Investment Overview
Meadowcrest Residential Mixed Use features 11 acres along West Norvell Bryant Highway close to the Suncoast Parkway's next extension. Perfect for a multi-family development and a retail establishment along a busy Crystal River corridor (13,000 vehicles per day average), the tract boasts easy access to Crystal River's shopping and other services. Future tenants will be just a short drive away from outdoor destinations such as Crystal River State Preserve, Three Sisters Springs, Kings Bay, Withlacoochee State Forest, and the Gulf of Mexico, with Ocala and Gainesville only a little farther.
This property is the remaining part of the Meadowcrest DRI and is approved for 168 condo or apartment units. Utilities are ready for hook-up.
Investment Highlights
- Multi-family residential & commercial - approved for 168 MF units
- The property has three access points stubbed out.
- Water and sewer are at the property.
- Nice elevation change on the property will make for a pretty development.
- Excellent road frontage
- Next to Summerhill condos and Meadowcrest neighborhood
- Prime location near planned Suncoast Parkway extension exit