Single Family Residence at 1625 S WALLACE PT, CRYSTAL RIVER
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48 photos

$555,000

1625 S WALLACE PT
CRYSTAL RIVER, FL 34429
Listed by Lisa VanDeBoe · PLANTATION REALTY, INC.
Bedrooms
2
Bathrooms
2.5
Living area
1,200 sqft
Year built
2025

About this home

This isn’t your everyday waterfront home—and Ozello isn’t your everyday Florida destination. Brand-new construction overlooking the St. Martins River delivers sweeping open-water views, direct Gulf access, and the laid-back Old Florida lifestyle that makes this community so special. Built high with a finished elevation of 19'2", this striking stilt home pairs coastal living with a fresh, modern interior featuring high ceilings, taller doors, PGT windows, plantation shutters, durable Hardie Board siding, aluminum railings, and quality finishes throughout. The kitchen opens beautifully into the living and dining areas with upgraded stainless steel appliances, granite countertops, a double sink, and uninterrupted sightlines toward the water. Slide open the doors and take it outside to the covered porch, where the St. Martins River becomes your everyday backdrop. The layout offers two spacious primary suites, each with a private bath, plus an additional half bath for guests. Outside, the seawall is already in place and the property offers quick access to the Gulf of Mexico—perfect for boating, fishing, scalloping, kayaking, or simply disappearing onto the water for the day. Whether you're searching for a full-time waterfront escape, seasonal retreat, or property with Airbnb/VRBO potential, this one checks some very hard-to-find boxes. New construction, open water, Gulf access, incredible elevation, and move-in-ready finishes—all tucked into one of Florida's remaining Old Florida waterfront communities. Some homes give you a water view. This one gives you the lifestyle.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRTB8547533
Property type
Single Family Residence
Subdivision
ST MARTINS ESTUARY RETREATS UNIT 06
Status
Active
Days on market
40
On market date
September 10, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.18 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
HOMOSASSA ELEMENTARY SCHOOL
5.4 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
15.7:1
District
CITRUS
Middle
CRYSTAL RIVER MIDDLE SCHOOL
7.02 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
879
Student:teacher ratio
17.9:1
District
CITRUS
HighCharter
ACADEMY OF ENVIRONMENTAL SCIENCE
4.89 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
109
Student:teacher ratio
18.2:1
District
CITRUS

Walkability

Blended score for CRYSTAL RIVER's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CRYSTAL RIVER, from live MLS data.

On the market 40 days -- 90 fewer days than CRYSTAL RIVER's current average of 130 days.
For reference, the median list price across 419 active listings in CRYSTAL RIVER right now is $219,930.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,492/mo
$111,000 down
$444,000 loan
Principal & interest$2,880
Property tax (est.)$463
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.