Crystal River WATERFRONT CANAL HOME with PERSONAL DOCK + ~$82K

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Home For Sale

3644 N Hiawatha Terrace

Crystal River, Florida 34428

Citrus County

Waterfront: Yes

Community: Indian Waters

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$595,000 3 br, 2.0 bath 1680 sq. ft. 0.240 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1680
  • Year Built: 1980
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Heat Pump (Heating)
  • Garage: Garage, Driveway
Exterior:
  • Lot Size: 0.240 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Frame, WoodSiding
  • Roof: Metal
  • Property Taxes: $5,654
  • MLS #: 851407
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Contact Information:
Beach Home For Sale in Crystal River, Florida
Listing Agent: Lindsey Miller, Plantation Realty, Inc., 352-586-8973, 352-795-0784 Listing Site, Listing Status: Active
Copyright © 2026 REALTORS Association of Citrus County, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7217198
Viewed 47 times.
Updated: May 02, 2026

This property is a Home located at 3644 N Hiawatha Terrace, Crystal River, Florida 34428, and is currently For Sale at $595,000. This Home has 3 bedrooms, 2.0 baths, 1680 sq ft.