Commercial Sale · Mixed Use
1424 N GULF AVENUE, CRYSTAL RIVER, FL, 34429
Active83 days on marketListed May 15, 2026MLS #OM724811
About this property
The property at a glance
Now available for sale, this expansive 2.21-acre commercial property presents an exceptional opportunity in the heart of fast-growing Crystal River, FL. Offering a highly functional layout with excellent visibility and 16,606 total square feet across three buildings, the site is zoned GNC (General Neighborhood Commercial) under the Citrus County Land Development Code, making it suitable for a wide variety of commercial uses. The main building features two storefront office units, each approximately 32 x 20 feet, along with a 6,000 SF warehouse unit that includes four roll-up doors, additional office space, and two bathrooms. Two additional buildings are configured as storage facilities totaling 42 units. This includes 18 units that are 10 x 25 feet each and 24 units that are 10 x 20 feet each. To provide the next owner with a premier investment foundation, the facility has been strategically transitioning towards growing an improved tenant base at current market rates. This proactive management approach offers a streamlined start, allowing you to immediately capitalize on a stabilized, growth-oriented asset. This turnkey operation includes handover of the Gulf State Storage facility website and a newly implemented automated management program for seamless ACH and credit card rent collection. Recent capital improvements include the installation of a newly fenced perimeter encompassing the entire property, providing enhanced security not yet reflected in current photography. With extremely low overhead, this asset is primed for high-margin returns. Whether you're an investor seeking steady rental income or a business owner in need of workspace with revenue-generating options, this property offers the versatility and location to meet your needs.
16,606
Building sq ft
$78
Price / sq ft
2.21
Lot acres
1999
Year built
3
Buildings
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
$6,691/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
What’s nearby
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 1424 N GULF AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$380,000
305 NE 1ST AVENUE
1,118 sqft · $340/sqft · Sold Jul 7, 2026
$100,000
5361 W CARDAMON PLACE
1,200 sqft · $83/sqft · Sold Feb 13, 2026
$440,000
407 SW 1ST STREET
1,584 sqft · $278/sqft · Sold Jan 15, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1424 N GULF AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1424 N GULF AVENUE.
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 WIECHENS REALTY INC · Sandon Wiechens. MLS #OM724811.
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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