6753 W Ponce De Leon Blvd Homosassa, FL 34446

Located on Juan Ponce de Leon Highway, this 42.66-acre parcel presents an investment opportunity near the new luxury resort and residential development at Cabot Citrus Farms. The property is envisioned as a walkable, European-inspired village, potentially featuring shops, dog parks, sitting areas, cafes, pubs, restaurants, offices, and apartments. The location may suit businesses such as Texas Roadhouse, Starbucks, Chipotle, Target, Cheddar's, and Cheesecake Factory. The site is positioned to benefit from the Florida Live Local Act. It is well-suited for a town square multi-use development centered around an Astro Turf park and movie theater, restaurants, shops, apartments, and townhomes. The property is located at the commercial corner intersection of U.S. highway 19/98 corridor. Ten acres are already entitled for high-density luxury multifamily development. Situated in the center of the Nature Coast, the area is experiencing growing traffic counts and population. The property benefits from a highly visible and accessible landmark location. GNC zoning is in place. Located at Sugarmill Woods, it serves as a gateway to both Citrus and Hernando counties. It offers great access and road frontage on three sides. It is located 4.8 miles to the Suncoast Parkway, FL-589 toll. The population within 10 miles is approximately 50,000, within 20 miles is 425,000, and within 50 miles is 3,500,000.