Indian Waters Unit 02 Real Estate

Indian Waters Unit 02 Real Estate

Welcome to Indian Waters Unit 02, a hidden gem nestled in the heart of Crystal River, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal choice for those seeking a serene lifestyle without sacrificing accessibility to urban amenities.

Indian Waters Unit 02 is characterized by its picturesque landscapes, featuring lush greenery and stunning waterfront views that capture the essence of Florida living. Residents enjoy the peaceful ambiance, where the gentle sounds of nature provide a soothing backdrop to everyday life. Whether you're looking to build your dream home or invest in a vacation retreat, this community offers a variety of spacious lots that cater to diverse preferences.

One of the standout features of Indian Waters Unit 02 is its proximity to the stunning Crystal River, renowned for its crystal-clear waters and abundant wildlife. Outdoor enthusiasts will relish the numerous recreational opportunities available, from kayaking and fishing to exploring nearby parks and nature trails. The area is also famous for its manatee sightings, providing a unique experience for both residents and visitors alike.

Convenience is key in Indian Waters Unit 02, with essential amenities just a short drive away. Enjoy easy access to shopping, dining, and entertainment options in downtown Crystal River, as well as the pristine beaches and vibrant attractions of the Gulf Coast.

Discover the charm of Indian Waters Unit 02, where you can embrace a laid-back lifestyle surrounded by natural beauty and community spirit. Your dream home awaits in this idyllic Florida subdivision!

Newest Listings in Indian Waters Unit 02

$519,900
3 Beds ⋅ 2 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
Welcome to the Crystal River waterfront lifestyle, where boating, fishing, wildlife, and laid-back coastal living begin right in your backyard. This fully updated 3-bedroom, 2-bath deep-water canal home offers direct access to Kings Bay and is approximately a 10-minute boat ride from the Gulf of America. The private dock can accommodate a boat up to approximately 30 feet, making it easy to cruise to popular destinations such as Shell Island, enjoy inshore fishing for redfish, trout, snook, and mangrove snapper, or head offshore to nearby public reefs. Kayak or boat through Kings Bay to see manatees, dolphins, and native wildlife, explore Three Sisters Springs, or spend the day swimming at Hunter Springs. Waterfront restaurants, including Crackers and the Tipsy Tarpon, are also accessible by boat, allowing you to dock, dine, and enjoy the best of Crystal River without getting in the car. The home has produced approximately $72,000 in gross rental income from March 2025 through March 2026 and is offered as a turnkey opportunity with extensive improvements already completed. Updates include a 2023 roof, updated air conditioning and water heater, a full plumbing repipe, sewer conversion, remodeled kitchen and bathrooms, new appliances, updated furnishings, and refreshed interior and exterior finishes.The open layout flows into a fully fenced backyard with a shaded pergola, fire pit, grill area, and multiple spaces for outdoor dining and entertaining. Whether used as a personal waterfront retreat, second home, or income-producing vacation rental, this property offers the boating access, natural beauty, recreation, and coastal lifestyle that make Crystal River so special.

3619 N Suwannee Point, Crystal River
$885,000
4 Beds ⋅ 3 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
Experience Gulf Coast lifestyle in this elevated custom waterfront home offering deep water, direct Gulf access—perfect for boating enthusiasts and nature lovers alike. With 4 spacious bedrooms and 3 full baths, this home is designed for both comfort and flexibility. The three-story layout includes covered parking for 2 vehicles and an expansive lower-level area with a tackle room complete with ice machine hookups and extra storage, plus a huge space ideal for a workshop, hobby area, or even conversion into additional indoor/outdoor space. A sturdy dumbwaiter makes it easy to transport groceries or gear upstairs. On the main floor, you’ll find a welcoming living space with custom built-ins and an inviting screened porch overlooking the water—perfect for relaxing and entertaining. The primary suite features an electric fireplace and large ensuite. All bedrooms are generously sized, offering plenty of room for family and guests. The fenced backyard is a true Florida retreat, complete with mature fruit trees, a ground-level deck, firepit, and hammock area. Boaters will love the 75 feet of dock space with room for two large boats, a rip-rap concrete seawall, floating dock with water and 30-amp power, a fish-cleaning station, and easy access to a nearby boat ramp. Currently operating as a successful short-term rental, this home also offers the opportunity to continue as an income-producing property—all contents are negotiable for a turnkey setup. Best of all, there are no deed restrictions, giving you the freedom to use it however you choose.

3625 N Suwannee Point, Crystal River
$595,000
3 Beds ⋅ 2 Baths ⋅ Indian Waters Unit 02 SubDv. ⋅ 34428 Zip Code
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 River’s 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 2025–March 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 home’s infrastructure and reducing near-term capital expense risk. Located just minutes from historic downtown Crystal River, waterfront dining, shopping, and the area’s 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.

3644 N Hiawatha Terrace, Crystal River
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