
3902 N TALLAHASSEE ROAD, CRYSTAL RIVER, FL, 34428
Active3 days on marketListed Aug 16, 2026MLS #OM730494
About this home
3902 N TALLAHASSEE ROAD
BRING THE VISION - THIS ONE IS ALL ABOUT THE WATERFRONT, THE LOCATION AND THE OPPORTUNITY! Let’s call it what it is: this is a major fixer and an incredible blank canvas for the buyer who isn’t afraid of a project. Situated on approximately .26 acres with roughly 80 feet of waterfront along Indian Lake, this 1963 concrete-block home offers 1,804 square feet of living area, 2,430 square feet under roof, three bedrooms and two baths. The home experienced water intrusion, and the current owner originally planned to completely renovate the property and make it their own. Those plans changed, but much of the hard part has already begun - the interior is approximately 90% gutted and ready for a fresh start. A newer HVAC system is already in place, and the home features a metal roof installed over shingles in December 2017. This is not a paint-and-flooring weekend project. It is an opportunity for an investor, contractor or creative buyer to take an existing waterfront home and transform it from the inside out - choosing the layout, finishes and style that suit their vision. Step outside and enjoy the real draw: waterfront living with access from Indian Lake through the Crystal River waterways toward Kings Bay and the Gulf. Fish, kayak, boat or simply enjoy the scenery and wildlife that make Florida’s Nature Coast so special. Crystal River Preserve State Park, area public boat ramps, downtown Crystal River, waterfront dining, shopping and outdoor recreation are all nearby. Buy the waterfront. Bring the plans. Create the rest. If you have been waiting for a Crystal River property where you can truly start with a clean slate, this may be the project you have been looking for. Property is being offered AS-IS - bring your contractor, your imagination and your vision for what comes next.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,804
Sqft
0.26 ac
Lot size
1963
Year built
One
Levels
$132
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,848 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,848/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−40.3%
$/sqft vs Crystal River actives
$132 vs $209
Days on market
3 vs 53 typical
Where $132/sqft sits among the 153 Crystal River actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Crystal River
Get to know Crystal River. See the full Crystal River guide →
CRYSTAL RIVER 34428 — neighborhood snapshot
Population
9,325
Median age
55.4
Median income
$48,185
Median home value
$236,100
Avg household
2.15
Households w/ children
690
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Crystal River market
$315K → $325K
Crystal River median sold, yr/yr
93.8%
Sale-to-list ratio (12 mo)
77 of 153
Crystal River actives have cut their price
Median sold price, Crystal River, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 26% above the CRYSTAL RIVER 34428 median. See the full Crystal River market guide →
Paper trail
This home's history
Reality check
What actually sold near 3902 N TALLAHASSEE ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$600,000
3831 N RINGDOVE POINT · same community
3 bd · 2.5 ba · 1,875 sqft · $320/sqft · 68 DOM
Sold · Dec ’25$575,000
3926 N EAGLE POINT · same community
3 bd · 2 ba · 1,714 sqft · $335/sqft · 117 DOM
Sold · Dec ’25$302,500
4030 N SUN DANCE POINT
3 bd · 2 ba · 1,803 sqft · $168/sqft · 87 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3902 N TALLAHASSEE ROAD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3902 N TALLAHASSEE ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3902 N TALLAHASSEE ROAD FAQs
What would the monthly payment be for 3902 N TALLAHASSEE ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,848/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3902 N TALLAHASSEE ROAD?+
The most recent tax bill on record (2025) was $2,103. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Crystal River?+
At $239,000, this home is listed about 22% below the Crystal River median of $305,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3902 N TALLAHASSEE ROAD?+
Crystal River Middle School (middle), Crystal River High School (high), Crystal River Primary School (elementary) — Citrus County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$239,000 runs 26% above the CRYSTAL RIVER 34428 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 3 days on market in a Crystal River market that averages 53 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of EPIQUE REALTY INC. · Tamara Mayer. MLS #OM730494.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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