1120 NE 5th St presents an opportunity to acquire a commercially zoned land parcel along SR 44 (Gulf to Lake Highway), one of Crystal River's primary east-west commercial corridors. The site is cleared and positioned within an established commercial district that provides visibility and access to local residents, visitors, and businesses traveling between downtown Crystal River and the region's coastal attractions. The property's location places it near downtown Crystal River, the waterfront area, Three Sisters Springs, and Fort Island Beach, all of which contribute to ongoing visitor activity and commercial demand.
The parcel is adjacent to a planned Home2 Suites by Hilton development and benefits from an engineered site plan with cross-access and master stormwater infrastructure. The zoning allows a variety of commercial and mixed-use development opportunities, including retail, restaurant, office, medical, hospitality, and service-oriented uses. Its frontage along a heavily traveled corridor offers exposure for future users seeking visibility and convenient customer access.
Crystal River serves as a regional destination known for tourism, outdoor recreation, healthcare services, and local commerce. The property's location within the city's commercial growth area provides access to surrounding residential neighborhoods, downtown businesses, and major transportation routes connecting Citrus County to the broader Tampa Bay and Central Florida markets. The combination of commercial zoning, development-ready characteristics, and corridor positioning creates flexibility for a range of owner-user and investment-oriented development strategies.