3644 Hiawatha Terrace, CRYSTAL RIVER, FL 34428

Crystal River WATERFRONT CANAL HOME with PERSONAL DOCK + ~$82K GROSS INCOME + DIRECT GULF ACCESS A rare opportunity to own a top performing waterfront property in one of Crystal Rivers most established boating communities, combining strong income, direct water access, and a clean, turnkey ownership experience. Now operating in its fully updated condition, the home has produced approximately $82,000 in gross rental income over the past 12 months (March 2025March 2026), offering proven, stabilized performance while still allowing for personal use. Positioned on a quiet canal with direct access to Kings Bay, Three Sisters Springs, and the Gulf of Mexico, the property delivers the lifestyle guests consistently seek. The dock provides immediate boating access, making fishing, scalloping, kayaking, and sunset cruising part of everyday ownership. Kayaks convey, reinforcing a true on the water experience. Inside, the home presents as clean, comfortable, and guest ready, with a functional 3 bedroom, 2 bath layout designed to support both personal enjoyment and strong occupancy. The kitchen features granite countertops, modern appliances, and an efficient layout great for entertaining and everyday use. Major system updates have already been completed, including full repipe, updated AC, water heater, plumbing, and sewer connection, offering buyers confidence in the homes infrastructure and reducing near term capital expense risk. Located just minutes from historic downtown Crystal River, waterfront dining, shopping, and the areas world renowned springs, the property is ideally positioned to continue attracting short term rental demand. Whether you're seeking a high performing short term rental, a waterfront second home with income potential, or a long term investment, this property offers a compelling combination of strong revenue, essential updates, and direct Gulf access. High income waterfront opportunities like this are increasingly rare in Crystal River.