Short Sale. Discover a rare opportunity to secure a premier waterfront homesite in the heart of Crystal River-offering the quintessential "Old Florida" lifestyle with the blank-canvas potential to build your custom coastal dream home. Nestled on crystal-clear, spring-fed waters sourced directly from world-famous Three Sisters Springs, this property boasts OVER 80 FEET OF PRIME WATER FRONTAGE with SEAMLESS ACCESS TO KINGS BAY AND THE GULF OF MEXICO. Designed for avid boaters and maritime explorers, the deep-water canal averages 7 feet in depth with 12' bridge clearance at low tide (9' at high tide)-accommodating large center consoles, bay boats, catamarans, and flats skiffs with ease. Imagine stepping into your backyard for world-class scalloping, inshore and offshore fishing, and daily visits from manatees and dolphins. THE VISION & BUILD OPPORTUNITY: Marketed for its irreplaceable waterfront footprint, this pristine lot is ready for an elevated, contemporary coastal residence custom-tailored to your specifications. We have partnered with a preferred builder to offer seamless design-build execution, and construction financing is available for qualified buyers. EXISTING STRUCTURE INCLUDED AS-IS: Whether you envision an immediate teardown to maximize the lot or prefer a functional home base while your custom plans go through permitting, the existing 3-BEDROOM, 2-BATHROOM RESIDENCE conveys strictly AS-IS with the land. The current home includes hurricane-impact windows and doors, LVP flooring, a fireplace, a kitchen with stainless steel appliances, and a heated and cooled Florida room with panoramic water views. Enjoy complete freedom with ZERO HOA OR CDD FEES in one of Florida's most sought-after coastal communities. Status: Short Sale - Currently in Lender Review Builder Partnership: Preferred Builder Available + Construction Financing Options (Ref: TB8504551) Showing Status: Available to View Due Diligence Notice: Existing structure is included strictly AS-IS; property is offered for land/redevelopment value. Buyer and Buyer's Agent are responsible for conducting all due diligence and independently verifying square footage, lot dimensions, elevation/flood requirements, zoning, and short sale terms. Information is deemed reliable but not guaranteed.