$519,900

About this home

Turnkey Crystal River waterfront vacation rental producing approximately $72,000 in gross rental income from March 2025 through March 2026. Offered fully equipped and ready for continued rental use, this 3-bedroom, 2-bath deep-water canal home provides an opportunity to step into an established income-producing property without the typical upfront work of furnishing, updating, and preparing a vacation rental. Furnishings, kayaks, appliances, and extensive guest-ready amenities are already in place, and a 1-year home warranty is included. The property is positioned around one of Crystal River’s biggest rental draws: direct waterfront access and the outdoor lifestyle guests come here to experience. The private dock can accommodate a boat up to approximately 30 feet and provides direct access to Kings Bay, with the Gulf of America approximately a 10-minute boat ride away. Guests can launch the kayaks right from the property, explore Kings Bay, encounter manatees, dolphins, and native wildlife, visit Three Sisters Springs and Hunter Springs, or spend the day boating and fishing for redfish, trout, snook, mangrove snapper, and offshore species. The location also gives vacation renters access to waterfront dining and entertainment without getting in the car. Popular destinations such as Crackers and the Tipsy Tarpon are accessible by boat, while Shell Island, public reefs, springs, and some of the area’s best boating and fishing are all within easy reach. Major improvements have already been completed, helping reduce the immediate capital expenditures often associated with acquiring a rental property. Updates include a 2023 roof, updated air conditioning and water heater, full plumbing repipe, sewer conversion, remodeled kitchen and bathrooms, new appliances, updated furnishings, and refreshed interior and exterior finishes. The open interior layout transitions into a fully fenced backyard designed for guest enjoyment, with a shaded pergola, fire pit, grill area, outdoor dining spaces, and direct access to the canal. The combination of waterfront access, boating, kayaking, fishing, wildlife, springs, and an established rental history gives this property multiple features that help attract Crystal River vacationers. Whether the goal is to continue operating it as a furnished vacation rental, use it as a second home that generates income when not in use, or simply own a waterfront retreat with proven rental performance, this property offers a rare combination of location, amenities, completed improvements, and approximately $72,000 in documented gross rental revenue over the referenced 12-month period.

Highlights

Property details

MLS

Stellar MLS

MLS #

MFROM728967

Property type

Single Family Residence

Subdivision

INDIAN WATERS UNIT 02

Status

Active

Days on market

71

On market date

July 21, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

2

Parking spaces

N/A

Lot size

0.25 acres

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.