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3287 Florida Avenue
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PRICED AT ONLY: $315,000

Address: 3287 Florida Avenue, Inverness, FL 34450

Description

Fully occupied, income producing commercial asset located along US Highway 41 (Florida Avenue) in the heart of Citrus County within the TampaSt. PetersburgClearwater MSA. The property features a 2,090 SF CBS building situated on 0.27 acres, zoned General Commercial, with 87 feet of frontage and excellent exposure to 13,700 AADT. The building was renovated in 2020 and is leased to a regional tenant, providing stable in place cash flow. The site benefits from strong access and a central location just 2.5 miles south of Downtown Inverness, surrounded by key public and private demand drivers including Publix, Chipotle, Citrus County Clerk of Courts, Property Appraiser, Tax Collector, and Citrus Memorial Hospital. Citrus County is experiencing one of the fastest growth trajectories in Florida, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030, according to the Countys Land Development Code. As part of the TampaSt. PetersburgClearwater MSAthe 18th largest metropolitan area in the United Statesthe region is rapidly evolving into a major population, service, and employment center, driving sustained demand for retail, medical, and commercial services. The broader market continues to benefit from significant public and private investment. Inverness, Homosassa, and surrounding communities have undergone substantial revitalization, including improvements to Liberty Park, the Depot District, and other catalytic civic assets. Additionally, the $135 million Suncoast Parkway expansion and the planned Phase 3 northern extension, located just north of the subject property, will provide direct one hour access to Tampa International Airport and major employment hubs. These infrastructure investments are expected to materially enhance regional connectivity, tourism activity, and commercial demandpositioning the property along a rapidly strengthening economic corridor.

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More Like This
  • MLS#: 850771 ( CommercialSale )
  • Street Address: 3287 Florida Avenue
  • Viewed: 3
  • Price: $315,000
  • Price sqft: $157
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 2010
  • Days On Market: 12

Description

Fully occupied, income producing commercial asset located along US Highway 41 (Florida Avenue) in the heart of Citrus County within the TampaSt. PetersburgClearwater MSA. The property features a 2,090 SF CBS building situated on 0.27 acres, zoned General Commercial, with 87 feet of frontage and excellent exposure to 13,700 AADT. The building was renovated in 2020 and is leased to a regional tenant, providing stable in place cash flow. The site benefits from strong access and a central location just 2.5 miles south of Downtown Inverness, surrounded by key public and private demand drivers including Publix, Chipotle, Citrus County Clerk of Courts, Property Appraiser, Tax Collector, and Citrus Memorial Hospital. Citrus County is experiencing one of the fastest growth trajectories in Florida, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030, according to the Countys Land Development Code. As part of the TampaSt. PetersburgClearwater MSAthe 18th largest metropolitan area in the United Statesthe region is rapidly evolving into a major population, service, and employment center, driving sustained demand for retail, medical, and commercial services. The broader market continues to benefit from significant public and private investment. Inverness, Homosassa, and surrounding communities have undergone substantial revitalization, including improvements to Liberty Park, the Depot District, and other catalytic civic assets. Additionally, the $135 million Suncoast Parkway expansion and the planned Phase 3 northern extension, located just north of the subject property, will provide direct one hour access to Tampa International Airport and major employment hubs. These infrastructure investments are expected to materially enhance regional connectivity, tourism activity, and commercial demandpositioning the property along a rapidly strengthening economic corridor.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete, Tile
  • Living Area: 0.00
  • Roof: Asphalt, Shingle
Land Information
  • Lot Features: Cleared, Flat
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved, ParkingSpaces
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Road Frontage Type: CityStreet
  • 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: 2025
  • Trash Expense: 0.00
Other Features
  • Current Use: MixedUse
  • Legal Description: PAR OF LAND IN SE 1/4 OF SW 1/4 OF SEC 21-19-20 BEG AT INTERSECION OF W R/W LN OF ATLANTIC COAST LN RAILWAY AND THE S LN OF SEC 21-19-20 TH N 08DEG 19M 10S W 82.50 FT AL W R/W LN OF ATLANTIC COAST LN RAILWAYS TH N 89DEG 59M 30S W PAR WITH S LN OF SEC 21-19-20 138.94 FT TO A PT ON THE E'LY R/W LN OF US HWY 41 TH S 09DEG 07M 00S E AL SD R/W LN 82.68 FT AL E R/W LN OF US HWY 41 TO S LN OF SD SEC 21 TH S 89DEG 59M 30S E AL SD S LN 137.77 FT TO POB DESC IN OR BK 1354 PG 1998 & OR BK 2485 PG 1208
  • Levels: One
  • Area Major: 03
  • Occupant Type: Tenant
  • Parcel Number: 1763428
  • Possession: Closing
  • The Range: 0.00
  • Zoning Code: GNC
Nearby Subdivisions
Cardinal Retreats   City Of Inverness   Hickory Hill Retreats   Inverness Highlands   Inverness Town   Not On List   Oaklee Grove Condo   Town Of Inverness  
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