11040 W COVE HARBOR DRIVE, CRYSTAL RIVER, FL, 34428
Active93 days on marketListed May 4, 2026MLS #TB8504386
About this home
11040 W COVE HARBOR DRIVE
Rare End-Unit Waterfront Gem in Pelican Cove II with 10,000 lb Lift! Experience the pinnacle of maintenance-free coastal living in the highly coveted Pelican Cove community. This pristine 2-bedroom, 2.5-bathroom end unit masterfully blends privacy with effortless convenience, featuring a fresh exterior professionally painted by the Association. The sophisticated interior is designed for both comfort and entertaining, offering a kitchen and dedicated dining room for evening meals and a conveniently located main-level half-bathroom for guests. The spacious main-floor primary suite provides a peaceful sanctuary with true single-level accessibility, while the second floor serves as a private retreat featuring a large guest bedroom, full bathroom, and a versatile open loft, perfect for a home office or media room. An attached one-car garage adds ease and extra storage to this impressive residence. For the avid boater, the private boat slip is a dream come true, equipped with a powerful 10,000 lb lift capable of accommodating vessels up to 33 feet. From the backyard, enjoy rapid, direct access to the Crystal River, the world-famous Three Sisters Springs, and the Gulf of America for world-class fishing and manatee encounters. Pelican Cove offers a resort-style atmosphere with a climate-controlled community pool, active tennis court, a spacious clubhouse with a library, and a fish cleaning station. Your monthly fees ensure total peace of mind by covering exterior maintenance (roof and paint), groundskeeping, irrigation, trash, pest control, and comprehensive property, liability, and flood insurance. This unit includes the exclusive right of use for the assigned boat slip; the slip is an appurtenance to the unit and will be transferred to the buyer at closing via a separate "Assignment of Use" document as required by the Association. Don’t miss this rare opportunity to own a piece of paradise in one of Crystal River’s premier waterfront communities!
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,711
Sqft
0.04 ac
Lot size
1
Garage
1991
Year built
Two
Levels
$228
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,660 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,660/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Crystal River actives
$228 vs $215
Days on market
93 vs 46 typical
Where $228/sqft sits among the 141 Crystal River actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Crystal River
Get to know Crystal River. See the full Crystal River guide →
CRYSTAL RIVER 34428 — neighborhood snapshot
Population
9,325
Median age
55.4
Median income
$48,185
Median home value
$236,100
Avg household
2.15
Households w/ children
690
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Crystal River market
$315K → $325K
Crystal River median sold, yr/yr
93.8%
Sale-to-list ratio (12 mo)
74 of 141
Crystal River actives have cut their price
Median sold price, Crystal River, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 106% above the CRYSTAL RIVER 34428 median. See the full Crystal River market guide →
Paper trail
This home's history
Reality check
What actually sold near 11040 W COVE HARBOR DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$332,500
11006 W COVE HARBOR DRIVE UNIT 16 · same community
2 bd · 2 ba · 1,252 sqft · $266/sqft · 12 DOM
Sold · Dec ’25$575,000
3926 N EAGLE POINT
3 bd · 2 ba · 1,714 sqft · $335/sqft · 117 DOM
Sold · Oct ’25$505,000
11960 W BLUE BAYOU COURT UNIT 361
3 bd · 2 ba · 1,700 sqft · $297/sqft · 35 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 11040 W COVE HARBOR DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11040 W COVE HARBOR DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
11040 W COVE HARBOR DRIVE FAQs
What would the monthly payment be for 11040 W COVE HARBOR DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,660/mo — principal and interest, the actual property-tax bill, the $666/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 11040 W COVE HARBOR DRIVE?+
The association fee works out to $666 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11040 W COVE HARBOR DRIVE?+
The most recent tax bill on record (2025) was $4,393. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 11040 W COVE HARBOR DRIVE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Crystal River?+
At $389,900, this home is listed about 30% above the Crystal River median of $299,900. The market section on this page shows how the area is trending.
Which schools are assigned to 11040 W COVE HARBOR DRIVE?+
Crystal River Middle School (middle), Crystal River High School (high), Crystal River Primary School (elementary) — Citrus County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$389,900 runs 106% above the CRYSTAL RIVER 34428 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $666/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
93 days on market against a Crystal River median of 46 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $399,900, now $389,900 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ACTIVE AGENT REALTY LLC · John Maisel. MLS #TB8504386.
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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