8787 Suncoast BlvdHomosassa, FL 34446

Property Details for 8787 Suncoast Blvd

Year built

2001

Construction

STEEL FRAME

Lot size

5.43 AC

Property size (Sq ft)

6,000 SF

Zone code

GNC GEN COMMERCIAL

Property type

Industrial properties

Property subtype

Other warehouses

APN

17E-20S-24-0010-000D0-026.0

APU

17E20S240010000D00260

Description

This exceptional self-storage facility in Homosassa, Florida, presents a compelling investment opportunity. The property boasts 50,700 square feet under roof, situated on 5.43 acres of land. Seven buildings comprise the facility: three constructed in 2000 and four built between 2018 and 2023. The property includes 486 units, a mix of 175 non-climate-controlled, 190 climate-controlled units, and 121 uncovered RV/boat parking spaces. Currently operating at 95% occupancy, this stabilized investment offers a 6.24% cap rate and is priced at $9,100,000. The property features a perimeter fence, gated entry, and an on-site sales office, enhancing security and convenience. The location benefits from easy access to several boat launches, aligning perfectly with the area's recreational focus. The property's strong performance and prime location in a desirable Florida market make it an attractive acquisition for investors seeking a high-performing asset with potential for future growth. The property's gross lease type and multi-tenancy structure contribute to its stable income stream. The asking price per square foot is $179.49. The property's address is 8787 S Suncoast Blvd, Homosassa, FL 34446, with APN 17E20S240010 000D0 0260. The property is a single-story structure.

Location Insight

City

Homosassa

County

Citrus

State

Florida

Latitude

28.7343

Longitude

-82.5518

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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