Commercial Building on US Highway

3275 S FLORIDA Ave, Inverness, FL 34450

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For Sale

$315,000

Retail/service space in Citrus County, ready for immediate occupancy.

Type:Commercial

Property size:

1,920 SF

Lot size:

0.34 Acres

Price / SF:

$164/SF

HighLights

Prime commercial building in Citrus County, a high‑growth area within the Tampa MSA.
Stable in‑place cash flow from a regional tenant.
Excellent 100 feet frontage and high traffic exposure (13,700 AADT) on US Highway 41.
Strategic location near Publix, Chipotle, Citrus County offices, and Citrus Memorial Hospital.
Recently renovated (2020) 1,920 SF CBS building ready for immediate occupancy.
Proximity to the Suncoast Parkway expansion.

We can help!

Listing Contact

Elias Kirallah

Learn more

For Sale

$315,000

Retail/service space in Citrus County, ready for immediate occupancy.

Type:Commercial

Property size:

1,920 SF

Lot size:

0.34 Acres

Price / SF:

$164/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 4:41 pm

Property Features for 3275 S FLORIDA Ave

General Information

Standard status: Active
Size: 1,920 SF
Lot size: 0.34 Acres
Property subtype: Commercial

Building Details

Year Built: 1967

We can help!

Listing Contact

Elias Kirallah

Listing agent Elias Kirallah License #3123414

Listing office Century21 J.W. Morton Real Estate, Inc

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century21 J.W. Morton Real Estate, Inc

HighLights

Prime commercial building in Citrus County, a high‑growth area within the Tampa MSA.
Stable in‑place cash flow from a regional tenant.
Excellent 100 feet frontage and high traffic exposure (13,700 AADT) on US Highway 41.
Strategic location near Publix, Chipotle, Citrus County offices, and Citrus Memorial Hospital.
Recently renovated (2020) 1,920 SF CBS building ready for immediate occupancy.
Proximity to the Suncoast Parkway expansion.

Overview

This commercial building is located on US Highway 41 (Florida Avenue) in Citrus County, within the Tampa–St. Petersburg–Clearwater MSA. The property features a 1,920 SF CBS building situated on 0.34 acres, zoned General Commercial, with 100 feet of frontage and exposure to 13,700 AADT. The interior includes a large shop space, reception area, and two private offices. Renovated in 2020, the building is currently leased to a regional tenant, providing in-place cash flow. The property is centrally located 2.5 miles south of Downtown Inverness, near Publix, Chipotle, Citrus County Clerk of Courts, Property Appraiser, Tax Collector, and Citrus Memorial Hospital. Citrus County is experiencing growth, with a population projected to exceed 350,000 by 2030. The area is evolving into a major population, service, and employment center, driving demand for retail, medical, and commercial services. Inverness, Homosassa, and surrounding communities have undergone revitalization, including improvements to Liberty Park and the Depot District. The $135 million Suncoast Parkway expansion and planned Phase 3 northern extension, located just north of the property, will provide direct one-hour access to Tampa International Airport and major employment hubs, enhancing regional connectivity, tourism, and commercial demand.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$28.8k	$15.00
− Vacancy	−$2.4k	−$1.28
EGI	$26.4k	$13.73
− OpEx	−$7.9k	−$4.12
NOI	$18.4k	$9.61

1,920 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$263.5K

$230.6K – $307.4K (±1% cap)

NOI $18,446 @ 7.0% cap · market cap 5.86%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$431.4K

$377.5K – $503.3K (±1% cap)

NOI $30,199 @ 7.0% cap · market cap 9.59%

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

Location Intelligence

Current Use by Public Records

Marty's Mower Repair General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Inverness
County: Citrus
State: Florida
Longitude: -82.3142351
Latitude: 28.8144917

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For sale
Retail space
FL
Inverness
34450
3275 S FLORIDA Ave

What type of property is this?

Retail space - Retail/service space in Citrus County, ready for immediate occupancy.

Where is this retail space located?

The property is located at 3275 S FLORIDA Ave Inverness, FL.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Prime commercial building in Citrus County, a high‑growth area within the Tampa MSA.; Stable in‑place cash flow from a regional tenant.; **Excellent 100 feet frontage and high traffic exposure (13,700 AADT) on US Highway 41.**