3644 N Hiawatha Terrace, Crystal River, FL 34428

$595,000
3
BD
2
BA
1,680
SqFt

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List Price
$595,000
Status
Active
Days on Market
177
Price Change
▼ $15,000 1775944129
MLS#
TB8472132
Property Style
Single Family
Architectural Style
Traditional
Year Built
1980
Bedrooms
3
Bathrooms
2
Living Area
1,680
Lot Size
10,558
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Indian Waters Unit 02
MLS Area Major
Crystal River

Property Description

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.

Additional Information

Taxes
$5654
Location
FloodZone, In County, Level, Near Golf Course, Near Marina, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
CLR
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Walk-In Closet(s)
Floor
Ceramic Tile, Luxury Vinyl
Appliances
Convection Oven, Dishwasher, Microwave, Refrigerator
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Heat Pump
Air Conditioning
Central Air
Fireplace Description
Living Room, Wood Burning
Exterior Construction
Frame, Wood Siding
Exterior Features
Fire Pit, Lighting, Private Mailbox
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Elementary School
Crystal River Primary School
Middle School
Crystal River Middle School
High School
Crystal River High School
Fences
Fenced
Water Extras
No Wake Zone, Riprap
Water View
Canal
Water Access
Canal - Brackish
Water Frontage
Canal - Brackish
Flood Zone Code
AE
Parcel ID
17E-18S-17-0220-000D0-0350
Legal Description
INDIAN WATERS UNIT 2 PB 4 PG 71 LOT 35 BLK D

Listing courtesy of PLANTATION REALTY, INC.. 352-795-0784

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