- – beds
- – baths
- – sqft
- ~3 acre lot
- – on site
Citrus County, Florida, this 3.19-acre parcel offers a rare opportunity to secure commercial land with high development potential. Zoned GNC (General Neighborhood Commercial), the site boasts approximately 620 feet of direct frontage on US Highway 41, with a traffic count of approximately 18,200 AADT, and enjoys full median-cut access accommodating both northbound and southbound traffic flows. This high-intensity commercial zoning allows for a wide variety of uses including retail, shopping centers, medical and professional offices, gas/convenience stations, and auto or marine repair. Additionally, the site supports multifamily development of up to 10 units per acre, contingent upon a PUD approval, making it a highly versatile investment option. Topography is gently rolling with the majority of buildable areas positioned above the base flood elevation (BFE 29.3’), minimizing site prep and potential fill costs—GIS data indicates portions of the site exceed 37’ in elevation. The property is centrally located with easy access to surrounding growth markets: Lecanto (17 miles), Beverly Hills (20 miles), Crystal River (24.5miles), and Homosassa (20 miles). Citrus County, home to 153,600 residents, is projected to grow to 350,000 by 2030, driven by strategic infrastructure investments such as the $135+ million Suncoast Parkway extension which enhances regional connectivity and positions Citrus as a key gateway to the Tampa–St. Petersburg–Clearwater metro—the 18th largest MSA in the U.S. Within a 15-minute drive, the site serves a population of 17,551 residents with a median household income of $53,000 and an average age of 61.2, aligning with demand for essential services, medical, and retail development. With its prime US-41 visibility, zoning flexibility, favorable topography, and access to a rapidly expanding population base, this parcel offers a unique and affordable development opportunity in one of Florida’s fastest-growing regions.
Last checked:
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Last updated May 30, 2025
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MLS# OM702177 —
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:From downtown Floral City head North on S Florida Ave for 2.6 Miles and you should reach your destination in 5 minutes on your left side.
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Latitude:28.77958
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Longitude:-82.296372
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Coordinates:-82.296372, 28.77958
The Property
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Parcel Number:20E20S03000042100
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Property Type:Land
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Lot Features:Oversized Lot
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Lot Size Acres:3.19
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Lot Size Area:3.19
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Lot Size SqFt:138956
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Lot Size Dimensions:620 x 410
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Lot Size Units:Acres
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Total Acres:2 to less than 5
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Zoning:GNC
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Current Use:Commercial
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Direction Faces:South
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View:false
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:AE/X
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Additional Parcels:false
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Price Per Acre:70533
Listing Agent
- Contact info:
- Agent phone:
- (352) 400-2635
- Office phone:
- (352) 726-6668
Taxes
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Tax Year:2024
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Tax Lot:3
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Tax Block:42100
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Tax Legal Description:COM AT NW COR TH S 88 DEG 51M 43S E AL N LN 1316.32 FT TO SW'LY R/W LN OF US HWY 41 TH S 26 DEG 59M 40S E AL R/W LN 1780.46 FT TO POB TH S 66 DEG 46M W 99.77 FT TH S 23 DEG 8M 39S W 96.01 FT TH S 0 DEG 7M 33S E 214.48 FT MOL TO WTRS OF MAGNOLIA LK TH E AL WTRS TO INT R/W LN TH N 26 DEG 59M 40S W AL R/W LN 470 FT MOL TO POB & PT OF N1/2 OF SE1/4 OF NW1/4 S OF ABOVE DESC PROP DESC IN OR BK 744 PG 1593
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Tax Book Number:85
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Tax Annual Amount:$1,315.68
The Listing
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Virtual Tour URL Unbranded:https://properties.admiredimage.com/videos/01972133-c102-7155-b76a-8694515b2d35?v=317
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Special Listing Conditions:None
Utilities
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Utilities:Other
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Sewer:Public Sewer
The Community
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Subdivision Name:BEACON SQUARE UNREC
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Waterview:false
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Water Access:false
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Waterfront:false
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Ownership:Fee Simple
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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5/30/25
May 30, 2025
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Listed / Active | STELLAR_MLS | $225,000 | 125.0% (77.6% / YR) |
10/20/23
Oct 20, 2023
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STELLAR_MLS | $100,000 | -20.0% | |
10/2/23
Oct 2, 2023
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STELLAR_MLS | $125,000 |