xx main street - 190+ Lots 34 Acres of Residential Land Offered at $5,000,000 in Crystal River, FL 34428

SELLER WILL BRING THE SITE TO SHOVEL READY. 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.