πŸ’° $72K in Rental Income from This Waterfront Florida STR

🌊 $519,900 buys a turnkey waterfront STR with a private dock, updated interior, and boating, fishing, and manatees right outside your back door.

🌊 $72K in Waterfront Rental Revenue on Florida's Nature Coast

🚀 Deep-Water Canal Home β€’ Direct Gulf Access β€’ Private Dock β€’ Turnkey STR β€’ $72K Seller-Reported Rental Income

πŸ“© Interested in this property?

🚨 Waterfront Properties Like This Rarely Stay Available

Some vacation rentals generate income because they're nicely renovated.

Others generate income because they offer experiences guests simply can't recreate elsewhere.

This waterfront canal home has produced approximately $72,000 in gross rental income from March 2025 through March 2026, while giving guests direct boating access to Kings Bay, the Gulf of America, waterfront restaurants, world-famous manatees, and some of Florida's best fishingβ€”all from their own private dock.

For buyers looking for a turnkey waterfront STR with a lifestyle that's difficult to replicate, this one deserves a serious look.

πŸ“© Interested in this property?

🏑 The Asset

3619 N Suwannee Point

Crystal River, FL

πŸ’° Offered at: $519,900

  • 3 Bedrooms

  • 2 Bathrooms

  • 1,444 Sq Ft

  • Deep-Water Canal Front

  • Private Dock (Accommodates Boats Up to ~30 Feet)

  • Direct Access to Kings Bay

  • Approximately 10-Minute Boat Ride to the Gulf of America

  • Seller-Reported ~$72,000 Gross Rental Income (March 2025–March 2026)

  • Fully Furnished & Turnkey

  • Fully Fenced Backyard

  • Pergola

  • Fire Pit

  • Outdoor Dining & Grill Area

Whether you're looking for a personal waterfront escape or a proven income-producing vacation rental, this property delivers both.

πŸ’° Proven Rental Performance

This isn't a speculative investment.

The property has already demonstrated meaningful rental demand.

Seller-Reported Performance

πŸ’° Approximately $72,000 in gross rental income from March 2025 through March 2026.

That performance comes from one of Florida's most unique waterfront destinations, where boating, fishing, wildlife, and outdoor recreation continue attracting visitors throughout much of the year.

As always, buyers should independently verify all financial information.

🚀 A True Boater's Paradise

The location is what separates this property from countless other Florida vacation rentals.

From your private dock you can:

βš“ Dock a boat up to approximately 30 feet

🌊 Reach Kings Bay within minutes

🚀 Reach the Gulf of America in approximately 10 minutes

🏝️ Cruise to Shell Island

🍽️ Dock your boat at waterfront restaurants like Crackers and Tipsy Tarpon

Owning a vacation rental where guests can arrive by boat opens the door to an entirely different guest experience.

🐬 Experiences Guests Remember

Crystal River has become one of Florida's most recognizable outdoor destinations.

Guests can enjoy:

🦭 Swimming with manatees

🐬 Spotting dolphins throughout Kings Bay

πŸ›Ά Kayaking through crystal-clear spring waters

πŸ’¦ Exploring Three Sisters Springs

πŸ–οΈ Relaxing at Hunter Springs

🎣 Fishing for redfish, trout, snook, mangrove snapper, and offshore species

Those experiences continue driving repeat visitation while helping differentiate this property from traditional beach rentals.

✨ Extensively Updated

A major advantage for buyers is that many of the expensive improvements have already been completed.

Recent updates include:

βœ” 2023 Roof

βœ” Updated HVAC

βœ” Updated Water Heater

βœ” Full Plumbing Repipe

βœ” Sewer Conversion

βœ” Fully Remodeled Kitchen

βœ” Updated Bathrooms

βœ” New Appliances

βœ” Updated Furnishings

βœ” Interior & Exterior Refresh

That means less time managing projects and more time welcoming guests.

🌴 Outdoor Living Designed for Vacationers

The backyard extends the guest experience well beyond the home itself.

Features include:

πŸ”₯ Fire pit

🌿 Shaded pergola

πŸ” Grill area

🍽️ Multiple outdoor dining spaces

🌴 Fully fenced backyard

These gathering spaces create the type of outdoor atmosphere vacation guests actively seek when booking waterfront homes.

πŸ’Έ Financing & Tax Angle

At $519,900, buyers acquire a fully renovated waterfront vacation rental with direct boating access and proven rental history.

Financing options may include:

βœ” Conventional investment financing

βœ” DSCR loans

βœ” Vacation home financing (depending on intended use)

βœ” Portfolio lending

Qualifying investors may also benefit from cost segregation and accelerated depreciation strategies depending on their tax circumstances and current tax law. Buyers interested in those opportunities should consult their CPA or tax advisor.

🏑 Need Help Finding Your Own STR?

If you've been thinking about buying a vacation rental but keep getting stuck on what to buy or where to invest, we partner with a team that helps investors identify fully underwritten, data-backed STR opportunities.

Within approximately 48 hours, they'll match you with investment opportunities complete with:

βœ” Revenue projections

βœ” Market selection

βœ” Property recommendations

βœ” Design guidance

βœ” Listing optimization

βœ” Management recommendations

βœ” Pricing strategy

In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.

Many investors are also purchasing STRs to take advantage of bonus depreciation opportunities that, when structured properly with their CPA, may create substantial first-year tax deductions.

To date, they've helped investors acquire:

🏑 375+ properties

πŸ’° $60M+ in rental revenue

πŸ“‰ $25M+ in estimated tax savings

🏑 Looking to Sell Your STR?

Own a high-performing vacation rental?

The Offer Sheet may be interested in:

βœ” Buying it directly off market

βœ” Facilitating a deal

βœ” Connecting you with qualified buyers from our nationwide investor audience

πŸ“© Simply reply to this email if you'd like to have a conversation. We'd love to hear about your property.

🎯 Why This One Stands Out

1. πŸ’° Strong Rental Performance

The seller reports approximately $72,000 in gross rental income over the past 12 months, providing buyers with an established operating history rather than a speculative projection.

2. 🚀 Waterfront Access That Few Properties Can Match

Deep-water canal frontage, a private dock, Kings Bay access, and the Gulf just minutes away create an experience that's difficult for competitors to replicate.

3. 🐬 A Destination Built Around Experiences

From swimming with manatees and kayaking crystal-clear springs to boating, fishing, and waterfront dining, guests have countless reasons to choose Crystal River year after year.

4. πŸ”¨ Major Capital Improvements Already Completed

With a newer roof, updated plumbing, remodeled kitchen and bathrooms, updated furnishings, and refreshed finishes, much of the heavy lifting has already been done.

5. 🌴 Turnkey Waterfront Lifestyle

Whether you're purchasing it as an income-producing vacation rental, a second home, or a combination of both, this property offers immediate usability from day one.

⚑ Bottom Line

Waterfront vacation rentals with private boat docks, direct Gulf access, and seller-reported rental income approaching $72,000 annually don't often become available at this price point.

For investors who believe memorable guest experiences drive long-term performance, this Crystal River property offers an exceptional combination of boating, nature, recreation, and proven income potential.

πŸ“² Express Interest

Ready to learn more or schedule a showing?