Rare opportunity to own a waterfront duplex with a pool on beautiful Hourglass Lake in Crystal River, offering exceptional versatility for multi-generational living, rental income, or use as a spacious private residence. Situated on a peaceful .58-acre lot, this 1,664-square-foot residential multifamily property offers two separate living areas, with one side featuring 2 bedrooms and 1 bathroom and the other offering 1 bedroom and 1 bathroom. Each unit includes a full kitchen, providing flexibility for extended family, guests, or rental use. Recent improvements include a brand-new metal roof, newer water heater and newer tile flooring throughout. The property also features two electric panels, one electric meter, two thermostats, and a shared laundry room. Enjoy the Florida lifestyle with a sunroom, lanai, and sparkling in-ground pool, recently resurfaced and equipped with a newer pool pump. The home has never flooded during the many years of the seller's ownership, and there is no HOA, offering added freedom and flexibility. Conveniently located close to everything Crystal River has to offer, this unique waterfront property presents an outstanding opportunity for an income-producing investment, multi-generational home, private residence with additional living space, or a combination of all three. With its waterfront setting, pool, generous lot, and versatile layout, this is a truly special Crystal River property with a rare combination of features and possibilities.