- 2 beds
- 2 baths
- 1,484 sqft
1625 S Wallace PointCrystal River, FL, 34429
- Price per sqft
- $463
- Days on market
- 42
- Listed
- Sep 10
- Last reduction
- −$4,000
- Oct 19, 2026
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.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 1625 S Wallace Point
- City
- Crystal River
- State
- FL
- ZIP code
- 34429
- Year built
- 2025
- New construction
- No
- Faces
- North
- Rooms
- 3
- Living area
- 1,200 sqft
- Total building area
- 3,192 sqft
- Levels
- One
Price & sale history
Asking price reduced by $35,000 (5.9%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #TB8547533 | $555,000Change: −5.9%−$35,000 | −5.9%−$35,000 | |
| Listed for saleMLS #TB8547533 | $590,000 | Not applicable |
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