Fully Tenanted Multifamily Gem in Crystal River, FL. An exceptional investment opportunity awaits in the heart of Crystal River, FL. This multifamily property boasts five fully tenanted units across two buildings, providing a steady income stream from day one.
Property Features:
Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts.
R2 zoning offers the potential to expand further, allowing the construction of three additional units, providing increased income potential for savvy investors. Tenant Occupied: Currently, all units are occupied, ensuring immediate and consistent cash flow for the discerning investor.
Pending
$600,000
1154 NE 1st St, Crystal River, FL 34429
10beds
5baths
3,552sqft
Est.:
Multi Family, Apartment
Built in 1971
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 380 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 10:43am
Listed by:
Thao P Le 352-586-3666,
Century 21 J.W.Morton R.E.
Source: Realtors Association of Citrus County,MLS#: 846324
Originating MLS: Realtors Association of Citrus County

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Electric Cooktop, Washer
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Concrete Driveway
- Pool features: None
Lot
- Size: 1.04 Acres
- Features: Acreage, Cleared, Flat
Details
- Parcel number: 1081157
- Zoning: R1,R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family, Apartment
Materials
- Stucco
- Foundation: Block, Slab
- Roof: Asphalt,Shingle
Condition
- New Construction
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Charpias Add to Crystal River
HOA
- Has HOA: No
Location
- Region: Crystal River
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $268,440
- Annual tax amount: $5,595
- Date on market: 7/15/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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