Homosassa, FL 34446,6614 S SUNCOAST BLVD
Homosassa, FL 34446,6614 S SUNCOAST BLVD
Homosassa, FL 34446,6614 S SUNCOAST BLVD
Homosassa, FL 34446,6614 S SUNCOAST BLVD
Homosassa, FL 34446,6614 S SUNCOAST BLVD
Homosassa, FL 34446,6614 S SUNCOAST BLVD
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$ 5,000,000
Est. payment | /mo

18.1 Acres Lot


$ 5,000,000
Est. payment | /mo

18.1 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved

Listing Status Active

Purchase Type For Sale

MLS Listing ID OM682389

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $7,941

Lot Size 18.100 Acres

Acres 18.1

Lot Dimensions 880x580

Property Description

This prime, signalized corner is located directly across from the Walmart Supercenter on US HWY 19/Suncoast Blvd (with an Annual Average Daily Traffic (AADT) of 17,988). This area has recently been expanded to a six-lane logistic connection stretching from Hernando County to Fort Island Trail in Citrus County. Covering a total of 18.10 acres, the property boasts approximately 1,300 linear feet of highway frontage, starting at the signalized intersection of US Hwy 19 and W Cardinal Street. This intersection serves as a feeder road to the newly constructed Suncoast Parkway expansion, which runs from US 98 to SR 44 and is on its way to completion to CR 486/Norvell Bryant Hwy.

Additionally, within one mile of the subject property, other notable retailers such as Publix, Tractor Supply, and many more have established themselves in this busy commercial corridor. The property is zoned Professional Service Office (PSO) and Medium Density Residential (MDR). The current PSO zoning allows for multifamily residential development over four units per acre, not to exceed 10 units per acre, subject to approval of a PUD Application. Under the permitted uses for the parcel, 70% of the parcel excluding sensitive areas can be developed for Professional/Medical Office, Financial Institutions, Restaurants without drive-thrus (unless conditionally approved), Pharmacy/Drugstores less than 7,000 SF, Multi-Use Strip Centers, Medical Marijuana Treatment Centers, and Small Retail Shops. The remaining MDR zoning allows 50% lot usage over dry land for residential development and up to 40% for non-residential developments. The parcel allows for Single Family Residential Development with a maximum density of 4 units per acre. Higher density developments of 4.1 to 8 units per acre may be permitted with the submission and approval of a PUD Application and some Neighborhood Commercial under conditional use permits.

Location

State FL

County Citrus

Zoning PSO

Exterior

Utilities Available Other

Waterfront false

Building

Lot Size Range 10 to less than 20

Sewer Septic Needed

Water Well Required

Others

Ownership Condominium

Special Listing Condition None

Stellar MLS
Listed by CENTURY 21 J.W.MORTON R.E.
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6614 S SUNCOAST BLVD