Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5824 W Corral Place Beverly Hills, FL 34465

    View on Map
    For Sale
    $65,000

    LAND - Beverly Hills, FL

    Lot size:
    1.09 Acres
    Added:
    Mar 22, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 2 at 9:06 am

    Property Features for 5824 W Corral Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RUR
    Standard status
    Active
    APN
    2614935
    Lot size
    1.09 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Pine Ridge Unit 5 PB 14 PG 89 Map 315 D Lot 9 BLK 364
    TaxAnnualAmount
    564

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Evelyn Surrency

    Listing agent Evelyn Surrency License #320483

    Listing office Century 21 Nature Coast 835 NE Highway 19, Crystal River, FL

    Listing date Mar 22, 2026

    MLS# 853364

    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.

    Overview

    Beverly Hills Land For Sale

    This 1.09-acre lot (approximately 185' x 247') is located in the Pine Ridge community in Florida's Nature Coast. Situated in a homes-only section, this lightly wooded corner lot offers a blend of serenity and convenience. Pine Ridge is an equestrian-friendly community with 26 miles of horse trails, a horse stable, and a riding arena. The property offers space to store an RV and boat. Paved roads and city water are available; septic is required. The property is located in central Citrus County, minutes from hiking, biking, and water sports.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Citrus
    State
    Florida
    Longitude
    -82.5316101
    Latitude
    28.9303697

    Nearby Similar for Sale

    • $600,000

      Prime Commercial Opportunity in Beverly Hills

      High-traffic location with flexible layout and tremendous potential.
      1 Beverly Hills Boulevard, Beverly Hills, FL 34465
      View Details
    • $899,900
      2,432 SF

      Equestrian Estate in Beverly Hills

      Spacious home on 5.54 acres with equestrian facilities.
      3428 N BRAVO DRIVE, BEVERLY HILLS, FL 34465
      View Details
    • $99,900

      Pine Ridge Estates Land

      0.99-acre lot in equestrian community with upscale amenities.
      2004 W Huntington Drive, Beverly Hills, FL 34465
      View Details
    • $299,000

      Spacious Homesite in Pine Ridge Estates

      5.82-acre homesite in equestrian community with amenities.
      4976 W Yearling Drive, Beverly Hills, FL 34465
      View Details
    • $100,000

      Spacious Homesite in Equestrian Community

      2.75-acre homesite in Pine Ridge Estates, Beverly Hills, FL.
      2257 N STAMPEDE DRIVE, BEVERLY HILLS, FL 34465
      View Details
    • $43,000

      Beverly Hills Commercial Land Opportunity

      Commercial land in Pine Ridge equestrian community, Beverly Hills, Florida.
      4952 N Elkcam Boulevard, Beverly Hills, FL 34465
      View Details
    • $72,995

      Equestrian Land in Beverly Hills

      Upscale equestrian community homesite ready for development near Ocala.
      6162 W Conestoga Street, Beverly Hills, FL 34465
      View Details
    • $100,000

      Pine Ridge Estates Land

      2.75-acre homesite in equestrian community near future Suncoast Parkway.
      2257 N Stampede Drive, Beverly Hills, FL 34465
      View Details
    • $75,000

      Spacious Homesite in Beverly Hills

      One-acre homesite in Pine Ridge, Beverly Hills, Florida.
      3595 W PROMONTORY, BEVERLY HILLS, FL 34465
      View Details
    • $169,000

      Expansive Land in Pine Ridge

      3.36-acre parcel in equestrian community, ideal for dream home.
      6055 W Ponderosa Place, Beverly Hills, FL 34465
      View Details
    • $159,900

      Oversized Lot in Pine Ridge

      2.56 acre lot in desirable Pine Ridge community.
      2498 W Aleuts Drive, Beverly Hills, FL 34465
      View Details
    • $179,900

      Beverly Hills Land Opportunity

      2.85-acre homesite in equestrian community, near Suncoast Parkway.
      6291 W Pine Ridge Boulevard, Beverly Hills, FL 34465
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.09-acre homesite in equestrian-friendly Pine Ridge community.
    Where is this residential land & home lot located?
    The property is located at 5824 W Corral Place Beverly Hills, FL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: 1.06‑acre corner lot in Pine Ridge; Located in the homes‑only section of Pine Ridge; Equestrian‑friendly community with **26 miles of horse trails, horse stable, and riding arena**
    (352) 634-1861
    We can help!
    Listing Contact
    Evelyn Surrency
    Real Estate License ID: 320483
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!