Crystal River, FL 34429,311 NE 4th AVE
See all 96 photos
Crystal River, FL 34429,311 NE 4th AVE
Crystal River, FL 34429,311 NE 4th AVE
Crystal River, FL 34429,311 NE 4th AVE
Crystal River, FL 34429,311 NE 4th AVE
Listed by Richard Fernley • Century 21 J.W.Morton R.E.
Bought with Florida Licensed Broker-Agent • Florida Licensed Brokers/Agents

$2,300,000

Est. payment /mo

$2,500,000

8.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

311 NE 4th AVE Crystal River, FL 34429

0.81 Acres Lot

SOLD DATE : 03/20/2025

Key Details

Sold Price $2,300,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Bayview Homes

MLS Listing ID 834017

Sold Date 03/20/25

HOA Y/N No

Year Built 2012

Annual Tax Amount $37,716

Tax Year 2024

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Hotel/Motel

Property Description

Prime 11,880 sqft Assisted Living Facility (ALF) that holds an ALF Business Tax License with the City of Crystal River located on .81 of an acre in beautiful downtown Crystal River near the most heavily traveled intersection in rapidly growing Citrus County. State Road 44 Annual Average Daily Traffic (AADT) 31,500 vehicles and US HWY 19 AADT 27,500 vehicles. The building was built in 2012 and operated as a 24 bed ALF and Memory Care operation until the 2020 building addition added four additional ALF rooms bringing the total bed count to 28. Parcel could easily claim to be one of the highest points in Crystal River as the building sits almost 11ft above grade. Property contains extensive infrastructure and features, such as; a full commercial kitchen with natural gas cooking capabilities, commercial laundry with natural gas powered dryers, natural gas central HVAC system, natural gas whole building generator, wired security camera system, internet network capabilities, and building wide fire protection system. Building was renovated in 2023, and is also built to Americans with Disabilities Act (ADA) standards. CH zoning (High Intensity Commercial) permits large scale businesses, commercial operations, light assembly, institutional uses, and essential public services.

Location

State FL

County Citrus

Area 16

Zoning CH

Interior

Interior Features Handicap Access, High Ceilings, In-Law Floorplan, Solar Tube(s)

Heating Central, Gas, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Luxury Vinyl Plank, Tile, Vinyl

Fireplace No

Exterior

Exterior Feature Landscaping, Lighting, Rain Gutters, Concrete Driveway

Parking Features Concrete, Driveway, Parking Space(s), Carport

Fence Split Rail

Utilities Available High Speed Internet Available

Water Access Desc Public

Roof Type Metal

Present Use Hotel/Motel

Total Parking Spaces 19

Building

Lot Description Corner Lot, Rectangular, Sloped

Story 1

Entry Level One

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Tax ID 3494346

Security Features Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


agent

Alan Ivory

Team Leader | License ID: SL3123747

+1(352) 302-9781

GET MORE INFORMATION

Name
Phone*
Message