Bought with Lisa VanDeBoe • Plantation Realty, Inc.
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Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,567 sqft
Price per Sqft $389
Subdivision Palm Springs
MLS Listing ID 839599
Style One Story
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1998
Annual Tax Amount $3,797
Tax Year 2023
Lot Size 0.340 Acres
Property Sub-Type Single Family Residence
Property Description
** PRICED BELOW APPRAISED VALUE ** With 2,567 feet of never-flooded interiors set upon a pile-driven foundation, this home was engineered to take advantage of every view and weather every storm. Wake-up and enjoy your coffee overlooking a serene Old Florida spring before gearing up to enjoy the Gulf. End the day with breathtaking sunset views from spacious living areas and back decks overlooking Kings Bay. The backyard is encircled by the tranquility of Sailboat Cove, a popular spot with local wildlife, and a 240' recently reinforced seawall with steps leading into the Spring. Nestled in Palm Springs, one of the Bay's most desired neighborhoods, it offers the waterfront lifestyle, but also peace of mind. Designed by an Engineer, the home features a flood management system that has kept it's interiors dry, even through Helene. It also has a laundry, large pantry, fireplace, a library nook that can be converted to wet bar and a two-car garage. The kitchen, updated in 2005, features a breakfast bar, a double sink overlooking the water, propane, reverse osmosis water filter, granite countertops, and solid wood cabinets. It's spacious living room features a fireplace and large picture windows with million-dollar views. The Master Suite and it's Office overlook the Spring and have two walk-in closets (one, a steel-reinforced safe room). The Master Bath features a jetted, garden tub with separate shower and dual sinks. Location affords bridge-free access to the Gulf and is minutes away from the shops and dining of historic downtown Crystal River and the Suncoast Parkway to Tampa-St. Pete. Estate can sell this exceptional Kings Bay Spring home furnished, so it's ready to list on AirBnB for gross projected revenues of $75k annually and for the many write-offs. Whether you're seeking a permanent residence or to protect your portfolio against inflation with an STR investment, this property offers a lifestyle of comfort, tranquility and peace of mind along with breathtaking natural beauty and views.
Location
State FL
County Citrus
Area 17
Zoning CLR
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile
Laundry In Garage, Laundry Tub
Exterior
Exterior Feature Deck, Handicap Accessible, Landscaping, Lighting, Paved Driveway, Room For Pool
Parking Features Attached, Driveway, Garage, Paved, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Pool None
Utilities Available High Speed Internet Available
Waterfront Description Boat Dock/Slip,Boat Ramp/Lift Access,Gulf Access,Ocean Access,Sail Boat Access,Seawall,Waterfront
View Y/N Yes
View River
Roof Type Asphalt,Shingle
Building
Foundation Block, Crawlspace, Pillar/Post/Pier, Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Crystal River Primary
Middle Schools Crystal River Middle
High Schools Crystal River High
Others
Acceptable Financing Cash, Conventional, FHA, USDA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan
Special Listing Condition Standard
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