Three-Unit Retail
For Sale
$500,000
1 BEVERLY HILLS Boulevard, Beverly Hills, FL 34465
Commercial Sale, BEVERLY HILLS, FL
Property Size3,800 SF
Lot Size0.44 Acres
Price / SF$131.58
Days on Market51
Property Features for 1 BEVERLY HILLS Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
GNC
Subdivision
BEVERLY HILLS MARKET AREA
Directions
Hwy 486 to left on Hwy 491 to left on Beverly Hills Blvd to property on left.
Standard status
Active
APN
18E-18S-11-0010-00010-0011
Size
3,800 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
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 N E'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
3868
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 N E'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
Septic Tank
Heating system
Central, Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Floors in Building
1
Building materials
Block
Buildings
1
Listing Agency:
REMAX REALTY ONE · RE/MAX International
(352) 795-2441
Listed By:
Alan Ivory · License #3123747
(352) 302-9781
Added: Sep 16
Changed: Nov 5
Last Checked: Nov 5 at 9:06PM
MLS# OM732378
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1964, this block-constructed retail property contains 3,800 square feet across three individual units, each with a separate electrical meter. The 0.44-acre site includes approximately 19+ parking spaces. Building updates include a newer roof and updated electrical panels; central heating and central air serve the property. Water is supplied publicly, and the site uses a septic system.
The property is positioned at the Highway 491 and Beverly Hills Boulevard intersection in Beverly Hills. Retailers and services within a few miles include Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. The zoning designation is GNC.
The property is positioned at the Highway 491 and Beverly Hills Boulevard intersection in Beverly Hills. Retailers and services within a few miles include Walmart Supercenter, Target, Walgreens, ALDI, Dollar General, and AutoZone. The zoning designation is GNC.
Key Highlights
- Three retail units, each with its own electrical meter
- 3,800‑square‑foot building on 0.44 acres
- Approximately 19+ parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,509
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,180
$730.2K
Cap Rate 7%
$521,557
$521.6K
Cap Rate 9%
$405,656
$405.7K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$57.0K $15.00/SF
− Vacancy
−$4.8K −$1.28/SF
EGI
$52.2K $13.73/SF
− OpEx
−$15.6K −$4.12/SF
NOI
$36.5K $9.61/SF
Area
Citrus County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,180
Cap Rate 7%
$521,557
Cap Rate 9%
$405,656
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Dollar General
Shops & Services
8,547 visits/mo
0.5 miles
SUBWAY
Dining
1,413 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Three separately metered storefronts occupy a corner parcel at Highway 491 and Beverly Hills Boulevard.
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: Three retail units, each with its own electrical meter; 3,800‑square‑foot building on 0.44 acres; Approximately 19+ parking spaces
