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$159,999
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Property Description
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.
Full Property Details
Full Property Details for 2221 S Waterman Dr
General
- Sold For: $159,999
- Taxes: $2,591 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC538395
- Added to Site: 78 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Ninguno
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup
Exterior
- Exterior Features: None
Location
- Area: 34429 - Crystal River
- County: Citrus
- Development Name: 34429 - Crystal River
- Subdivision: WATERMANS UNREC SUB
- Driving Directions: From US-19 in Crystal River, take W Ozello Trail west, turn left onto S Waterman Dr, cross the small bridge, and the home at 2221 S Waterman Dr will be the first property on the left on the corner lot.
- Direction Faces: Northwest
Community
- Community Name: 34429 - Crystal River
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable TV Available
Structural Information
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 896
- Sq. Ft. Source: Public Records
- Living Area: 896 Sq. Ft.
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,427
- Lot Size: 15427
- Lot Dimensions: 107 x 118
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Brackish
- Water Extras: Yes
- Water Front Desc.: Canal - Brackish
Financial Considerations
- Tax Amount: $2,591.7
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 137-B WATERMANS BEING IN SEC 14 T19S R16E CITRUS CO FL AND FUR DESC AS FOLL: BEGIN AT PT FOUND BY MEAS FROM NW COR OF SD SEC 14 S AL W LN OF SD SEC 956.91 FT TH S 15M 35S E 162.34 FT TO THE AFORESAID POB TH N 74 DEG 48M 30S E AL WTRS EDGE OF CANA L 112 FT TO PT REF TO AS PT A RETURN TO POB TH S 29 DEG 57M E 137.80 FT TH S 44 DEG 43S E 10.19 FT TO CTRLN OF EASM 20 FT WIDE TH AL SD EASM CTRLN N 56 DEG 13M 30S E 133.60 FT TH LEAVING SD EASE CL N 33 DEG 46M 30S W 15 FT TH AL WTRS EDGE OF CANAL S 56 DEG 13M 30S W 40 FT TH CONT AL SD WTRS EDGE OF A CANAL N 22 DEG 12M 15S W 98.81 FT MOL TO THE AF
- Flood Zone Info: AE
- APN: 16E19S1400004C000137B
- Property ID: 16E19S1400004C000137B
- Block/Lot/Section: 4C000
Listed and Sold by Momentum Realty - Gainesville
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Schools
Schools serving 2221 S Waterman Dr
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 7.5 mi |
Rock Crusher Elementary School 814 South Rock Crusher Road, Homosassa, FL 34448 | PK-5 | 7.9 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 19.5 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2221 S Waterman Dr
Date
Details
Price
Change
Source
5/22/2026
Sold
$159,999
—
MLS
3/25/2026
Price Reduced
$159,999
-20%
MLS
3/11/2026
Listed
$199,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2221 S Waterman Drive, Crystal River, FL 34429 (MLS# GC538395) is a Single Family property that was sold at $159,999 on May 22, 2026. Want to learn more about 2221 S Waterman Drive? Do you have questions about finding other Single Family real estate for sale in Crystal River? You can browse all Crystal River real estate or contact a Coldwell Banker agent to request more information.

