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Residential Investment

Desert Rose & Snapdragon

N. Snapdragon Way, Crystal River, Florida 34428

Sold: $550,000
$71.61 / SF
Updated Sep 30, 2026
Categories Apartments

About this property

Rare opportunity to own a Multi Family Triplex and a Six Plex with 100% Occupancy and a 7 3/4 % Cap Rate. New roof and windows and doors in 2007 along with new kitchen and bathroom cabinets.

Although the property cosists of 3 parcels - One with the Triplex, One with the Six Plex and a parcel of vacant land and a garage with half bath and laundry room, plus Owner Storage area the property must be sold together as one parcel.

Property is neat and clean and well cared for. Pride of ownership shows everywhere you look.

Located just off US Hwy19 north of Crystal River. Conveniently locataed neart he Duke Energy plant. Current owners rent to Duke Contract workers. They allow 2 to share a furnished 2 bedroom apartmnt thus providing maximum rental income for the area. Furnished 2 bedroom units currently rent at $1,300.00 per month.
Duke is changing its pllant from Nucelar Energy to coal and gas energy.

Property details

Property Type
Residential
Building Type
Freestanding
Building Size
7,680 sqft
Land Size
1.63 acres
Units
9
Sewer
Private Septic Tank
Water
Private Well
Zoning
Multi Family
Electric
Duke Energy
Year Built
1979
Roof
Shingle
Parking
Open parking
Construction
CBS & Stucco

Documents 4 files

Christa-Dawn-LLC-Desert-Rose-Floor-plan.pdf 240 KB
Christa-Dawn-LLC-Legal-Description.pdf 406 KB
Christa-Dawn-LLC-Snapdragon-3-plex-floorplan.pdf 248 KB
Christa-Dawn-LLC-Survey.pdf 428 KB

Last updated: Sep 30, 2026

Location

Address
N. Snapdragon Way
Crystal River, Florida 34428
Cross street
N. Desertrose Terrace
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.