This exceptional waterfront property in Hunter's Cove offers a unique blend of residential charm and commercial potential, thanks to its versatile zoning. The recent extension of the Suncoast Parkway (State Road 589) enhances accessibility, with the nearest access point just 7 miles away, facilitating a convenient commute to Tampa and other parts of Central Florida. Perfect location walking distance to downtown Crystal River, with old Florida charm ,Walking distance to great restaurants, bars and shops. The parcel on 3rd st is residential. The existing structure, impacted by Hurricane Helene in September 2024, presents an opportunity for renovation or the construction of a modern, elevated home designed to withstand future weather events. Seize this opportunity to create a waterfront residence or commercial venture in the esteemed Hunter's Cove, capitalizing on the area's natural beauty and enhanced connectivity. This waterfront parcel is situated in the coveted Hunter's Cove, a 10 acre body of fresh water within the city of Crystal River. Crystal River and Kings Bay are a first magnitude spring system that makes up the second largest spring group in Florida and has more than 70 identifiable freshwater springs. The Crystal River itself is a 6 mile long river that flows west into the Gulf of Mexico and has been designated one of Florida's outstanding waterways , thus receives special protection from the state of Florida. Hunter's Cove is fed by a multitude of small freshwater spring vents and three major springs that discharge millions of gallons of fresh water into the river every day. Living or building a business here means direct access to a vibrant aquatic environment teeming with diverse wildlife, including the gentle manatee, which finds sanctuary in these warm waters. Great kayaking , paddle boarding and all water sports . There is so much to offer it is a must see . Call for more information.