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For Sale

Meadowcrest Residential Mixed Use

W Norvell Bryant Hwy,
Crystal River, FL 34429

Asset Snapshot

11.00 Acres
Land Area

Offering Summary

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

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,500,000
Asking Price