Waterfront Lot for Sale in Crystal River, Fl!

Description

Waterfront Lot for Sale in Crystal River, FL!

This property checks all the boxes. Situated on a prime waterfront lot with direct access to the Gulf, this hidden gem is located in the canal community of Dixie Shores.

This concrete block home was unfortunately flooded during the last hurricane and has been completely gutted down to the stud walls. A Substantial Damage Determination Letter from the county is in the bidder packet. A recent appraisal places the pre-damage value of the home above the 51% damage allowed by Citrus County, purchaser may make an appeal of the Substantial Damage Letter. Purchaser is expected to do their own due diligence.

With an 80′ reinforced concrete seawall, an existing fixed dock, and boat davits, this property is ready for your boating adventures.

Enjoy your own private oasis with an in-ground concrete pool with fully screened enclosure. The pool, which was resurfaced in 2018, is grandfathered in—a rare benefit, as the county does not allow new pool permits in this community. Please note, the pump and equipment may need replacement due to storm damage, presenting an opportunity for upgrades.

Whether you’re looking to rebuild your dream home, create a vacation getaway, or generate income through a high-end Airbnb, this property offers incredible potential. It has previously been successfully rented as an Airbnb with an established history of income (see attached 2024 rental records).

The current owner has received quotes of $11,000-$12,000 for the demolition and removal of the existing structure, clearing the way for your next project.

Come discover Crystal River—enjoy great fishing, swim with the manatees, dive for scallops, play top-rated golf courses or just enjoy the Florida sunshine.

Dixie Shores is a community on the rise and will soon become the next go-to destination. Don’t miss out on this extraordinary opportunity to invest in this prime location!

Online Auction Ends Thursday, March 20th, at 4 PM
11810 W Sunnybrook Ct., Crystal River, FL 34429

Citrus County, Florida

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video
Click Here for Air BnB Rental Income Sheet

CONTACT: Realtor Gwen Smith with United Country Smith & Associates at (352) 598-1136 or email gwen@ucsmith.com.

DIRECTIONS: From Crystal River, follow US 19/98 S/Suncoast Blvd/NE US Hwy 19 for 1.3 miles. Turn right onto W. Fort Island Trail for 2.4 miles. Turn left. Continue onto W. Dixie Shores Dr. Turn right onto W. Sunnybrook Ct. Property will be on your left. Look for signs for United Country Smith & Associates

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Broker Fee of 1.5% (of the High Bid Price) is offered to a cooperating FL State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on day of sale. Close on or before May 5th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 20th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.