6753 Ponce De Leon BlvdHomosassa, FL 34446

Property Details for 6753 Ponce De Leon Blvd

Lot size

42.66 AC

Zone code

GNC GEN COMMERCIAL

Property type

Land

Property subtype

Commercial land

APN

18E-20S-30-40000

APU

18E20S3040000

Description

This exceptional commercial land offering presents a unique investment opportunity in Homosassa, Florida. Located at 6753 W Ponce De Leon Blvd, Citrus County, FL 34446 (28.720735, -82.5440069), this property encompasses a flexible acreage ranging from 5 to 80 acres, priced at $200,000 per acre, totaling $16,000,000. The land is ideally situated near the burgeoning Giovanni John Caboto - Cabot Citrus Farms development, a new luxury resort and residential community. This prime location offers significant potential for a variety of commercial ventures, capitalizing on the projected growth and increased consumer demand in the area. Envision a vibrant, walkable town square development, incorporating elements such as a movie theater, astro turf park, restaurants, shops, apartments, and townhomes, creating a thriving hub for both residents and visitors. The recent implementation of the Florida Live Local Act (effective July 1, 2023) streamlines the approval process for multi-family developments, further enhancing the investment appeal. The property's strategic location suggests strong potential for businesses such as Texas Roadhouse, Starbucks, Chipotle, Target, Cheddar's, and Cheesecake Factory, mirroring successful models in similar high-growth areas. This is a rare opportunity to acquire a substantial parcel of commercial land poised for significant appreciation in a rapidly developing region. Broker co-op is available.

• Alternative Use

  Use

  Valuation

  Residential

  $399,641,408

  Hospitality

  $366,069,376

  Educational

  $304,565,440

  Medical

  $315,039,904

  Retail

  $473,768,448

Location Insight

City

Homosassa

County

Citrus

State

Florida

Latitude

28.7207

Longitude

-82.544

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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