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1120 NE 5th St
Crystal River, FL 34429
Land For Sale · 1.58 AC

Investment Highlights

  • 1.58± AC Cleared Commercial Outparcel on SR 44
  • Adjacent to Future Home2 Suites by Hilton
  • Engineered Site Plan with Cross Access & Master Stormwater
  • UC-1 – Crystal River’s Highest-Intensity Commercial/Mixed-Use District
  • Retail, Restaurant, Office, Medical & Hospitality Potential
  • Established Commercial Corridor Near Downtown & Waterfront

Executive Summary

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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.58 AC
Zoning Ch - High intensity commercial intended for large-scale business, commercial, and light assembly use

1 Lot Available

Lot

Price $1,250,000
Price Per AC $791,139.24
Lot Size 1.58 AC

1.58± AC cleared commercial outparcel on SR 44/Gulf to Lake Hwy. UC-1 (Urban Center 1) zoning. Adjacent to future Home2 Suites by Hilton. Engineered site plan depicts cross access, utility easements & master stormwater facilities.

Description

Prime 1.58-acre (mol) commercial outparcel located directly on SR 44/Gulf to Lake Highway in Crystal River, one of the area's primary commercial corridors. This cleared site is part of a reconfigured development adjacent to the future Home2 Suites by Hilton and offers excellent visibility along this heavily traveled roadway. Newly designated UC-1 (Urban Center 1), the City's highest-intensity commercial/mixed-use district, the zoning accommodates a broad range of uses including retail, restaurant, office, professional services, medical/clinic, hospitality and mixed-use development. The property is surrounded by established national and regional retailers, restaurants, banking and services, with convenient access to Downtown Crystal River, Kings Bay and the area's renowned springs and waterfront destinations. Seller's engineered site plan identifies Lot 1 as the future development parcel and depicts shared development infrastructure including cross access, utility easements and master stormwater facilities. Buyer to verify zoning, permitted uses, utilities, access, acreage and development requirements.

  • Listing ID: 42086195

  • Date on Market: 9/8/2026

  • Last Updated:

  • Address: 1120 NE 5th St, Crystal River, FL 34429

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