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    Property profile & analytics

    550 Citrus Ave Crystal River, FL 34428-4017

    • Retail space
    • 3,600 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US18-2625184
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Abound / Coffee Shop / Book Store

    Property Details for 550 Citrus Ave

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    3,600 SF
    Zone code
    CG GENERAL COMMERCIAL
    Property type
    Retail space
    APN
    17E-18S-21-0060-070.0
    APU
    17E18S2100600700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $360,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $360,000
      Mixed-Use
      $335,000
      Hospitality
      $435,000
      Educational
      $330,000
      Residential Income
      $420,000
      Energy
      $440,000
      Income-Based Land
      $375,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Crystal River
    County
    Citrus
    State
    Florida
    Longitude
    -82.5934
    Latitude
    28.8991
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,639
    $45,280
    $128,140
    $173,420
    -
    $45,280
    $128,140
    $173,420

    Comparable in this City

    • Value Estimation
      $215,000
      2,986 SF

      660 Citrus Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,986 SF
      660 Citrus Ave, Crystal River, FL 34428-3900
      View Details
    • Value Estimation
      $190,000
      4,375 SF

      545 Citrus Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,375 SF
      545 Citrus Ave, Crystal River, FL 34428-4016
      View Details
    • Value Estimation
      $335,000
      690 SF

      619 Citrus Ave

      RETAIL STORES (PERSONAL SERVICES) • 690 SF
      619 Citrus Ave, Crystal River, FL 34428-3922
      View Details
    • Value Estimation
      $250,000
      1,330 SF

      9971 Citrus Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,330 SF
      9971 Citrus Ave, Crystal River, FL 34428-7052
      View Details
    • Value Estimation
      $230,000
      4,040 SF

      2520 Turkey Oak Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,040 SF
      2520 Turkey Oak Dr, Crystal River, FL 34428-5926
      View Details
    • Value Estimation
      $115,000
      1,800 SF

      4260 Suncoast Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      4260 Suncoast Blvd, Crystal River, FL 34428-6364
      View Details

    Similar Nearby for Sale

    • $2,000,000
      11,580 SF

      Crystal River Mixed-Use Investment Opportunity

      2.53-acre mixed-use property with commercial units and residential home.
      3438 N Citrus Ave, Crystal River, FL 34428
      View Details
    • $1,100,000
      2,952 SF

      Crystal River Restaurant Opportunity

      Prime Downtown Location, 2,952 SF
      508 Citrus Ave, Crystal River, FL 34428
      View Details
    • $850,000
      4,599 SF

      Crystal River Retail Opportunity

      Commercial building on US-19 with flexible space and ample parking.
      4314 N Suncoast Blvd, Crystal River, FL 34428
      View Details
    • $1,180,000
      0.52 Acres

      Prime Restaurant Opportunity in Crystal River

      Former restaurant in Crystal River's Downtown Wet Area with parking.
      508 N Citrus Ave, Crystal River, FL 34428
      View Details
    • Contact for pricing
      1.00 Acre

      Vacant Land in Crystal River

      One-acre vacant lot, ideal for a private oasis.
      6724 N Bugbee Pt, Crystal River, FL 34428
      View Details
    • $45,000
      0.96 Acres

      Crystal River Land Near Water

      0.96-acre lot near water in Crystal River, Florida.
      4073 N Lida Pt, Crystal River, FL 34428
      View Details
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    550 Citrus Ave
    Crystal River, FL 34428-4017
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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