Two-Building Office
730-706-714 N Suncoast Boulevard, Crystal River, FL 34429
For Sale
$870,000
Commercial Sale, Crystal River, FL
Property Size5,450 SF
Lot Size0.69 Acres
Price / SF$159.63
Days on Market13
Property Features for 730-706-714 N Suncoast Boulevard
General Information
Property type
Property subtype
Zoning
Parking features
Lot features
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
DIANA G.MARCUM P.A.
Listed By:
Diana Marcum · License #128665
(352) 341-0900
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 3:06AM
MLS# CC858844
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.
The property comprises two office buildings totaling 5,450 square feet on 0.69 acres. The 3,600-square-foot building includes a reception area, conference room, break room, executive office, and multiple private offices. The second building contains 1,850 square feet. Both buildings date to 1992, and the site is zoned GNC. Central air, electric heat, tile flooring, and driveway parking are among the property features. Public water and sewer serve the site.
The buildings are located on US Highway 19 in Crystal River, near the Crystal River airport and just north of Home Depot. Highway improvements in this section include an additional lane, completed to accommodate heavy traffic.
Both buildings are leased. The first lease runs from March 1, 2025, through February 28, 2028, with three additional one-year options. The second lease runs from March 1, 2026, through February 28, 2029. The property information identifies medical office and retail use as possibilities with renovation.
The buildings are located on US Highway 19 in Crystal River, near the Crystal River airport and just north of Home Depot. Highway improvements in this section include an additional lane, completed to accommodate heavy traffic.
Both buildings are leased. The first lease runs from March 1, 2025, through February 28, 2028, with three additional one-year options. The second lease runs from March 1, 2026, through February 28, 2029. The property information identifies medical office and retail use as possibilities with renovation.
Key Highlights
- Two office buildings total 5,450 square feet on 0.69 acres
- 3,600‑square‑foot building has reception, conference, break, executive office, and private office areas
- Second building contains 1,850 square feet
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
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
NOI $85,722 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
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Business Placement
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
Properties on Market for Office buildings in Citrus County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two leased buildings offer private offices and layouts with potential for medical or retail use following renovation.
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 total 5,450 square feet on 0.69 acres; 3,600‑square‑foot building has reception, conference, break, executive office, and private office areas; Second building contains 1,850 square feet
