N EXISTING R/W LN OF STATE RD NO 44 AT A PT 5FT S 88DEG 24M 37S W OF POB THN N 88DEG 24M 37S E ALG SD EXISTING N R/W LN DIST 5FT TO POB TITLE IN OR BK 2237 PG 1996
Tax Annual Amount 12095
Legal Description KNIGHTS ADD TO CRYSTAL RIVER PB 1 PG 28 LOTS 107 & LOT 108 LESS & EXCEPT A TRIANGULAR PARCEL OF LAND (PCL 104)IN LOT 108 BEING DESC AS: COMM ON THE W LN OF SEC 22 AT A PT 2573.45FT S 00DEG 02M 01S E OF NE CRN THEREOF THN N 88DEG 24M 30S E 1279.75FT T HN N 00DEG 02M 10S E 49.57FT TO PT OF INTERSECTION OF EXISTING W R/W LN OF NE 8TH AVE (THIRD STREET) & EXISTING N R/W LN OF STATE RD NO 44 FOR A POB THN CONT N 00DEG 02M 10S E ALG SD EXISTING W R/W LN OF NE 8TH AVE DIST 5FT THN S 44DEG 13M 23S W 7.17 FT TO PT ON SD N EXISTING R/W LN OF STATE RD NO 44 AT A PT 5FT S 88DEG 24M 37S W OF POB THN N 88DEG 24M 37S E ALG SD EXISTING N R/W LN DIST 5FT TO POB TITLE IN OR BK 2237 PG 1996

Utilities

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

Building Details

Year built 1976
Flooring type Terrazzo, Carpet, Brick, Tile
Building materials Stucco, Block
Roof type Concrete, Metal
Listing Agency: LPT REALTY, LLC
Listed By: Benjamin Plockelman · License FL #3083005
Added: May 26, 2025 Changed: Nov 9 Last Checked: Nov 9 at 9:06PM
MLS# CC844782

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.

Rey
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Investment Insights

Based on property information with market context.

This retail center contains seven tenant spaces on a 0.65-acre parcel and was built in 1976. Exterior materials include stucco and block, with concrete and metal roofing. Interior flooring includes tile, brick, carpet, and terrazzo. The property has central air conditioning, electric heat, open driveway parking, and public water and sewer service.

At 787 NE 5th Street in Crystal River, the center is a short distance from the intersection of Highway 19 and Highway 44. It is within the city’s historic district and is zoned CH.

Key Highlights

  • Seven tenants occupy the retail center
  • 0.65‑acre parcel
  • CH zoning

Property Analytics

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

Current Use

Jewel of the Nail Salon Nail Salon Uturn for Christ Florida ... Discount Store

Suggested Use

Top Pick Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby
273k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 35% Superstores 9% Groceries 3%
Wawa Shops & Services
51,855 visits/mo 0.2 miles
RaceTrac Shops & Services
31,031 visits/mo 0.4 miles
McDonald's Dining
29,141 visits/mo 0.3 miles
Big Lots Superstores
23,339 visits/mo 0.4 miles
Wendy's Dining
17,473 visits/mo 0.3 miles

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
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Seven tenants occupy the center, which is zoned CH and sits near the Highway 19 and Highway 44 intersection.
Where is this strip mall located?
The property is located at 787 NE 5th Street Crystal River, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Seven tenants occupy the retail center; 0.65‑acre parcel; CH zoning
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