268 S Suncoast Blvd Crystal River, FL 34429
For Sale
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This exceptional Class A office building, located at 268 S Suncoast Blvd in Crystal River, Florida, presents a unique investment opportunity. The 7,596 square foot, two-story building sits on a 2.29-acre lot boasting approximately 200 feet of frontage on heavily trafficked US Highway 19/Suncoast Blvd (23,000 AADT). Currently configured as a multi-tenant property with the first floor fully leased, the building features approximately 19 rooms, including numerous private offices (some large enough for conference rooms), two spacious lobbies, ample storage, and five restrooms. High-quality finishes include upgraded flooring and custom wood cabinetry and molding. The property offers abundant parking for over 25 vehicles. The building withstood two recent storms without damage. The property is zoned Commercial GNC, offering diverse potential uses such as corporate offices, a luxury car showroom, a high-end real estate brokerage, a bank, or a luxury boat dealership, subject to Citrus County approvals. Conveniently located near the newly opened 589 Toll Road/Suncoast Parkway (6 miles) providing easy access to Tampa International Airport and just 2 minutes from the Crystal River Regional Airport. Additional adjacent parcels are available for purchase at 310 S Suncoast Blvd and 8839 W Ozello Trail. The building features a 2020 roof and 2017 AC units. Six private offices on the second floor are currently available for lease. This is a prime opportunity to capitalize on a thriving community with a strong local economy and growing population. The asking price is $2,600,000 ($342.29/sq ft).
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Site One Facilities Solutions, LLC Landscaping General Contractor
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Foundation For-Advancement-Msmrcn Charitable Organization Social Service Agency
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LSR Management Inc Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GNC GEN COMMERCIAL · Crystal River, FLCrystal River. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.