Crystal Crest Add Unrec Homes with No Deed Restriction Community Extras

Crystal Crest Add Unrec Homes with No Deed Restriction Community Extras

Welcome to Crystal Crest Add Unrec, a hidden gem nestled in the picturesque city of Crystal River, Florida. This charming subdivision offers a unique blend of tranquility and convenience, making it an ideal choice for those seeking a peaceful retreat without sacrificing access to modern amenities.

One of the standout features of Crystal Crest Add Unrec is its Homes with No Deed Restrictions, allowing homeowners the freedom to personalize their properties without the constraints often found in traditional communities. Whether you envision a lush garden, a workshop for your hobbies, or simply want the flexibility to park your boat or RV, this community embraces individuality and creativity.

The allure of Crystal River extends beyond the homes themselves. Residents enjoy the breathtaking natural beauty of the area, with lush landscapes and proximity to the stunning Crystal River, known for its crystal-clear waters and abundant wildlife. Outdoor enthusiasts will find endless opportunities for kayaking, fishing, and exploring the nearby nature trails, while the charming downtown area offers delightful shops, restaurants, and local events that foster a strong sense of community.

As you explore the possibilities within Crystal Crest Add Unrec, you'll discover a welcoming neighborhood that values both comfort and freedom. With no deed restrictions to hold you back, your dream home awaits in this serene Florida enclave. Experience the best of both worlds—peaceful living and vibrant community life—right here in Crystal River. Come and see why Crystal Crest Add Unrec is the perfect place to call home!

Newest Crystal Crest Add Unrec Homes with No Deed Restriction Community Extras

$3,999,000
Crystal Crest Add Unrec SubDv. ⋅ 34429 Zip Code
South Square is a prime neighborhood shopping center and storage facility featuring 15 retail units (17 with splitting) and 52 storage units situated on approximately 2.36 acres of prime commercial property with over 400 feet of frontage along US-19/98 (±32,000 AADT) within the Tampa–St. Petersburg MSA, the 18th largest metropolitan area in the United States. This well-maintained center offers a versatile mix of suite sizes ranging from 720 SF to 3,200 SF and is occupied by a diverse tenant base including medical and professional offices, retail businesses, beauty services, and other long-standing local tenants. The storage component includes 52 units, providing an additional and complementary income stream. With significant room for growth, investors have the opportunity to enhance revenue by aligning below-market rental rates and implementing standard NNN expense recoveries for CAM, insurance, and real estate taxes, which are currently limited. Combined with modest rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income by 7.34% stabilized cap rate, while maintaining minimal vacancy in the storage component.

940 N Suncoast Boulevard, Crystal River
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