Indian Waters Unit 02 Real Estate

Indian Waters Unit 02 Real Estate

Welcome to Indian Waters Unit 02, a hidden gem nestled in the heart of Crystal River, Florida! This charming subdivision offers a unique blend of tranquility and community, making it an ideal place for families, retirees, and anyone who appreciates the beauty of nature.

Located in Citrus County, Indian Waters Unit 02 is surrounded by lush landscapes and the soothing sounds of Florida's wildlife. The area is renowned for its picturesque waterways, particularly the nearby Crystal River, where residents can enjoy activities such as kayaking, fishing, and even swimming with manatees during the winter months. The community's serene atmosphere is complemented by well-maintained roads and spacious lots, providing ample room for your dream home.

One of the standout features of Indian Waters is its proximity to local amenities. Just a short drive away, you’ll find an array of shopping, dining, and entertainment options. Whether you’re in the mood for fresh seafood at a waterfront restaurant or a leisurely stroll through quaint local shops, everything you need is within reach.

For those who love the outdoors, Indian Waters Unit 02 is perfectly situated near several parks and nature preserves, offering endless opportunities for hiking, bird-watching, and exploring Florida’s unique ecosystems. With its friendly neighbors and inviting atmosphere, this subdivision fosters a true sense of community.

Discover the charm of Indian Waters Unit 02, where your dream lifestyle awaits amidst the natural beauty of Crystal River. Come experience the perfect blend of relaxation and adventure in this idyllic Florida haven!

Newest Listings in Indian Waters Unit 02

$519,900
3 Beds ⋅ 2 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
Welcome to the Crystal River waterfront lifestyle, where boating, fishing, wildlife, and laid-back coastal living begin right in your backyard. This fully updated 3-bedroom, 2-bath deep-water canal home offers direct access to Kings Bay and is approximately a 10-minute boat ride from the Gulf of America. The private dock can accommodate a boat up to approximately 30 feet, making it easy to cruise to popular destinations such as Shell Island, enjoy inshore fishing for redfish, trout, snook, and mangrove snapper, or head offshore to nearby public reefs. Kayak or boat through Kings Bay to see manatees, dolphins, and native wildlife, explore Three Sisters Springs, or spend the day swimming at Hunter Springs. Waterfront restaurants, including Crackers and the Tipsy Tarpon, are also accessible by boat, allowing you to dock, dine, and enjoy the best of Crystal River without getting in the car. The home has produced approximately $72,000 in gross rental income from March 2025 through March 2026 and is offered as a turnkey opportunity with extensive improvements already completed. Updates include a 2023 roof, updated air conditioning and water heater, a full plumbing repipe, sewer conversion, remodeled kitchen and bathrooms, new appliances, updated furnishings, and refreshed interior and exterior finishes.The open layout flows into a fully fenced backyard with a shaded pergola, fire pit, grill area, and multiple spaces for outdoor dining and entertaining. Whether used as a personal waterfront retreat, second home, or income-producing vacation rental, this property offers the boating access, natural beauty, recreation, and coastal lifestyle that make Crystal River so special.

3619 N Suwannee Point, Crystal River
$885,000
4 Beds ⋅ 3 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
Experience Gulf Coast lifestyle in this elevated custom waterfront home offering deep water, direct Gulf access—perfect for boating enthusiasts and nature lovers alike. With 4 spacious bedrooms and 3 full baths, this home is designed for both comfort and flexibility. The three-story layout includes covered parking for 2 vehicles and an expansive lower-level area with a tackle room complete with ice machine hookups and extra storage, plus a huge space ideal for a workshop, hobby area, or even conversion into additional indoor/outdoor space. A sturdy dumbwaiter makes it easy to transport groceries or gear upstairs. On the main floor, you’ll find a welcoming living space with custom built-ins and an inviting screened porch overlooking the water—perfect for relaxing and entertaining. The primary suite features an electric fireplace and large ensuite. All bedrooms are generously sized, offering plenty of room for family and guests. The fenced backyard is a true Florida retreat, complete with mature fruit trees, a ground-level deck, firepit, and hammock area. Boaters will love the 75 feet of dock space with room for two large boats, a rip-rap concrete seawall, floating dock with water and 30-amp power, a fish-cleaning station, and easy access to a nearby boat ramp. Currently operating as a successful short-term rental, this home also offers the opportunity to continue as an income-producing property—all contents are negotiable for a turnkey setup. Best of all, there are no deed restrictions, giving you the freedom to use it however you choose.

3625 N Suwannee Point, Crystal River
$595,000
3 Beds ⋅ 2 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
Crystal River WATERFRONT CANAL HOME with PERSONAL DOCK + ~$82K GROSS INCOME + DIRECT GULF ACCESS A rare opportunity to own a top-performing waterfront property in one of Crystal River’s most established boating communities, combining strong income, direct water access, and a clean, turnkey ownership experience. Now operating in its fully updated condition, the home has produced approximately $82,000 in gross rental income over the past 12 months (March 2025–March 2026), offering proven, stabilized performance while still allowing for personal use. Positioned on a quiet canal with direct access to Kings Bay, Three Sisters Springs, and the Gulf of Mexico, the property delivers the lifestyle guests consistently seek. The dock provides immediate boating access, making fishing, scalloping, kayaking, and sunset cruising part of everyday ownership. Kayaks convey, reinforcing a true on-the-water experience. Inside, the home presents as clean, comfortable, and guest-ready, with a functional 3-bedroom, 2-bath layout designed to support both personal enjoyment and strong occupancy. The kitchen features granite countertops, modern appliances, and an efficient layout great for entertaining and everyday use. Major system updates have already been completed, including full repipe, updated AC, water heater, plumbing, and sewer connection, offering buyers confidence in the home’s infrastructure and reducing near-term capital expense risk. Located just minutes from historic downtown Crystal River, waterfront dining, shopping, and the area’s world-renowned springs, the property is ideally positioned to continue attracting short-term rental demand. Whether you're seeking a high-performing short-term rental, a waterfront second home with income potential, or a long-term investment, this property offers a compelling combination of strong revenue, essential updates, and direct Gulf access. High-income waterfront opportunities like this are increasingly rare in Crystal River.

3644 N Hiawatha Terrace, Crystal River
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