Restaurant Building with Leased
For Sale
$675,000
Pending
4828-4824 S Suncoast Boulevard, Homosassa, FL 34446
SINGLE_FAMILY - Homosassa, FL
Property Size4,172 SF
Lot Size0.92 Acres
Days on Market139
Property Features for 4828-4824 S Suncoast Boulevard
General Information
Property type
Residential
Property subtype
Retail
Zoning
GNC
Parking features
Driveway
Interior features
SolidSurfaceCounters
Exterior features
BlacktopDriveway
Subdivision
Homosassa Enterprises
Lot features
Cleared, Flat
Directions
From Homosassa Trail, South onto Hwy 98 (Suncoast Blvd) about 1 mile. Property is on the Right.
Standard status
Pending
APN
1138116
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOMOSASSA HGTS PB 4 PG 121 LOT 12 BLK A HOMOSASSA HGTS PB 4 PG 121 LOT 11 BLK A
Tax Annual Amount
6263
Legal Description
HOMOSASSA HGTS PB 4 PG 121 LOT 12 BLK A HOMOSASSA HGTS PB 4 PG 121 LOT 11 BLK A
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well
Building Details
Year built
1970
Floors in Building
1
Flooring type
Laminate, Tile
Building materials
Stucco
Roof type
Metal
Listing Agency:
Century 21 J.W.Morton R.E. · Century 21 Real Estate
(352) 726-6668
Listed By:
Thao Le · License #3390499
(352) 586-3666
Added: Mar 16
Changed: Jul 29
Last Checked: Aug 1 at 8:06AM
MLS# 853120
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.
Investment Insights
Based on property information with market context.
This two-building commercial property includes a 2,880-square-foot fully equipped restaurant configured as a sports bar and grill with full liquor service. The layout provides ample indoor and outdoor seating, as well as a separate pool room. Building 1 is described as having a 50-seat capacity.
The property also includes a second building that is currently leased to a cabinet shop, creating additional rental income. It offers ample parking and is positioned with highway frontage on U.S. Highway 19 in Homosassa, Florida.
The full site is 0.92 acres and is zoned GNC. The listing notes approximately 30,000 VPD along the frontage, supporting retail and dining visibility for the combined use of the restaurant and leased space.
The property also includes a second building that is currently leased to a cabinet shop, creating additional rental income. It offers ample parking and is positioned with highway frontage on U.S. Highway 19 in Homosassa, Florida.
The full site is 0.92 acres and is zoned GNC. The listing notes approximately 30,000 VPD along the frontage, supporting retail and dining visibility for the combined use of the restaurant and leased space.
Key Highlights
- 4,172 sq. ft. total commercial space on 0.92 acres with highway 19 frontage and central electric heating/central air
- Two buildings: Building 1 is a 2,880 sq. ft. restaurant/sports bar/grill with full liquor service and 50 seating capacity
- Building 1 includes solid surface counters and flooring of tile and laminate; roof is metal with stucco exterior and blacktop driveway
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.6k | $15.00 |
| − Vacancy | −$5.3k | −$1.28 |
| EGI | $57.3k | $13.73 |
| − OpEx | −$17.2k | −$4.12 |
| NOI | $40.1k | $9.61 |
4,172 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$937.4K
$820.3K – $1.09M
NOI $65,621 @ 7.0% cap · market cap 9.72%
Second Best
Retail
$572.6K
$501.0K – $668.0K
NOI $40,082 @ 7.0% cap · market cap 5.94%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Electronics 29%
Truist
Shops & Services
3,072 visits/mo
0.3 miles
Regions Bank
Shops & Services
2,197 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
2,132 visits/mo
0.5 miles
Demographics for 34446, FL
18,431
Population
9,588
Households
1.9
Avg Household Size
62
Median Age
18%
College-Educated
89%
High-School Grad
29.8 sq mi
ZIP Area
618
Density / Sq Mi
$60,625
Median Household Income
$41,423
Median Earnings
$938
Median Rent
$231,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-building commercial property on Highway 19 with a fully equipped restaurant plus a leased cabinet shop.
Where is this conventional restaurant located?
The property is located at 4828-4824 S Suncoast Boulevard Homosassa, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,172 sq. ft. total commercial space on 0.92 acres with highway 19 frontage and central electric heating/central air; Two buildings: Building 1 is a 2,880 sq. ft. restaurant/sports bar/grill with full liquor service and 50 seating capacity; Building 1 includes solid surface counters and flooring of tile and laminate; roof is metal with stucco exterior and blacktop driveway
