700 SE 5TH TER #Suite 4 Crystal River, FL 34429
UPDATED:
12/05/2024 01:26 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,410 sqft
Price per Sqft $138
Subdivision Plantation Village Unrec
MLS Listing ID OM689656
HOA Y/N No
Originating Board Stellar MLS
Year Built 1982
Annual Tax Amount $1,462
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 30x47
Property Description
The unit, wired for surround sound, security systems, and high-speed internet, features a front retail area, a private office/exam room, and additional storage space. These amenities are designed to accommodate diverse business operations, from retail enterprises to professional office use. Citrus County is experiencing unprecedented growth, driven by the $135 million Suncoast Parkway expansion, which has significantly improved connectivity within the Tampa-St. Petersburg-Clearwater MSA—the 18th largest metropolitan area in the United States. The county’s strategic location places it at the forefront of regional growth, with projections indicating a population surge from the current 153,600 residents to an estimated 350,000 by 2030 under the Land Development Code.
The immediate vicinity of the property offers access to an ideal consumer base of 46,361 residents within a 15-minute radius. This demographic, characterized by an average age of 58 and a median household income of $65,000, demonstrates robust consumer spending habits. Approximately 66% of residents dine out regularly, while 89% frequent fast-food establishments, underscoring a strong demand for retail and dining services. Furthermore, healthcare expenditures, totaling over $106 million annually, highlight opportunities in medical and wellness-related sectors.
Location
State FL
County Citrus
Community Plantation Village Unrec
Zoning CG
Interior
Cooling Central Air
Exterior
Parking Features Common
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
If you have been thinking about selling your home, or are looking to buy your dream home, Jenise welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.