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5604 Riverside Drive

YANKEETOWN, FL 34498
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Bed 3

Bed

Bath 2

Bath

SqFt1,086

Sqft

Acres0.34

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $99,000

AD Id : 74833485

MLS Id : MFRA4680688

Beds : 3

Lot Size : 0.34 Acre

Living Area Size : 1,086

Year Built : 1952

County : Levy

Subdivision: Irish Acres

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Ninguno Roof: Shingle Appliances: None Laundry Features: None

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Other, Vinyl Construction Materials: Concrete
  • Heating & Cooling

    Heating: Other Cooling: Central Air WaterSource: None

  • Building Information

    Year Built: 1952
  • Exterior Features

    Other Construction Materials: Concrete Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 14810 Lot Acres: 0.34 Lot Size (SqMt): 1376

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$104900

  • Tax Information

    Tax Block: 14 Tax Lot: 17 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 Annual Tax: $925 Tax Year: 2025 Parcel Number: 08029-000-00

  • Utility Information

    Other Sewer: Other Water Source: None
  • Location Information

    Subdivision: KNOTTS LAND COS 01 City: YANKEETOWN Direction: Begin at the intersection of Florida State Road 40 West and U.S. Highway 19 North in Crystal River, Florida. Travel north on U.S. Highway 19 North for approximately 4.0 miles. Turn left (west) onto County Road 40 West (West Yankeetown Road) and continue for approximately 8.0 miles into Yankeetown, Florida. Turn right (north) onto Riverside Drive. Continue north on Riverside Drive for approximately 0.5 miles. Arrive at 5604 Riverside Drive, which will be located on the right-hand side of the street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4817 Riverside Drive, Yankeetown, FL, 34498 $795,000 3 4 3,487 3,487 SqFt
6 Nancy Parkway, Yankeetown, FL, 34498 $289,000 2 2 1,990 1,990 SqFt
21 52nd Street, Yankeetown, FL, 34498 $269,000 -- -- 1,034 1,034 SqFt
18 56th Street, Yankeetown, FL, 34498 $199,900 2 1 1,056 1,056 SqFt
3490 SE 193rd Place, Yankeetown, FL, 34498 $525,000 2 2 1,458 1,458 SqFt
2 Alley A, Yankeetown, FL, 34498 $150,000 1 1 --
3490 SE 193rd Place, Yankeetown, FL, 34498 $525,000 2 2 1,458 1,458 SqFt
2 Alley A, Yankeetown, FL, 34498 $150,000 1 1 674 674 SqFt
7 61st Street, Yankeetown, FL, 34498 $159,000 2 1 664 664 SqFt
6 62nd Street, Yankeetown, FL, 34498 $616,900 6 6 2,028 2,028 SqFt
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: MFRMLS #A4680688 LISTED BY: Loukas Masouras, REALTY ONE GROUP MVP 800-896-8790 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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