0 Norvell Bryant HwyCrystal River, FL 34429

Property Details for 0 Norvell Bryant Hwy

Lot size

11.00 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 11-acre parcel, located on West Norvell Bryant Highway in Crystal River, Florida (APN: 17E18S250270 0020), presents a remarkable opportunity for multi-family residential and commercial development. Zoned for multi-family use (MF), this property is approved for up to 168 multi-family units, making it ideal for a substantial residential project. The land boasts three convenient access points, and essential utilities, including water and sewer, are readily available at the site. The attractive elevation changes across the property offer unique design possibilities for a visually appealing development. Enjoy excellent road frontage along a busy corridor averaging 13,000 vehicles daily, providing high visibility and accessibility. Situated near the Summerhill condos and Meadowcrest neighborhood, this prime location offers proximity to Crystal River's amenities and services. Furthermore, its advantageous position near the planned Suncoast Parkway extension exit ensures easy access to major transportation routes. Future residents will also appreciate the close proximity to outdoor recreational areas such as Crystal River State Preserve, Three Sisters Springs, Kings Bay, Withlacoochee State Forest, and the Gulf of Mexico. Ocala and Gainesville are also within a reasonable driving distance. The asking price is $1,500,000, translating to $136,364 per acre. This represents the remaining portion of the Meadowcrest DRI.

Location Insight

City

Crystal River

County

Citrus

State

Florida

Latitude

28.8904

Longitude

-82.5344

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