6614 Suncoast BlvdHomosassa, FL 34446

Property Details for 6614 Suncoast Blvd

Lot size

18.09 AC

Zone code

PSO PROF SERVICES/OFFICE

Property type

Commercial land

APN

17E-20S-12-11300

APU

17E20S1211300

Description

This exceptional 18.1-acre commercial property presents a remarkable investment opportunity in rapidly growing Citrus County, Florida. Situated at the signalized intersection of US Hwy 19 and W Cardinal Street, this prime location boasts approximately 1,300 linear feet of highway frontage, benefiting from an impressive 25,998 Annual Average Daily Traffic (AADT). The property's strategic position is further enhanced by its proximity to the newly expanded six-lane logistic connection from Hernando County to Fort Island Trail, and the Suncoast Parkway expansion. Zoned for Mixed Use Commercial (see description for details), the land offers significant development potential for a variety of uses, including multifamily residential, professional/medical office, retail, and more. The area is experiencing substantial growth, with Citrus County's population projected to reach 350,000 by 2030, placing it within the 18th largest Metropolitan Statistical Area (MSA) in the U.S. A strong demographic profile exists, with 46,361 residents within a 15-minute drive, boasting an average age of 58 and a median household income of $65,000. Nearby communities include Lecanto, Beverly Hills, and Crystal River, adding to the property's appeal. This is a rare opportunity to acquire a large, strategically located parcel in a high-growth area with excellent access and visibility. The property's mixed-use zoning allows for flexibility in development plans, catering to a wide range of commercial and residential needs. This site is ideally suited for national retailers and developers seeking to capitalize on the region's burgeoning population and economic expansion. The APN is 17E20S12 11300, and the ownership is Fee Simple.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $314,926,000

  Retail / Commercial

  $159,537,000

  Mixed-Use / Specialty

  $157,428,000

  Hospitality / Lodging

  $113,494,000

  Office

  $154,888,000

  Institutional / Educational

  $163,111,000

  Residential Income

  $190,840,000

  Multifamily

  $237,424,000

  Automotive / Energy

  $139,810,000

  Parking / Income-Based Land

  $49,768,600

  Restaurant / Food Service

  $78,591,800

  Healthcare / Senior Housing

  $163,019,000

Location Insight

City

Homosassa

County

Citrus

State

Florida

Latitude

28.7658

Longitude

-82.5545

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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