Instant Equity Opportunity in Yankeetown - Value-Add Investment

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Home For Sale

5604 RIVERSIDE DRIVE

Yankeetown, Florida 34498

Levy County

Community: KNOTTS LAND COS 1

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$104,900 3 br, 2.0 bath 1086 sq. ft. 0.340 acres

Instant Equity Opportunity in Yankeetown - Value-Add Investment
Rare 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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1086
  • Year Built: 1952
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.340 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Concrete
  • Roof: Shingle
  • Property Taxes: $925
  • MLS #: A4680688
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Contact Information:
Beach Home For Sale in Yankeetown, Florida
Listing Agent: Loukas Masouras, Realty One Group MVP, 239-272-7330, 800-896-8790 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. 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: 7214446
Viewed 3 times.
Updated: Feb 05, 2026

This property is a Home located at 5604 RIVERSIDE DRIVE, Yankeetown, Florida 34498, and is currently For Sale at $104,900. This Home has 3 bedrooms, 2.0 baths, 1086 sq ft.