Under contract-accepting backup offers. Located at 2221 S Waterman Ave in Crystal River, this 2 bedroom, 1 bathroom waterfront home sits on a large corner lot and is ready for someone with vision to bring it back to life. If you've been searching for your next investment project, flip, or waterfront getaway renovation, this property is full of potential. The home needs a full rehab, but several big-ticket items are already in place, including a new metal roof. With the right updates, this property could be transformed into a charming coastal retreat, vacation rental, or fisherman's paradise. Step outside and enjoy direct waterfront access, complete with a boathouse, making it perfect for boaters, anglers, and anyone who loves life on the water. Crystal River is known for its natural beauty, world-class fishing, and laid-back coastal lifestyle. Whether you're an investor looking for your next project or a creative buyer ready to design your own waterfront escape, this property offers the location and potential to make it something truly special. Bring your ideas and your contractor, opportunities like this on the water don't come around often.