3109 Florida AveInverness, FL 34450

Property Details for 3109 Florida Ave

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.06 AC

Property size (Sq ft)

1,920 SF

Zone code

GNC GEN COMMERCIAL

Property type

Retail properties

Property subtype

Auto shops

APN

20E-19S-21-32420

APU

20E19S2132420

Description

This exceptional 1.85-acre commercial property, located at 3109 S Florida Avenue in Inverness, Florida, presents a compelling investment opportunity. Boasting over 383 feet of frontage on S Florida Avenue/Hwy 41 S (11,200 AADT), this General Commercial zoned land offers a wide range of development possibilities. Permitted uses include retail, general commercial, professional/medical offices, gas stations/convenience stores, restaurants, and bars. Situated just outside Inverness city limits in unincorporated Citrus County, the property benefits from lower taxes while maintaining close proximity to the historic downtown area. The property's eastern border adjoins the Rails to Trails, a 46-mile paved trail system attracting numerous tourists and cyclists. Inverness has recently invested significantly in beautification projects, including new lakefront parks. The recent $135 million expansion of the Suncoast Parkway and future extensions position Citrus County for substantial growth within the Tampa MSA. A strong customer base exists just 15 minutes away, comprising 46,361 residents with a median age of 58 and a median household income of $65,000. Market data indicates high consumer spending on dining and healthcare, with 66% dining out at restaurants/steakhouses and 89% frequenting fast-food establishments. The area's population has spent over $106 million on healthcare services. The 1,920 square foot building offers significant potential for redevelopment or expansion. This property is priced at $650,000.

Location Insight

City

Inverness

County

Citrus

State

Florida

Latitude

28.8167

Longitude

-82.3148

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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