0 Modelwood DrBeverly Hills, FL 34465

Property Details for 0 Modelwood Dr

Lot size

1.17 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional offering presents four remaining commercial land parcels within the thriving Golden Gate development in Beverly Hills, Florida. Situated on N Modelwood Dr, these pad-ready sites range from 1.17 to 2.83 acres and are zoned for diverse commercial uses, including professional/medical offices and various retail establishments. Each lot benefits from access to central water and sewer, on-site retention maximizing usable space, and convenient access via multiple curb cuts on CR 491 (Lecanto Highway) and Modelwood Drive. The development features interconnected common areas and shared parking, ensuring seamless integration and accessibility. The strategic location in Citrus County provides excellent connectivity to major arterial highways such as CR 486, SR 44, US 41 N, SR 200, and the 589 Toll Road, placing the property within easy reach of a substantial consumer base and major transportation routes. The area boasts a strong retail presence, including national brands like Lowe's, Walmart, Publix, and Winn-Dixie. The property is part of an approved Master Plan Development, offering shared amenities and infrastructure. The Citrus County Land Development Code allows for a wide range of commercial uses under GNC (General Neighborhood Commercial) and PSO (Professional Service Office) zoning, with potential for up to 325,957 square feet of development. This prime location, coupled with the area's robust growth trajectory and proximity to the recently expanded Suncoast Parkway (reducing commute times to the Tampa-St. Petersburg MSA), presents a compelling investment opportunity. The asking price for the entire assemblage is $2,856,000. Individual lot pricing varies. APN numbers include 3320683, 3524112, 3524113, 3524114, 3524115, 3524116, and 3149380. Ownership is fee simple.

Location Insight

City

Beverly Hills

County

Citrus

State

Florida

Latitude

28.926

Longitude

-82.4666

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