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Listed by Luke K Whitehurst • Century 21 J.W.Morton R.E.
$ 650,000
Est. payment /mo
Active
3109 S Florida AVE Inverness, FL 34450
1.85 Acres Lot
UPDATED:
09/30/2024 04:24 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Not On List
MLS Listing ID 810809
HOA Y/N No
Year Built 1970
Annual Tax Amount $2,585
Tax Year 2021
Lot Size 1.850 Acres
Acres 1.85
Property Description
SIZE DOES MATTER in development. This 1.85-acre site, zoned General Commercial and fronting S Florida Avenue/Hwy 41 S (11,200 AADT) with over 383’ of frontage, is located in the booming Historic Nature Coast town of Inverness in Citrus County, Florida. Current zoning offers an expansive array of opportunities with allowable uses such as retail/general commercial, professional/medical offices, gas stations/C-stores, restaurants, bars, and much more. Located just outside the city limits of Inverness and within unincorporated Citrus County, owners will benefit from lower taxes and close proximity to Historic Downtown Inverness. To the east of the property line, you will find the Rails to Trails, with over 46 miles of trails—one of the longest paved rail-trails in Florida—attracting a significant number of eco-tourists and outdoor cycling enthusiasts. The City of Inverness has recently invested heavily in improving the beautification of our small town, including the newly constructed lakefront parks: Liberty, Wallace Brooks, and the Depot District. With the recent $135 million expansion of the Suncoast Parkway and future extensions, Citrus County is poised for historic growth within the Tampa MSA. Just a 15-minute drive from the property, an ideal customer base of 46,361 residents with an average age of 58 and a median household income of $65,000 awaits. Strong market consumer expenditures reveal that 66% of residents dine out at restaurants/steakhouses and 89% frequent fast-food restaurants. Moreover, given the median age of 58, the area population has spent over $106 million on healthcare services.
Location
State FL
County Citrus
Area 03
Zoning GNC
Interior
Cooling Central Air
Flooring Concrete
Fireplace No
Exterior
Garage Paved
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Shingle
Present Use Automotive
Building
Lot Description Acreage
Story 1
Entry Level One
Foundation Block
Sewer Septic Tank
Water Public
Level or Stories One
New Construction No
Others
Tax ID 2801492
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard