155 SE Us Highway 19, Crystal River, FL, 34429 | $1,300,000

Let the light shine on Suncoast boulevard. Do not miss this incredible opportunity to purchase a piece of the Nature Coast. This centrally located investment is at 100% occupancy! The building has been updated throughout. NEW ROOF, paint, flooring, lighting. One unique feature to be noted is the multi use potential here. Live in one unit and rent out the rest! Currently there are 2 residential, income producing rentals, that are upstairs and fully remodeled. On the ground floor there are 3 available rental units that currently house a smoke shop, tanning salon, and a barbershop. Outside, there are 7 parking spaces up front, 16 spaces behind the building, and a half acre available to develop. Tenants would like to stay and are willing to leave if needed by the new owners. Ultimately, the potential is endless here. With an annual average daily traffic count of approximately 27, 500…. You are sure to catch some eyes. This commercial lot is located in the incorporated town of Crystal River. It is a short trip to downtown Crystal River where you can visit our parks and beautiful downtown areas. There are several hiking trails and outdoor activities located all around. Don’t miss the famous crystal clear springs of Crystal River, home of the manatees! Also, the centralized location makes for a short trip to Ocala (HORSE CAPITAL OF THE WORLD), Gainesville, Tampa, St Pete, Orlando and the rest of the beauty that Central Florida has to offer. Citrus county has 9 public and 5 private golf courses. All of this development continues to bring more full time and part time residents. The more residents we have, the more traffic to pass by and fill your business. Call today for a showing and if you have any questions on the financials (available for buyer with NDA).

Features

  • Property Type: Retail
  • Construction: Block, Concrete, Stucco
  • Levels: 1
  • Cooling: Central Air
  • Lot Size: 100 x 400
  • Year Built: 1957
  • Approx Sq. Feet: 4,260
  • Acreage: 0.95
  • Est. Taxes: $8,804
  • MLS#: OM692647
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM692647/155seushighway19_crystalriver_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/14/2025 5:37:09 AM)
Listing courtesy of TROPIC SHORES REALTY   Phone: 352-503-4780

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Customer Service

888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

155 SE Us Highway 19, Crystal River, FL, 34429

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.538% 6.874% 7.430%
Monthly Tax Payment $734 $734 $734
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,919 $6,745 $9,203
Total Monthly Payment $7,778 $7,604 $10,062

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.