3644 N HIAWATHA TERRACE at

3644 N HIAWATHA TERRACE

For sale Days on market 67

$595,000

$354/sq ft

$15,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1980

Garage

Sqft

1680

Property Type

Single Family Residence

Property Description

Crystal River WATERFRONT CANAL HOME with PERSONAL DOCK + ~$82K GROSS INCOME + DIRECT GULF ACCESS A rare opportunity to own a top-performing waterfront property in one of Crystal River’s most established boating communities, combining strong income, direct water access, and a clean, turnkey ownership experience. Now operating in its fully updated condition, the home has produced approximately $82,000 in gross rental income over the past 12 months (March 2025–March 2026), offering proven, stabilized performance while still allowing for personal use. Positioned on a quiet canal with direct access to Kings Bay, Three Sisters Springs, and the Gulf of Mexico, the property delivers the lifestyle guests consistently seek. The dock provides immediate boating access, making fishing, scalloping, kayaking, and sunset cruising part of everyday ownership. Kayaks convey, reinforcing a true on-the-water experience. Inside, the home presents as clean, comfortable, and guest-ready, with a functional 3-bedroom, 2-bath layout designed to support both personal enjoyment and strong occupancy. The kitchen features granite countertops, modern appliances, and an efficient layout great for entertaining and everyday use. Major system updates have already been completed, including full repipe, updated AC, water heater, plumbing, and sewer connection, offering buyers confidence in the home’s infrastructure and reducing near-term capital expense risk. Located just minutes from historic downtown Crystal River, waterfront dining, shopping, and the area’s world-renowned springs, the property is ideally positioned to continue attracting short-term rental demand. Whether you're seeking a high-performing short-term rental, a waterfront second home with income potential, or a long-term investment, this property offers a compelling combination of strong revenue, essential updates, and direct Gulf access. High-income waterfront opportunities like this are increasingly rare in Crystal River.

Property Details

MLS#

TB8472132

Garage

Address

3644 HIAWATHA N

City

Crystal River

State/county

Zip/Postal Code

34428

Area

Indian Waters Unit 02

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,654

Maint Fee

$--

Tax Year

2025

Convection Oven

Dishwasher

Microwave

Refrigerator

Water

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