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Income-Producing Commercial Asset For Sale

3287 S FLORIDA Ave, Inverness, FL 34450

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For Sale

$315,000

Fully occupied commercial building in a growing Florida market.

Type:Commercial

Property size:

2,090 SF

Lot size:

0.27 Acres

Price / SF:

$150/SF

HighLights

Fully occupied commercial property with stable in‑place cash flow from a regional tenant.
Located on US Highway 41 with high visibility (13,700 AADT) and 87 feet of frontage.
Positioned in a rapidly growing area of Citrus County, projected to more than double in population by 2030.
Part of the Tampa–St. Petersburg–Clearwater MSA, a major and expanding economic center.
Benefits from significant public and private investment, including the $135 million Suncoast Parkway expansion enhancing regional access.
Renovated in 2020, featuring a 2,090 SF CBS building on 0.27 acres, zoned General Commercial.

We can help!

Listing Contact

Elias Kirallah

Learn more

For Sale

$315,000

Fully occupied commercial building in a growing Florida market.

Type:Commercial

Property size:

2,090 SF

Lot size:

0.27 Acres

Price / SF:

$150/SF

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

Property Features for 3287 S FLORIDA Ave

General Information

Standard status: Active
Size: 2,090 SF
Lot size: 0.27 Acres
Property subtype: Commercial

Building Details

Year Built: 1973

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

Fully occupied commercial property with stable in‑place cash flow from a regional tenant.
Located on US Highway 41 with high visibility (13,700 AADT) and 87 feet of frontage.
Positioned in a rapidly growing area of Citrus County, projected to more than double in population by 2030.
Part of the Tampa–St. Petersburg–Clearwater MSA, a major and expanding economic center.
Benefits from significant public and private investment, including the $135 million Suncoast Parkway expansion enhancing regional access.
Renovated in 2020, featuring a 2,090 SF CBS building on 0.27 acres, zoned General Commercial.

Overview

This fully occupied, income-producing commercial asset is located along US Highway 41 (Florida Avenue) in Citrus County, within the Tampa–St. Petersburg–Clearwater MSA. The property includes a 2,090 square foot CBS building on 0.27 acres, zoned General Commercial, with 87 feet of frontage. The location offers exposure to 13,700 AADT. Renovated in 2020, the building is leased to a regional tenant, providing stable cash flow. The site benefits from access and a central location 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 of approximately 153,600 residents projected to exceed 350,000 by 2030. As part of the Tampa–St. Petersburg–Clearwater MSA, the region is evolving into a 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 planned $135 million Suncoast Parkway expansion and Phase 3 northern extension, located just north of the subject property, will provide direct one-hour access to Tampa International Airport and major employment hubs, enhancing regional connectivity, tourism activity, and commercial demand.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$31.4k	$15.00
− Vacancy	−$2.7k	−$1.28
EGI	$28.7k	$13.73
− OpEx	−$8.6k	−$4.12
NOI	$20.1k	$9.61

2,090 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$286.9K

$251.0K – $334.7K (±1% cap)

NOI $20,080 @ 7.0% cap · market cap 6.37%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$469.6K

$410.9K – $547.9K (±1% cap)

NOI $32,873 @ 7.0% cap · market cap 10.44%

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

Location Intelligence

Current Use by Public Records

Storefront properties

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
Storefront properties
FL
Inverness
34450
3287 S FLORIDA Ave

What type of property is this?

Storefront property - Fully occupied commercial building in a growing Florida market.

Where is this storefront property located?

The property is located at 3287 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: Fully occupied commercial property with stable in‑place cash flow from a regional tenant.; Located on US Highway 41 with **high visibility (13,700 AADT) and 87 feet of frontage**.; Positioned in a rapidly growing area of Citrus County, projected to more than double in population by 2030.