tomo logo

$874,900

Beds
3
Baths
2.0
sq ft
2,098

3970 N Timucua Pt, Crystal River, FL 34428

3970 N Timucua Pt

Crystal River, FL 34428

  • 1 day on market
Welcome home to your lucrative Airbnb/VRBO on N Timucua Point! This tastefully updated waterfront paradise in Crystal River offers the perfect blend of luxury, relaxation, and income potential in a residence that has never flooded. The furnishings and existing VRBO bookings are also included, making this a truly turn-key business opportunity. Whether you're seeking a vacation retreat, a cash-flowing investment property, or a bit of both, this opportunity includes a new metal roof w/6” gutters, new paint inside/out, updated flooring in the bedrooms, updated sprinklers, newer pool pump, and a new high efficiency AC (May 25). Also appreciate the 2-car garage, spacious front and rear driveways, and a 120 sq ft shed for your outdoor equipment. This home is located only a mile from the Crystal River Architectural and Preserve State Parks, making for serene morning walks for your family and pets. Inside features a living room/family room lay-out with split bedroom plan. The expansive master suite opens to the pool deck and has a sizable sitting room, his/hers walk in closets, and a master bath with a recently updated tile walk in shower. The oversized guest bedrooms offer ample space and comfort with a conveniently located guest bathroom in between. The kitchen includes a generous pantry and opens to both dining and family room with great views of the lanai/pool area. The deep in-ground pool includes updated Diamond Brite surfaces and a newly epoxied pool deck. Step down from the pool deck to the benched seawall and see the floating dock that sits on a deep canal, connecting to Crystal River and the Gulf where you can observe manatees and other wildlife. This exceptional home boasts a proven track record as a 5-star reviewed property, making it an attractive investment opportunity. Generate income while away or enjoy the property yourself and reap the rewards of owning a highly sought-after vacation rental. Don't miss your chance to own this beautifully appointed, high and dry home.

Details

Property type

Single Family Residence

Est. home value

$608,760

Lot size

0.26 acres

Price per sq ft

$418

Year built

1988

Annual property taxes

$6,143.35

HOA

No

Price History

04/01/2025
CitrusCounty

CitrusCounty #843247

Listed
$874,900
+191.63%
07/02/2019
CitrusCounty

CitrusCounty #781949

Sold
$300,000

Schools & Community

Elementary school: 

Crystal River Primary

Middle school: 

Crystal River Middle

High school: 

Crystal River High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$664,654
Asking price
$874,900
Closing costs (~8% of asking)
-$69,992
Est. remaining loan balance
-$140,254
Cash to seller
$664,654

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

June 2019

Original loan amount

$206,800

Est. remaining balance

$140,254

Interest rate

3.57%

Loan type

New Conventional, 15 year

Seller

Jerry Lee Sims Ii and Lora Suzanne Sims

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 10:20 PM

Listing updated: 04/01/2025 at 7:31 PM

Listed by: Nathan Barnes, RE/MAX Realty One Phone #: (352) 795-2441

MLS: CitrusCounty #843247

CitrusCounty logo

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