xx main street - Residential LAND FOR SALE


Crystal River, FL 34428 1,481,040 SF
$5,000,000 USD
407-427-0743
xx main street, Crystal River, FL for Sale
$5,000,000 USD
Residential LAND - FOR SALE
1/2
1,481,040 SF

xx main street
Crystal River, FL 34428


OVERVIEW

This approved 190-lot development will be delivered shovel-ready by the developer, with roads, retention, utilities, and sewer infrastructure brought to full build-ready condition, while also offering the rare ability to expand to 265 total lots without acquiring additional land. The additional 33± acres support a density profile that drives the effective land basis down to approximately $18,867.92 per lot, materially enhancing project returns. With utilities already to the property, private water on site, multiple access points including a side-street inlet/outlet, and adequate area for a self-contained sewer system, the site supports a wide range of development strategies—from rental community to mobile home park to mixed stick-built and block-built product, or a turnkey builder model with build-out and retail disposition. The plan also accommodates a community center, either newly constructed or shared with Phase One. At the current pricing of $26,316 per approved lot, stabilized values trend toward $55,000 per lot, creating a compelling margin, and with roads, retention, and sewer installation, the project’s upside reaches a 2.61× value multiple driven primarily by increased density and yield. This is a rare opportunity to acquire a scalable, infrastructure-ready development with significant built-in value, shovel-ready delivery at 190 lots, and multiple exit strategies across rental, for-sale, and hybrid models.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$147,059/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

190+ Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Manufactured Homes/Mobile Home Park, Planned Unit Development, Single Family Development

LAND ACRES

34 AC

LAND SF

1,481,040 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Cable, Telephone

ZONING

Mixed

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tab BishThe Agency OrlandoMore Info
407-427-0743

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Tab BishThe Agency OrlandoMore Info
407-427-0743

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.