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CRYSTAL RIVER, FL 34429 940 N SUNCOAST BOULEVARD

940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 1940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 2940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 3
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940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 4940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 5940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 6940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 7940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 8940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 9940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 10940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 11940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 12940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 13940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 14940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 15940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 16940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 17940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 18940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 19940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 20940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 21940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 22940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 23940 N SUNCOAST BOULEVARD CRYSTAL RIVER, FL - Image 24
Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. - 352-726-6668
  • MLS# OM720955
  • 03/16/2026
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  • SQFT • 27,600

Home Details

South Square is a prime neighborhood shopping center and storage facility featuring 15 retail units (17 with splitting) and 52 storage units situated on approximately 2.36 acres of prime commercial property with over 400 feet of frontage along US-19/98 (±32,000 AADT) within the Tampa–St. Petersburg MSA, the 18th largest metropolitan area in the United States. This well-maintained center offers a versatile mix of suite sizes ranging from 720 SF to 3,200 SF and is occupied by a diverse tenant base including medical and professional offices, retail businesses, beauty services, and other long-standing local tenants. The storage component includes 52 units, providing an additional and complementary income stream. With significant room for growth, investors have the opportunity to enhance revenue by aligning below-market rental rates and implementing standard NNN expense recoveries for CAM, insurance, and real estate taxes, which are currently limited. Combined with modest rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income by more than 23%, achieving an estimated 6.79% stabilized cap rate, while maintaining minimal vacancy in the storage component.
Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. - 352-726-6668

Interior Features for 940 N SUNCOAST BOULEVARD

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
FlooringCeramic Tile, Concrete, Laminate
Total Stories1

General for 940 N SUNCOAST BOULEVARD

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityCRYSTAL RIVER
Construction MaterialsBlock
CoolingCentral Air
CountyCitrus
DirectionsFrom Downtown Crystal River, head Southeast on US Highway 98 for 2.2 Miles and you should reach your destination on the right side of the street.
Flood Zone CodeAE
Legal DescriptionN 550 FT OF E1/2 OF E1/2 OF NW1/4 OF NW1/4 SEC 34-18-17 W OF W R/W OF US HWY 19 LESS N 150 FT DESC IN OR BK 856 PG 500 OR BK 2237 PG 1510 AND CROSS ACCESS EASE AGREE WITH PCL 44100 DESCR IN OR BK 2261 PG 2274 OR BK 2380 PG 268 OR BK 2452 PG 664
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet102652
Lot Size UnitsAcres
MLS Area34429 - Crystal River
New ConstructionNo
Number Of Units Total67
OwnershipCorporation
Property ConditionCompleted
Property SubtypeRetail
Property TypeCommercial Sale
RoofConcrete
SewerPublic Sewer, Septic Tank
Standard StatusActive
StatusActive
Subdivision NameCRYSTAL CREST ADD UNREC
Tax Annual Amount24200.9
Tax Lot3
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1984
ZoningGNC

Exterior for 940 N SUNCOAST BOULEVARD

Building Area Total27600
Foundation DetailsSlab
Lot Dimensions400 x 300
Lot Size Acres2.36
Lot Size Area2.3566
Number of Buildings2
Parking FeaturesOver 30 Spaces
Road Frontage TypeHighway, State Road
Road Surface TypePaved
VegetationTrees
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Silcock

Broker Owner
Price $4,200,000
MLS#OM720955
List Date 03/16/2026
Property Type Commercial
Phone 407.574.0218
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