311 4th Ave, Crystal River, FL 34429-4222
- Assisted living facilities
- 11,880 SF
- 0.81 lot acres
Current Use by Public Records
- EBODS / Take-out & Catering / Catering Service
- Beautiful Beginnings at Bayside / Hotel & Motel
Property Details for 311 4th Ave
- Year built
- 2012
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.81 lot acres
- Zone code
- CH HIGH INTENSITY COMMERC
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 17E-18S-21-0140-033.0
- APU
- 17E18S2101400330
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 16, 2026 | — | Peak Realty LLC | — | Deed · related | $2.6M · Jerry Wayne Schmid Revocable Living Trus |
| Dec 30, 2025 | — | Peak Realty LLC | — | Deed · related | $260k · Regina C Reardon |
| Mar 25, 2025 | $2,300,000 | Peak Realty LLC | Beautiful Beginnings At Bayside LLC | Warranty Deed | $1.6M · Private Lending Resource LLC |
| Feb 18, 2020 | — | Florida First Capita Fin Corp | — | Deed · related | $125k · Capital Cty Bk |
| Feb 14, 2020 | — | Sunshine Gardens Crystal River LLC | — | Deed · related | $1.3M · Capital City Bank |
| Aug 9, 2012 | — | Sunshine Gardense Of Crystal Riv L | Sunshine Gardens West LLC | Quit Claim Deed | — |
| Jun 1, 2011 | — | Sunshine Gardens West LLC | — | Trustees Deed · related | $278k · Mercantile Capital |
| Mar 1, 2010 | — | Sunshine Gardens West LLC | Owner Name Unavailable | Grant Deed · related | — |
| Dec 30, 2009 | $200,000 | Sunshine Gardens West LLC | Damato Dennis D Trust | Warranty Deed | — |
| — | — | Florida First Capita Fin Corp | — | Deed Of Trust · related | $125k · Capital Cty Bk |
| — | — | Sunshine Gardens | — | Deed Of Trust · related | $1.3M · Capital Cty Bk |
| — | — | Sunshine Gardens West LLC | — | Loan Modification · related | $517k · Florida First Cap Fin |
| — | — | Sunshine Gardens West LLC | — | Loan Modification · related | $286k · Florida First Cap Fin |
| — | — | Sunshine Gardens West LLC | — | Loan Modification · related | $1.1M · Old Fl Bk |
| — | — | Sunshine Gardens West LLC | — | Loan Modification · related | $1.1M · Old Fl Bk |
| — | — | Sunshine Gardens West LLC | — | Deed Of Trust · related | $1.1M · Old Florida Bank |
| — | — | Sunshine Gardens West LLC | — | Deed Of Trust · related | $517k · Florida First Capital Finance |
| — | — | Sunshine Gardens West LLC | — | Deed Of Trust · related | $1.1M · Old Florida Bank |
| — | — | Sunshine Gardens West LLC | — | Deed Of Trust · related | $286k · Florida First Capital Finance |
Description
This exceptional $2,500,000 investment opportunity presents a unique blend of commercial and hospitality uses in a high-traffic area of Crystal River, Florida. The 11,880 square foot building, constructed in 2012 and extensively renovated in 2023, currently operates as a 28-bed assisted living facility (ALF) and memory care center, holding a valid ALF Business Tax License from the City of Crystal River. Situated on a 0.81-acre lot at a prominent downtown intersection, the property benefits from exceptional visibility and accessibility. The location boasts high annual average daily traffic counts on nearby State Road 44 (31,500 vehicles) and US Highway 19 (27,500 vehicles). The single-story building features a full commercial kitchen with natural gas appliances, a commercial laundry with natural gas dryers, a natural gas central HVAC system, a whole-building natural gas generator, a wired security camera system, robust internet network capabilities, and a comprehensive fire protection system. Built to ADA standards, the property includes 19 parking spaces and 20 keys. The CH (High Intensity Commercial) zoning allows for a wide range of uses, including large-scale businesses, commercial operations, light assembly, institutional uses, and essential public services. The building sits approximately 11 feet above grade, offering potential advantages. This property represents a compelling investment opportunity in a rapidly growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,060,000
- ML approach
- $2,075,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,545,000
- OFFICE BUILDING
- $1,715,000
- INDUSTRIAL (GENERAL)
- $1,620,000
- RETAIL STORES
- $1,505,000
- MEDICAL BUILDING
- $1,460,000
- RESTAURANT
- $1,455,000
- AUTO REPAIR, GARAGE
- $1,340,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Crystal River
- County
- Citrus
- State
- Florida
- Longitude
- -82.5872
- Latitude
- 28.8977
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
