Property profile

823 NE 5Th St Crystal River, FL 34429

FOR SALE
Office buildings
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Property ID
US18-5355133
2,165 SF 0.64 ac Built 1930
Last sale Aug 2023·$395,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A freestanding office building located at 823 NE 5th Street in Crystal River, containing 2,165 square feet of workspace. The interior is arranged with a reception area, five private offices, a conference room, two bathrooms, and a break room. A second-floor area is served by its own entrance and includes a large office and a three-piece bathroom. The building provides accessible entry via a ramp and features high ceilings, first-floor access, carpet and vinyl flooring, central heating, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$255k
Assessed land$138k
Assessed improvement$117k
Effective rate2.10%

Value estimate

· Nov 2026
$535k
$482k – $589k
AI approach$440k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$9k
Operating expenses−$8k
NOI · 4.75% cap applied$23k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$133/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$66 – $206
Qualifying comparables4

Cap rate analysis

How does the asset earn?
4.75%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH HIGH INTENSITY COMMERC
JurisdictionCITRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.6
Carpet & Flooring Store8.5
Catering Service8.4

Location

823 NE 5Th St Crystal River, FL 34429
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
602 Suncoast, Crystal River, FL 34429-5469 $190,000 Sep 2024 2,000 SF
693 8th, Crystal River, FL 34429-4801 $372,000 Sep 2023 2,080 SF
107 4th, Crystal River, FL 34429-4145 $245,000 Nov 2020 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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