CRYSTAL RIVER, FL 34428 508 N CITRUS AVENUE
$1,200,000



41 more










































Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. -
Home Details
Former restaurant opportunity located in the heart of Central Florida’s Gulf Coast, capturing the essence of casual dining at its finest. Positioned prominently on a prime downtown block in Crystal River, Florida, this 160-seat restaurant is available for the first time, nestled within the city’s designated Downtown Wet Area, which allows for alcoholic drinks throughout the district.
Situated on a generous 0.52-acre corner lot, this property offers unparalleled convenience with 27 rare, private parking spaces onsite, supplemented by ample street parking and nearby public lots. The building, a solid 2,952-square-foot Concrete Block structure, underwent a full renovation in 2019, presenting a modernized and inviting environment for diners. Strategically located to maximize foot traffic, the restaurant is accessible via interconnected trails and bike paths that attract both locals and tourists alike.
Within a three-mile radius, patrons are surrounded by popular national retail outlets, lush parks, and waterways leading to the Gulf of Mexico, providing an ideal setting to draw in visitors seeking both leisure and fine dining. This is a rare chance to acquire a piece of Central Florida’s culinary scene, offering an exceptional opportunity to operate a thriving business in a vibrant downtown locale. Equipment and fixtures are to be sold separately; please inquire with the listing agent for details.
Don’t miss your opportunity—schedule a private viewing today to explore the endless possibilities that await. The property is poised to benefit from the newly completed Suncoast Parkway extension, along with future planned expansions, which position Citrus County for unprecedented growth within the Tampa Metropolitan Statistical Area (MSA). Just 15 minutes from the property, an ideal customer base of 46,361 residents awaits, with an average age of 58 and a median household income of $65,000.
This property grants access to flourishing nearby communities including Lecanto, Beverly Hills, Inverness, and Homosassa. As part of Citrus County, currently home to 153,600 residents, the area is projected to grow exponentially, reaching an estimated 350,000 residents under Citrus County’s Land Development Code by 2030. Located within Tampa–St. Petersburg–Clearwater MSA—ranked as the 18th largest in the U.S.—Citrus County stands out as one of the nation’s most promising real estate markets.
Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. -
Interior Features for 508 N CITRUS AVENUE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Flooringconcrete
Total Stories1
General for 508 N CITRUS AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citycrystal river
Construction Materialsblock
Coolingcentral air
Countycitrus
Directionslocated in crystal river, right on the corner of n citrus ave. and nw 5th street.
DockY/NNo
Flood Zone Codeae
HOANo
Legal Descriptionsylvan glen add to crystal river pb 1 pg 26 lots 74 & 75 & e 150 ft of lot 93 w of citrus ave & e of s proj of w bdry ln of lot 75 desc in or bk 1423 pg 1597 or bk 2322 pg 807
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet22750
Lot Size Unitssquare feet
MLS Area34428 - crystal river
ModificationTimestamp2025-03-31t21:17:18.080z
New ConstructionNo
Ownershipcorporation
Property Conditioncompleted
Property Subtyperestaurant
Property Typecommercial sale
Roofshingle
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesylvan glen add
Tax Annual Amount10584.93
Tax Lot74
Tax Year2023
Utilitiespublic
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1959
Zoningcg
Exterior for 508 N CITRUS AVENUE
Building Area Total2952
Foundation Detailsslab
Lot Dimensions151 x 155
Lot Featurescorner lot
Lot Size Acres0.52
Lot Size Area22750
Number of Buildings1
Parking Features19 to 30 spaces
Road Frontage Typeaccess road
Road Surface Typepaved
Vegetationtrees
Water Sourcepublic
Additional Details
Price History

Veronica Ballestas De Brook
Realtor®