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9450 W Fort Island Trl - Resort Development Crystal River

13.01 Acres of Commercial Land Offered at $2,799,000 in Crystal River, FL 34429

Investment Highlights

  • Best location in Crystal River for a resort.
  • 15 hotels within a 5 mile radius of the property with occupancy of 80-95% in 2023.

Executive Summary

Resort development. Water front, golf front, and canal front that can navigate to the ocean. Best location in Crystal River for a resort. Geotech and Phase 1 environmental completed with good results. All 13.01 acres are buildable, no wetland, and no endangered species. Lot in city limits and allow high rise hotels or multiple units for hospitality purpose. Kayak rentals and manatee tours can be done on property with city approval. Owner finance Avail, Co-development available.

Property Facts

Price $2,799,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Hotel
Total Lot Size 13.01 AC

1 Lot Available

Lot 1

Price $2,799,000
Price Per AC $215,142
Lot Size 13.01 AC

13.01 Acres resort water front with golf view. Owner financing Available, Co-development available

Description

Resort development. Water front, golf front, and canal front that can navigate to the ocean. Best location in Crystal River for a resort. Geotech and Phase 1 environmental completed with good results. All 13.01 acres are buildable, no wetland, and no endangered species. Lot in city limits and allow high rise hotels or multiple units for hospitality purpose. Kayak rentals and manatee tours can be done on property with city approval. Owner financing avail

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17E-20S-13-0020-00000-0060
  • 17E-18S-33-0000-14400
Land Assessment
$785,220
Improvements Assessment
$0
Total Assessment
$785,220

zoning

Zoning Code CW (Commercial water front)
CW (Commercial water front)
  • Listing ID: 30290486

  • Date on Market: 12/6/2023

  • Last Updated:

  • Address: 9450 W Fort Island Trl, Crystal River, FL 34429

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