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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.
| DAYS ON MARKET | 100 | LAST UPDATED | 4/11/2026 |
|---|---|---|---|
| TRACT | INDIAN WATERS UNIT 02 | YEAR BUILT | 1980 |
| COMMUNITY | 34428 - Crystal River | GARAGE SPACES | 1.0 |
| COUNTY | Citrus | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Crystal River Primary School |
|---|---|
| Jr. High School | Crystal River Middle School |
| High School | Crystal River High School |
| PRICE HISTORY | |
| Prior to Apr 11, '26 | $610,000 |
|---|---|
| Apr 11, '26 - Today | $595,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Dishwasher, Microwave, Refrigerator |
| AREA | 34428 - Crystal River |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Fire Pit, Lighting |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Heat Pump |
| INTERIOR | Eat-in Kitchen, High Ceilings, Stone Counters, Walk-In Closet(s) |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | Level, Near Golf Course, Paved, Waterfront |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | INDIAN WATERS UNIT 02 |
| TAXES | 5654 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Lisa VanDeBoe, PLANTATION REALTY, INC., 352-795-0784
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/13/26 6:18 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.