For Sale
$995,000

4545 Shoal Line BlvdSpring Hill, FL 34607

10-Acre Waterfront Development Site

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7-acre commercial and residential land parcel, located at 4545 Shoal Line Blvd., Hernando Beach, Florida (APN: R0742317000000400080), presents a unique investment opportunity. Zoned CM-1, this property boasts approximately 1,000 feet of frontage on Shoal Line Blvd., offering unparalleled visibility and access. The site comprises approximately 4 acres of buildable uplands and 6 acres of wetlands, creating diverse development possibilities. Previous approvals included a 42-unit resort and an environmental education center, highlighting the site's potential. Utilities are available at the street, requiring county planning for water and waste connection. The property is conveniently located near the future Hernando County Boat Ramp parking lot, the intersection of Shoal Line Blvd. and Osowaw Blvd., and directly across from the Hernando Beach water tower. Nearby amenities include restaurants, retail stores, and medical facilities within a 4-mile radius. Its proximity to Weeki Wachee Springs State Park, offering various recreational activities, further enhances its appeal. The site features a large pond with diverse wildlife and a planted buffer along Shoal Line Blvd. with various trees and plants. The asking price is $995,000. This prime location offers easy access to major thoroughfares, including US Hwy. 19 (5 miles), Bayport (6 miles), Weeki Wachee Springs State Park (7.5 miles), US Hwy 589/Veterans Expressway Toll (13.5 miles), Spring Hill (6 minutes), Homosassa Springs (30 minutes), Tampa International Airport (approximately 50 minutes), and Downtown Tampa (1 hour). The surrounding area is experiencing significant commercial and residential growth, making this a highly desirable investment. The highest and best uses include a multi-family resort complex, marine storage facility, hotel, RV park, conservation/education center, or manatee conservation park. The property's value lies in its land and its potential for significant development within a thriving community.

Highlights

  • Development/Investment Opportunity.
  • Excellent 10-acre site ideal for new construction.
  • Highest and best use includes marine storage, RV park, resort, hotel, conservation park, or educational facility.
  • 1,000 feet of frontage on Shoal Line Blvd.
  • Located north of Osowaw Blvd. and Shoal Line Blvd. intersection, east of Hernando Beach Club.
  • Convenient to major highways and thoroughfares.

Property Details for 4545 Shoal Line Blvd

Property type
Land
Lot Size (sq. ft)
304,920 SF

Location Insight

City
Spring Hill
County
Hernando
State
Florida
Latitude
28.5087429
Longitude
-82.6375402
4545 Shoal Line Blvd, Spring Hill, Florida

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4545 Shoal Line Blvd
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