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$950,000
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Property Description
Uncover the immense potential of Castaways Restaurant, a well-established Icon of Citrus County bar and grills located in the heart of Crystal River, Florida. This offering includes the business assets and the valuable real estate it sits upon, presenting a rare chance for a visionary investor or restaurateur. Expansive parcel with Limitless Potential: One of Castaways' most significant assets is its impressive 9.38-acre lot, boasting substantial US 19 frontage and depth. This generous land parcel offers far more than just ample parking. Imagine the possibilities: from hosting large outdoor events, expanding dining areas, or even developing complementary ventures. The existing paved parking is supplemented by a vast grassy area, making it ideal for various uses. This isn't just a restaurant; it's a Crystal River institution ready for growth in a booming County. Strategic Location with High Visibility: Castaways benefits from a highly visible location directly on US Highway 19 (Suncoast Blvd). This major thoroughfare sees a significant daily traffic count, ensuring constant exposure to a steady stream of potential customers. The restaurant capitalizes on this prime position to attract both local diners and tourists exploring what the Nature Coast has to offer. Established Business with Room for Growth: Currently operating as a popular bar and grill, Castaways already has a loyal customer base. The sale includes a full 4COP Liquor License, allowing for a comprehensive liquor bar to complement the homemade, hand-cooked entrees and appetizers. While already successful, there's significant potential to expand operations, optimize existing spaces, or introduce new concepts to further capitalize on the location and the burgeoning Crystal River market. Don't miss out on this exceptional opportunity to own a piece of Crystal River's thriving culinary scene with an unparalleled lot size and strategic location. Contact us today to learn more about Castaways Restaurant and unlock its full potential!
Full Property Details
Full Property Details for 5430 N Suncoast Blvd
General
- Sold For: $950,000
- Taxes: $4,417 (2024)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: OM704300
- Added to Site: 206 day(s) ago
Rental Information
- Complex Features: Bathrooms, Furnished, Kitchen Facility, Outside Storage
Interior
- Appliances: Microwave, Refrigerator
- Flooring: Vinyl
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: 34428 - Crystal River
- County: Citrus
- Development Name: 34428 - Crystal River
- Driving Directions: US Hwy 19 North of Crystal River Building on west side of US 19
- Direction Faces: East
Community
- Community Name: 34428 - Crystal River
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central Building
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: BB/HS Internet Capable
Structural Information
- # Buildings: 3
- Exterior Const.: Stucco
- Roof: Shingle
- Square Feet: 2,862
- Sq. Ft. Source: Public Records
- Living Area: 2,862 Sq. Ft.
- Year Built: 1970
Additional Structures
- Other Structures: Other, Outbuilding, Storage
Lot Features
- Lot Size (Acres): 9.35
- Lot Size (Sq. Ft.): 407,286
- Lot Size: 9.35
- Frontage: Highway
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,417
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: S 92.06 FT OF N 392.06 FT OF: BEG AT INT OF W R/W LN OF US HWY 19 & S BDRY OF NE1/4 OF SE1/4 TH NW'LY AL R/W 900 FT FOR POB TH NW AL R/W TO N BDRY OF NE1/4 OF SE1/4 TH W AL N BDRY OF NE1/4 OF SE1/4 TO NW COR OF NE1/4 OF SE1/4 FOR PT A BEG AGAIN AT PO B TH W PAR WITH S BDRY OF NE1/4 OF SE1/4 TO W BDRY OF NE1/4 OF SE1/4 TH N AL W BDRY OF NE1/4 OF SE1/4 TO PT "A" ---&--- PCL CONTAINING 27 FT ON HWY DESCR AS FOL: COM AT THE INTERSECTION OF THE W'LY R/W LINE OF US HWY 19 AND THE S BDRY OF THE NE1/4 OF SE1/4 OF SEC 6-18-17 TH N 23D 44M 18S W AL SD W'LY R/W LINE A DIST OF 1098.58 FT TO THE POB SD PT
- Flood Zone Info: AE
- APN: 17E18S06000021420
- Property ID: 17E18S06000021420
- Block/Lot/Section: 21420
Listed and Sold by Remax Realty One
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Schools
Schools serving 5430 N Suncoast Blvd
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 3.4 mi |
Crystal River Primary School 8624 West Crystal Street, Crystal River, FL 34428 | PK-5 | 3.8 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5430 N Suncoast Blvd
Date
Details
Price
Change
Source
9/29/2025
Sold
$950,000
-26.92%
MLS
6/24/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5430 N Suncoast Boulevard, Crystal River, FL 34428 (MLS# OM704300) is a Commercial property that was sold at $950,000 on September 29, 2025. Want to learn more about 5430 N Suncoast Boulevard? Do you have questions about finding other Commercial 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.

