David Ramirez
Mixed Use

Commercial Sale · Mixed Use

$589,900$596,0007,804 sq ft$76 /sq ft0.47 acres1 units

639 NE 1ST STREET, CRYSTAL RIVER, FL, 34429

Active141 days on marketListed Mar 16, 2026MLS #OM720784

About this property

The property at a glance

This offering presents a unique opportunity to acquire a 7,804 square foot commercial building situated on 0.47 acres within the City Limits of Crystal River, Florida, strategically located just off the primary commercial corridor of US Highway 19/98, which experiences approximately 27,500 vehicles per day. Positioned in the heart of one of the area’s most active retail and service districts, the property benefits from strong surrounding commercial activity including national grocers, retailers, quick-service and sit-down restaurants, bars, and local businesses, with Burger King located directly along the western boundary line of the property. The building, originally constructed and operated as a daycare facility, features a large and flexible interior layout capable of supporting a wide variety of commercial uses. The structure includes expansive open flex areas, multiple private offices or possible exam rooms, seven roughed-in bathrooms, a laundry facility, and a kitchen/break area. This existing configuration provides an efficient foundation for numerous potential uses with minimal reconfiguration required. The property has never experienced flooding, an important distinction for investors and owner-users seeking operational reliability and long-term stability in coastal Florida markets. The site is located just a few blocks from Downtown Crystal River Square and is zoned CH (Commercial High Intensity) under the City of Crystal River Land Development Code. This zoning designation allows for a wide range of commercial and institutional uses, creating significant flexibility for future ownership. Permitted or potential uses may include medical and professional office space, assisted living or skilled nursing facilities, rehabilitation or treatment centers, group homes, veterinary clinics, restaurants, bars, and various service-oriented businesses, subject to municipal approvals where applicable. Citrus County is also included within the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area, which ranks as the 18th largest MSA in the United States. This regional connectivity provides access to the broader Tampa Bay economic ecosystem while maintaining the advantages of a growing secondary market with lower entry costs and expanding demand for services. Close

7,804

Building sq ft

$76

Price / sq ft

0.47

Lot acres

1956

Year built

1

Unit

1

Building

CG, CH

Zoning

Mixed Use

Property type

Building size7,804 sq ft
Lot size0.47 acres
Year built1956
Units1
Buildings1
ZoningCG, CH
Parking6 to 12 Spaces
ConstructionBlock · Brick
CoolingCentral Air
Annual taxes$230

The numbers

Investment snapshot

$589,900

Price / unit

1

Unit

Estimated payment (illustrative)

Down payment25% · $147,475
Interest rate6.00%
Loan term

Estimated payment

$2,832/mo

Principal & interest$2,653
Property taxes (actual bill)$19
Est. insurance$160

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

22,500vehicles / day · 2025Sr-44/Ne 5 St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Burger KingRestaurant0 mi
Sara’s DinerRestaurant0.1 mi
Wendy'sRestaurant0.1 mi
Hardee'sRestaurant0.1 mi
StarbucksRestaurant0.1 mi
Coney Island Drive-InnRestaurant0.1 mi
Sirenia TaproomRestaurant0.2 mi
Big LotsRetail0.2 mi
Save-A-LotGrocery0.2 mi
SonicRestaurant0.2 mi
Queen of CakesRestaurant0.2 mi
Codys Original RoadhouseRestaurant0.2 mi
Dunkin'Restaurant0.2 mi
Taco BellRestaurant0.3 mi
Little CaesarsRestaurant0.3 mi
Cajun Jimmy's Seafood Seller & CafeRestaurant0.3 mi
Thai Phoon RestaurantRestaurant0.3 mi
The Wine Shop & Wine BarRetail0.3 mi
OystersRestaurant0.3 mi
WawaGrocery0.3 mi
Bank of AmericaBank0.3 mi
Harbor Freight ToolsRetail0.4 mi
T-MobileRetail0.4 mi
Easy Livin' Furniture IncRetail0.4 mi

Business data © OpenStreetMap contributors

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 639 NE 1ST STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2010 SE US HIGHWAY 19

$927,500

2010 SE US HIGHWAY 19

5,602 sqft · $166/sqft · Sold Jun 16, 2026

311 NE 4TH AVENUE

$2,300,000

311 NE 4TH AVENUE

10,424 sqft · $221/sqft · Sold Apr 1, 2025

407 SW 1ST STREET

$440,000

407 SW 1ST STREET

1,584 sqft · $278/sqft · Sold Jan 15, 2026

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 639 NE 1ST STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 639 NE 1ST STREET.

See it in person

Schedule a tour

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Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Elias Kirallah. MLS #OM720784.

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