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About this home
1625 S Wallace Pt is a 2025-built home in St Martins Estuary Retreats Unit 06, Crystal River. Inside you'll find 2 bedrooms, 3 bathrooms, and 1,200 square feet of living space. Listed at $559,000 (about $466/sqft), 31 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
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.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$559,000
$466 per sq ft
Beds and baths
2 beds, 3 baths
Size
1,200 sq ft
Time on market
31 days
Year built
2025
Monthly payment
About $3,263/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $827 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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