5604 Riverside Drive

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.