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$590,000

1625 S WALLACE POINT, CRYSTAL RIVER, FL 34429

3D Tour
Active0 days on market

Beds

2

Baths

3

Sq Ft

1,200 sq ft

Year Built

2025

Lot Size

0.18 acres

Garage

About This Property

This isn’t your everyday waterfront home—and Ozello isn’t your everyday Florida destination. Brand-new construction overlooking the St. Martins River delivers sweeping open-water views, direct Gulf access, and the laid-back Old Florida lifestyle that makes this community so special. Built high with a finished elevation of 19'2", this striking stilt home pairs coastal living with a fresh, modern interior featuring high ceilings, taller doors, PGT windows, plantation shutters, durable Hardie Board siding, aluminum railings, and quality finishes throughout. The kitchen opens beautifully into the living and dining areas with upgraded stainless steel appliances, granite countertops, a double sink, and uninterrupted sightlines toward the water. Slide open the doors and take it outside to the covered porch, where the St. Martins River becomes your everyday backdrop. The layout offers two spacious primary suites, each with a private bath, plus an additional half bath for guests. Outside, the seawall is already in place and the property offers quick access to the Gulf of Mexico—perfect for boating, fishing, scalloping, kayaking, or simply disappearing onto the water for the day. Whether you're searching for a full-time waterfront escape, seasonal retreat, or property with Airbnb/VRBO potential, this one checks some very hard-to-find boxes. New construction, open water, Gulf access, incredible elevation, and move-in-ready finishes—all tucked into one of Florida's remaining Old Florida waterfront communities. Some homes give you a water view. This one gives you the lifestyle.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8547533
StatusActive
Year Built2025
Total Rooms3
ConstructionHardiPlank Type
RoofMetal
FoundationPillar/Post/Pier, Slab
FacesNorth
SubdivisionST MARTINS ESTUARY RETREATS UNIT 06
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
FlooringCeramic Tile
AppliancesDishwasher, Microwave, Range Hood, Refrigerator
LaundryInside, Laundry Room
WindowsBlinds
CoolingCentral Air
HeatingHeat Pump

Exterior & Lot

ExteriorLighting, Private Entrance, Private Mailbox
Lot Size0.18 acres (7,830 sq ft)
Lot FeaturesCul-De-Sac, In County, Level, Near Marina
Road SurfacePaved
ViewWater
0

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesCable Connected, Electricity Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$590,000
Annual Taxes$827 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningCLRMH
Parcel #16E19S100060000000170

Schools

ElementaryRock Crusher Elementary School
MiddleCrystal River Middle School
HighCrystal River High School

Directions

Hwy 19 S, right on Ozello Trl, left on Estuary, left on Wallace Pt. Home on the left

Location

1625 S WALLACE POINT, CRYSTAL RIVER, FL 34429

Listing Information

OfficePLANTATION REALTY, INC.
ListedSeptember 10, 2026

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Home Price

$590,000

20% ($118,000)
6.75%

Loan Term

Principal & Interest$3,061
Property Tax (est.)$541
Insurance (est.)$150
Total Monthly$3,752
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $590,000 home in CRYSTAL RIVER.

🏛️

FHA Loan

$20,650 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$29,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 10, 2026.

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