Located at 2221 S Waterman Ave in Crystal River, this 2 bedroom, 1 bathroom waterfront home sits on a large corner lot and is ready for someone with vision to bring it back to life. If you’ve been searching for your next investment project, flip, or waterfront getaway renovation, this property is full of potential. The home needs a full rehab, but several big-ticket items are already in place, including a new metal roof. With the right updates, this property could be transformed into a charming coastal retreat, vacation rental, or fisherman’s paradise. Step outside and enjoy direct waterfront access, complete with a boathouse, making it perfect for boaters, anglers, and anyone who loves life on the water. Crystal River is known for its natural beauty, world-class fishing, and laid-back coastal lifestyle. Whether you're an investor looking for your next project or a creative buyer ready to design your own waterfront escape, this property offers the location and potential to make it something truly special. Bring your ideas and your contractor, opportunities like this on the water don’t come around often.
Sold for $159,999
$159,999
2221 S WATERMAN DRIVE, CRYSTAL RIVER, FL 34429
2beds
896sqft
Single Family Residence
Built in 1966
0.35 Acres Lot
$161,000 Zestimate®
$179/sqft
$1,405 Estimated rent
Home value
$161,000
$138,000 - $187,000
$1,405/mo
Zestimate® history
Owner options
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$1,405/mo
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$1,405/mo
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$1,128/mo
Est. payment
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$1,128/mo
Est. payment
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List your homeWhat's special
New metal roofDirect waterfront accessLarge corner lot
Zillow last checked:
Listing updated:
Listed by:
Chelsey Grove 813-418-0708,
MOMENTUM REALTY - GAINESVILLE 904-903-1558
Bought with:
Chelsey Grove, 3412042
MOMENTUM REALTY - GAINESVILLE
Source: Stellar MLS,MLS#: GC538395
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Kitchen
- Level: First
- Area: 48 Square Feet
- Dimensions: 8x6
Living room
- Level: First
- Area: 169 Square Feet
- Dimensions: 13x13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Washer Hookup
Features
- None
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 896
- Total interior livable area: 896 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal - Brackish, Brackish Canal Access
Lot
- Size: 0.35 Acres
- Dimensions: 107 x 118
Details
- Additional structures: Boat House
- Parcel number: 16E19S1400004C000137B
- Zoning: CLRMH
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WATERMANS UNREC SUB
HOA
- Has HOA: No
Location
- Region: Crystal River
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $160,546
- Annual tax amount: $2,591
- Date on market: 3/11/2026
- Cumulative days on market: 173 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $159,999$179/sqft |
Source:  Stellar MLS #GC538395 Report a problem | ||
| 3/30/2026 | Pending sale | $159,999$179/sqft |
Source: Stellar MLS #GC538395 Report a problem | ||
| 3/25/2026 | Price change | $159,999-20%$179/sqft |
Source: Stellar MLS #GC538395 Report a problem | ||
| 3/12/2026 | Listed for sale | $199,999-22.8%$223/sqft |
Source: Stellar MLS #GC538395 Report a problem | ||
| 3/8/2026 | Listing removed | $258,930$289/sqft |
Source: Stellar MLS #OM709214 Report a problem | ||
| 2/3/2026 | Price change | $258,930-3.7%$289/sqft |
Source: Stellar MLS #OM709214 Report a problem | ||
| 1/12/2026 | Pending sale | $268,930$300/sqft |
Source: Stellar MLS #OM709214 Report a problem | ||
| 9/9/2025 | Listed for sale | $268,930$300/sqft |
Source: Stellar MLS #OM709214 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,592 +4.1% | $160,546 -18.8% |
| 2024 | $2,490 -22.8% | $197,751 +1.4% |
| 2023 | $3,223 +15.2% | $195,006 +10% |
| 2022 | $2,797 +13.6% | $177,278 +10% |
| 2021 | $2,464 +10.3% | $161,162 +7.8% |
| 2020 | $2,233 +9.5% | $149,458 +13.8% |
| 2019 | $2,040 +65.6% | $131,350 +12.8% |
| 2018 | $1,232 +7.6% | $116,443 +2.1% |
| 2017 | $1,145 -9.9% | $114,048 +2.1% |
| 2016 | $1,271 | $111,702 +0.7% |
| 2015 | $1,271 | $110,926 +0.8% |
| 2014 | $1,271 +5.1% | $110,046 +1.5% |
| 2013 | $1,209 -10.3% | $108,420 -11.1% |
| 2012 | $1,347 -8% | $121,890 -5% |
| 2011 | $1,464 -19.1% | $128,331 -16% |
| 2010 | $1,809 -18.7% | $152,772 -12.1% |
| 2009 | $2,224 -24.6% | $173,772 -21% |
| 2008 | $2,949 -14.2% | $220,020 -9.4% |
| 2007 | $3,437 -3.1% | $242,800 +0.6% |
| 2006 | $3,548 +28.8% | $241,400 +58.7% |
| 2005 | $2,755 +59.2% | $152,100 +67.3% |
| 2004 | $1,730 +37.9% | $90,900 +34.3% |
| 2003 | $1,255 +44.6% | $67,700 +44% |
| 2002 | $868 -3.1% | $47,000 -2.1% |
| 2000 | $895 | $48,000 |
Find assessor info on the county website
Neighborhood: 34429
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Nearby schools
GreatSchools rating
- 6/10Rock Crusher Elementary SchoolGrades: PK-5Distance: 7.9 mi
- 4/10Crystal River Middle SchoolGrades: 6-8Distance: 6.9 mi
- 4/10Crystal River High SchoolGrades: PK,9-12Distance: 7.6 mi
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Estimated market value
$161,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$161,000
- Florida
- Citrus County
- Crystal River
- 34429
- 2221 S WATERMAN DRIVE
Nearby cities
Nearby zip codes
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