Property
ActiveResidential
1/21
$99,000

5604 RIVERSIDE DRIVE

Yankeetown, FL 34498
3
Beds
2
Baths
1,086
SqFt
0.34
Acres
STELLAR
#A4680688
Updated: Jun 20, 2026, 5:38pm

Property Description

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.
Launch 3D Virtual Tour
Opens in a new window
Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
2
Building Area Total
1086
Cooling
Central Air
Flooring
OtherVinyl
Furnished
Unfurnished
Heating
Other
Interior Features
Ninguno
Living Area
1086
Rooms Total
7
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Concrete
Direction Faces
South
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Shingle
Year Built
1952
Site & Exterior
Exterior Features
Other
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.34
Lot Size Area
14810
Lot Size Square Feet
14810
Lot Size Units
Square Feet
Public Survey Range
16
Public Survey Section
05
Road Surface Type
Concrete
Sewer
Other
Total Acreage
1/4 to less than 1/2
Utilities
Other
Financials
Calculated List Price By Calculated Sq Ft
91.16
Contract Status Change Date
2026-02-01
Current Price
99000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
HOME DISCOUNTERS LLC
Ownership
Fee Simple
Parcel Number
0802900000
Public Survey Township
17
Tax Annual Amount
925
Tax Block
14
Tax Legal Description
05-17-16 YANKEETOWN BLK 14 LOT 17 & W1/2 OF LOT 16 & PART OF ALLEY "A" & E1/2 OF ALLEY 56 OR BOOK 1806 PAGE 580
Tax Lot
17
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34498 - Yankeetown
Subdivision Name
KNOTTS LAND COS 01
Listing provided courtesy of STELLAR via IDX. Updated: Jun 20, 2026, 5:38pm.
Loukas Masouras

Listing Agent

REALTY ONE GROUP MVP

Call Agent