Three-Unit Retail
For Sale
$500,000
1 Beverly Hills Boulevard, Beverly Hills, FL 34465
SINGLE_FAMILY - Beverly Hills, FL
Property Size3,800 SF
Lot Size0.44 Acres
Price / SF$131.58
Days on Market252
Property Features for 1 Beverly Hills Boulevard
General Information
Property type
Residential
Property subtype
Retail
Zoning
GNC
Parking features
Driveway
Exterior features
BlacktopDriveway
Appliances
InstantHotWater
Subdivision
Beverly Hills
Lot features
Corner Lot, Flat
Standard status
Active
APN
2401958
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OLD JIFFY STORE PARCEL KNOWN AS LOT 1.1 ON CITRUS CO ASSESS- MENT MAP 319B MORE FULLY DESC AS: COM AT MOST N'LY COR OF BLK 1 BEVERLY HILLS UNIT NO 1 PB 3 PG 149 TH S 39DEG W AL NW'LY LN OF SD BLK 1 1079.45 FT TO POB SD PT ALSO BEING THE MOST W'LY COR OF LANDS DESC IN OR BK 633 PG 545 TH CONT S 39DEG W AL SD NW'LY LN 70.55 FT TO P C OF A CURVE CONCAVED E'LY HAVING A CENTRAL ANGLE OF 90 DEG AND A RADIUS OF 50 FT TH SW'LY AND SE'LY AL THE ARC OF SD CURVE 78.54 FT TO P T OF SD CURVE SD PT BEING ON NE'LY R/W LN OF BEVERLY HILLS BLVD TH S 51DEG E AL SD NE'LY R/W LN 122.81 FT TH N 39DEG E 120.55 FT TO A PT ON A SE'LY PROJECTION OF SW'LY LN OF AFOREMENTIONED LANDS TH N 51DEG W AL SD SE'LY PROJECTION AND AL SD SW'LY LN 172.81 FT TO POB DESC IN OR
Tax Annual Amount
3430
Legal Description
OLD JIFFY STORE PARCEL KNOWN AS LOT 1.1 ON CITRUS CO ASSESS- MENT MAP 319B MORE FULLY DESC AS: COM AT MOST N'LY COR OF BLK 1 BEVERLY HILLS UNIT NO 1 PB 3 PG 149 TH S 39DEG W AL NW'LY LN OF SD BLK 1 1079.45 FT TO POB SD PT ALSO BEING THE MOST W'LY COR OF LANDS DESC IN OR BK 633 PG 545 TH CONT S 39DEG W AL SD NW'LY LN 70.55 FT TO P C OF A CURVE CONCAVED E'LY HAVING A CENTRAL ANGLE OF 90 DEG AND A RADIUS OF 50 FT TH SW'LY AND SE'LY AL THE ARC OF SD CURVE 78.54 FT TO P T OF SD CURVE SD PT BEING ON NE'LY R/W LN OF BEVERLY HILLS BLVD TH S 51DEG E AL SD NE'LY R/W LN 122.81 FT TH N 39DEG E 120.55 FT TO A PT ON A SE'LY PROJECTION OF SW'LY LN OF AFOREMENTIONED LANDS TH N 51DEG W AL SD SE'LY PROJECTION AND AL SD SW'LY LN 172.81 FT TO POB DESC IN OR
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Floors in Building
1
Flooring type
Vinyl, Tile
Building materials
Stucco
Roof type
Shingle, Asphalt
Listing Agency:
RE/MAX Realty One · RE/MAX International
(352) 795-2441
Listed By:
Alan Ivory · License #3123747
(352) 302-9781
Added: Nov 21, 2025
Changed: Jul 15
Last Checked: Jul 31 at 2:06PM
MLS# 850109
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit retail building is configured as three individual retail spaces, each with its own electrical meter. The property includes a newer roof and updated electrical panels, supporting a flexible layout for retail use.
Situated at a high-traffic intersection on Beverly Hills Boulevard in Beverly Hills, Florida, the building is zoned GNC. The property is listed as having approximately 15–16 parking spaces, providing on-site customer convenience.
The surrounding area includes a strong mix of national retailers and essential services, including Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. Owner financing is described as available, and the seller will also consider leasing the building.
Situated at a high-traffic intersection on Beverly Hills Boulevard in Beverly Hills, Florida, the building is zoned GNC. The property is listed as having approximately 15–16 parking spaces, providing on-site customer convenience.
The surrounding area includes a strong mix of national retailers and essential services, including Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. Owner financing is described as available, and the seller will also consider leasing the building.
Key Highlights
- 3,800 sq. ft. commercial building on 0.44 acres at the high‑traffic intersection of Highway 491 and Beverly Hills Blvd
- Three individual retail units, each with its own electrical meter, in a flexible layout
- Zoned GNC and includes approximately 15–16 parking spaces
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.0k | $15.00 |
| − Vacancy | −$4.8k | −$1.28 |
| EGI | $52.2k | $13.73 |
| − OpEx | −$15.6k | −$4.12 |
| NOI | $36.5k | $9.61 |
3,800 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$521.6K
$456.4K – $608.5K
NOI $36,509 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$853.9K
$747.1K – $996.2K
NOI $59,770 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SUBWAY
Dining
1,413 visits/mo
0.5 miles
Demographics for 34465, FL
17,960
Population
9,466
Households
1.9
Avg Household Size
58
Median Age
22%
College-Educated
92%
High-School Grad
24.3 sq mi
ZIP Area
739
Density / Sq Mi
$55,513
Median Household Income
$32,536
Median Earnings
$1,146
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Three individual retail units with separate electrical meters in a zoned GNC commercial building with updated electrical.
Where is this retail space located?
The property is located at 1 Beverly Hills Boulevard Beverly Hills, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,800 sq. ft. commercial building on 0.44 acres at the high‑traffic intersection of Highway 491 and Beverly Hills Blvd; Three individual retail units, each with its own electrical meter, in a flexible layout; Zoned GNC and includes approximately 15–16 parking spaces
