$104,900

5604 Riverside Drive Yankeetown, FL 34498 Residential - Single Family Active

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Description

Instant Equity Opportunity in Yankeetown - Value-Add InvestmentRare chance to acquire a full renovation project in one of Florida's most charming and supply-constrained coastal markets. This property is perfectly positioned for investors seeking strong equity upside, multiple exit strategies, and long-term rental demand.The home features 3 bedrooms, 2 bathrooms, and 1,086 sq ft of living space, situated on a spacious, private lot that enhances both usability and appeal. Built with solid block construction, this property offers a durable foundation for renovation and repositioning. This is a full renovation project , with an after-repair value projected around $265,000, creating a compelling margin for investors.Whether your strategy is to renovate and resell or hold as a cash-flowing rental, this asset checks the right boxes. Yankeetown's limited inventory, combined with its authentic Old Florida coastal vibe, continues to drive demand from buyers and renters alike.Location is a major highlight-just a short walk to boat ramps, kayaking, fishing, bird watching, and all the natural beauty the area is known for. Convenient access to Crystal River, Inglis, and Dunnellon adds to the property's appeal for both short- and long-term occupancy.Opportunities like this are increasingly rare in Yankeetown. Bring your vision, execute your plan, and unlock the upside in this value-add investment with clear potential for equity growth and income.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Other
Lot Size: 0.34 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $925
Year Built: 1952

General Information

Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,086
County: Levy
Subdivision: KNOTTS LAND COS 01
Listed By:
Loukas Masouras REALTY ONE GROUP MVP 800-896-8790

Amenities

Ninguno
Other

Property Features

Appliances: None
Days on Site: 29
Directions: Begin at the intersection of Florida State Road 40 West and U.S. Highway 19 North in Crystal River, Florida.Travel north on U.S. Highway 19 North for approximately 4.0 miles.Turn left (west) onto County Road 40 West (West Yankeetown Road) and continue for
Exterior: Concrete
Flood Zone Code: AE
Flooring: Other, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.34
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Other
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Other
Water: None
Water Access Y/N: No
Zoning: 0
$104,900
3beds
2.0baths
1,086sqft
Active
BEDS3 BATHS2 full SQUARE FEET1,086 MLS#A4680688
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONKNOTTS LAND COS 01

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5604 Riverside Drive, Yankeetown, FL 34498.

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Estimated Payment

$ 461.49 per month $353.81 Principal & Interest $77.08 Property Tax $30.60 Homeowner's Insurance

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