Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com
5430 Suncoast Boulevard, CRYSTAL RIVER, FL 34428
  • MLS#: OM704300 ( Commercial Sale )
  • Street Address: 5430 Suncoast Boulevard
  • Viewed: 6
  • Price: $1,300,000
  • Price sqft: $454
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 2862
  • Days On Market: 7
  • Acreage: 9.35 acres
  • Additional Information
  • Geolocation: 28.9403 / -82.6218
  • County: CITRUS
  • City: CRYSTAL RIVER
  • Zipcode: 34428
  • Provided by: REMAX REALTY ONE
  • Contact: Karen Cunningham
  • 352-795-2441
  • mfrmls
  • DMCA Notice
  • Description
    Uncover the immense potential of Castaways Restaurant, a well established Icon of Citrus County bar and grills located in the heart of Crystal River, Florida. This offering includes the business assets and the valuable real estate it sits upon, presenting a rare chance for a visionary investor or restaurateur. Expansive parcel with Limitless Potential: One of Castaways' most significant assets is its impressive 9.38 acre lot, boasting substantial US 19 frontage and depth. This generous land parcel offers far more than just ample parking. Imagine the possibilities: from hosting large outdoor events, expanding dining areas, or even developing complementary ventures. The existing paved parking is supplemented by a vast grassy area, making it ideal for various uses. This isn't just a restaurant; it's a Crystal River institution ready for growth in a booming County. Strategic Location with High Visibility: Castaways benefits from a highly visible location directly on US Highway 19 (Suncoast Blvd). This major thoroughfare sees a significant daily traffic count, ensuring constant exposure to a steady stream of potential customers. The restaurant capitalizes on this prime position to attract both local diners and tourists exploring what the Nature Coast has to offer. Established Business with Room for Growth: Currently operating as a popular bar and grill, Castaways already has a loyal customer base. The sale includes a full 4COP Liquor License, allowing for a comprehensive liquor bar to complement the homemade, hand cooked entrees and appetizers. While already successful, there's significant potential to expand operations, optimize existing spaces, or introduce new concepts to further capitalize on the location and the burgeoning Crystal River market. Don't miss out on this exceptional opportunity to own a piece of Crystal River's thriving culinary scene with an unparalleled lot size and strategic location. Contact us today to learn more about Castaways Restaurant and unlock its full potential!
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Features
Appliances
  1. Microwave
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Flooring
  1. Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Legal Description
  1. S 92.06 FT OF N 392.06 FT OF: BEG AT INT OF W R/W LN OF US HWY 19 & S BDRY OF NE1/4 OF SE1/4 TH NW'LY AL R/W 900 FT FOR POB TH NW AL R/W TO N BDRY OF NE1/4 OF SE1/4 TH W AL N BDRY OF NE1/4 OF SE1/4 TO NW COR OF NE1/4 OF SE1/4 FOR PT A BEG AGAIN AT PO B TH W PAR WITH S BDRY OF NE1/4 OF SE1/4 TO W BDRY OF NE1/4 OF SE1/4 TH N AL W BDRY OF NE1/4 OF SE1/4 TO PT "A" ---&--- PCL CONTAINING 27 FT ON HWY DESCR AS FOL: COM AT THE INTERSECTION OF THE W'LY R/W LINE OF US HWY 19 AND THE S BDRY OF THE NE1/4 OF SE1/4 OF SEC 6-18-17 TH N 23D 44M 18S W AL SD W'LY R/W LINE A DIST OF 1098.58 FT TO THE POB SD PT BEING THE SE CORN OF LANDS DESCR IN OR BK 391/659 TH CONT N 23D 44M 18S W AL SD R/W LINE A DIST OF 27.70 FT TH S 89D 16M 18S W 460.80 FT TO A PT ON
Living Area
  1. 2862.00
Lot Features
  1. Oversized Lot
Area Major
  1. 34428 - Crystal River
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Other
  2. Outbuilding
  3. Storage
Parcel Number
  1. 17E-18S-06-0000-21420
Parking Features
  1. Parking Spaces - 13 to 18
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Highway
Roof
  1. Shingle
Sewer
  1. Private Sewer
Tax Year
  1. 2024
Township
  1. 18
Utilities
  1. BB/HS Internet Capable
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/OM704300
Water Source
  1. Public
Year Built
  1. 1970
Zoning Code
  1. GNC
Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com