Commercial Sale · Mixed Use
5985 W GULF TO LAKE HIGHWAY, CRYSTAL RIVER, FL, 34429
Active263 days on marketListed Nov 20, 2025MLS #OM712937
About this property
The property at a glance
Exceptional mixed-use opportunity spanning 3.38 acres along the high-traffic West Gulf to Lake Highway corridor in Crystal River. The property consists of three potential income-producing homes across four parcels, creating an attractive investment for developers, professional users or portfolio investors. With zoning that includes Professional Service Office (PSO) for the two front residences, the site is ideal for medical, legal, or professional office conversion while maintaining interim income. The property is surrounded by the Meadowcrest medical community, a hub of established practices and offices, positioning this site as a strategic location for healthcare professionals seeking proximity to existing services. Its prime visibility along Highway 44 ensures maximum exposure for any professional or commercial use. Three parcels are included in this sale: 5985 West Gulf to Lake Highway, 1240 North Henry Point and 1241 North Henry Point. Public utilities are available, and configuration offers depth, access and flexibility for future development, expansion or continued residential leasing. This assemblage presents a rare balance of potential income and long-term redevelopment within one of Citrus County’s active professional corridors. Investors, owner-occupants and developers will appreciate the visibility, accessibility and scalability of this unique property.
4,533
Building sq ft
$419
Price / sq ft
3.38
Lot acres
1955
Year built
1
Building
PSO, GNC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$8,823/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
9,494
Population
$57,716
Median income
63.7
Median age
2.14
Avg household
$220,300
Median home value
$1,070/mo
Median rent
490
Households w/ kids
Recent sales
What actually sold near 5985 W GULF TO LAKE HIGHWAY
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$927,500
2010 SE US HIGHWAY 19
5,602 sqft · $166/sqft · Sold Jun 16, 2026
$100,000
5361 W CARDAMON PLACE
1,200 sqft · $83/sqft · Sold Feb 13, 2026
$840,000
6601 W GULF TO LAKE HIGHWAY
3,786 sqft · $222/sqft · Sold Dec 30, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5985 W GULF TO LAKE HIGHWAY — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5985 W GULF TO LAKE HIGHWAY.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · Angela Rose. MLS #OM712937.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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