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1154 NE 1st Street, 
Crystal River, FL 34429

$600,000


Bed


Bath


3,552

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Thao P Le

Century 21 J.W.Morton R.E.

352-726-6668

Last updated:

July 17, 2025, 02:19 PM

MLS#

846324

Source:

FL CMLS

About This Home

1154 NE 1st Street

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. Total annual expenses is $18,894 included Management Fee. CAP RATE is 6.6%.

Home Facts

Multi-Family

Built in 1971

Price Summary

600,000

$168 per Sq. Ft.

MLS #:

846324

Last Updated:

July 17, 2025, 02:19 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

3,552 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

3,552 Sq. Ft.

Year Built:

1971


Lot

Lot Size (Sq. Ft):

45,302


Finances & Disclosures

Finances

Price:

$600,000

Price per Sq. Ft:

$168 per Sq. Ft.

Source:FL CMLS
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the MLS, and Copyright 2025 Cheyenne MLS.

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