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4038 Modelwood Drive
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PRICED AT ONLY: $1,000,000

Address: 4038 Modelwood Drive, Beverly Hills, FL 34465

Description

PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 acre site is zoned for a variety of commercial uses, including, Gas Station/C Store quick service restaurants (QSR) with drive thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive thru. The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7 Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property. Adjacent to Lot 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA. Located just 15 minutes from a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, the property also enjoys proximity to growing populations in Floral City (7.8 miles), Lecanto (2 miles), Crystal River (10 miles), and Homosassa (15 miles).
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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  • MLS#: 811657 ( Land )
  • Street Address: 4038 Modelwood Drive
  • Viewed: 136
  • Price: $1,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 970
  • Acreage: 1.74 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Cleared, Flat
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2021
  • Trash Expense: 0.00
Other Features
  • Legal Description: MODELWOOD PARK PLAZA PB 18 PGS 96-97 LOT 3 TITLE IN OR BK 2038 PG 1571 AND GRANT OF APPURTENTANT EASE IN OR BK 2159 PG 1516
  • Area Major: 14
  • Occupant Type: Vacant
  • Parcel Number: 3149380
  • Possession: Closing
  • Possible Use: Commercial, Industrial, MultiFamily, MobileHome
  • The Range: 0.00
  • Views: 136
  • Zoning Code: GNC

Contact Info

  1. Broker IDX Sites Inc.
  2. A Winning Team
Broker IDX Billing System