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Financial
Distress signals
Property profile

508 Citrus Ave Crystal River, FL 34428

OFF-MARKET
Turn key restaurants
Property ID
US18-1855784
2,952 SF 0.52 ac lot Built 1959
Last sale Sep 2016 · $500,000
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.
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Property summary

AI-generated overview

The property is a 2,952-square-foot concrete block restaurant on a 0.52-acre corner lot in Crystal River, Florida, within the city’s Downtown Wet Area district. The facility has seating capacity for approximately 160 guests and was fully renovated in 2019. It includes 27 private parking spaces, with additional street parking and access to nearby public lots. The location is connected to the area’s trail and bike-path network and is positioned near routes leading toward the Gulf of Mexico within…

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?
$11k
Tax billed · 2023
Assessed value$526k
Assessed land$117k
Assessed improvement$409k
Effective rate2.01%

Value estimate

· Oct 2026
$675k
$608k – $743k
AI approach$640k
Submarket $/SF estimate$793k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$285/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$142 – $429

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG GENERAL COMMERCIAL
JurisdictionCITRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Garden Center8.8
Watch Repair Shop8.6

Location

508 Citrus Ave Crystal River, FL 34428-4017
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5430 Suncoast, Crystal River, FL 34428-6395 $773,000 Jan 2024 2,862 SF
1 Us Hwy 19, Crystal River, FL 34428-3928 $430,000 Mar 2023 3,630 SF
660 Citrus, Crystal River, FL 34428-3900 $250,000 Feb 2021 2,986 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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