Prime investment opportunity with this 7.42 acre property situated on the East side of the highly trafficked US 19/S Suncoast Blvd in Homosassa. This parcel features over 661 feet of frontage on S Suncoast Blvd and an income producing billboard, in an area of dynamic growth, just south of the W Cardinal St and S Suncoast Blvd intersection, which is home to popular retailers including Walmart, Circle K, and 7 11. Currently zoned MDR (Medium Density Residential), this site allows for a range of commercial and residential uses, with a residential density up to 8 units per acre and a variety of retail, hospitality/service, medical, office, and other neighborhood commercial uses permitted. This property is in an excellent location, just 3.5 miles from the newly completed Suncoast Parkway extension which extends SR 589 from Tampa to Citrus County and is a direct route to Tampa International Airport.
Prime investment opportunity with this 7.42 acre property situated on the East side of the highly trafficked US 19/S Suncoast Blvd in Homosassa. This parcel features over 661 feet of frontage on S Suncoast Blvd and an income producing billboard, in an area of dynamic growth, just south of the W Cardinal St and S Suncoast Blvd intersection, which is home to popular retailers including Walmart, Circle K, and 7 11. Currently zoned MDR (Medium Density Residential), this site allows for a range of commercial and residential uses, with a residential density up to 8 units per acre and a variety of retail, hospitality/service, medical, office, and other neighborhood commercial uses permitted. This property is in an excellent location, just 3.5 miles from the newly completed Suncoast Parkway extension which extends SR 589 from Tampa to Citrus County and is a direct route to Tampa International Airport.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Other Structures: Billboard
Garage and Parking
Garage Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Public, Sewer Nearby, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Current Use: Billboard Site
Legal Description: THE NE 1/4 OF NE 1/4 OF SE 1/4 OF SEC 12-20-17 LYING E OF US HWY 19 R/W AS IT CURRENTY EXIST COM AT NE COR OF SE 1/4 OF SEC 12-20-17 TH S 00DEG 22M 52S E AL E LN OF SE 1/4 OF SD SEC 12-20-17 663.12 FT SD LN ALSO BEING THE W BNDRY OF GREEN ACRES ADD 5 PB 5 PG 86 TH S 89DEG 00M 29S W 487.92 FT TO THE EXISTING R/W LN OF US HWY 19 TH N 00DEG 25M 00S W AL SD E'LY R/W LN 661.23 FT TO N LN OF SE 1/4 OF SEC 12-20-17 TH N 88DEG 47M 13S E AL N LN OF SE 1/4 OF SEC 12-20-17 488.35 FT TO POB EXCEPT PROPERTY DESC IN OR BK 253 PG 134 FOR R/W TITLE OR BK 2174 PG 2143 OR BK 2296 PG 1780 OR BK 2457 PG 350
Ideal property for apartments or townhomes. Vacant multi family land. Site is about 6.69 acres. Entitled for 36 units. Three 2 story buildings 12 units each were permitted in 2006. Spring Lake Villa
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