Retail Space with Highway
For Sale
$527,000
4950 S SUNCOAST Boulevard, Homosassa, FL 34446
Commercial Sale, HOMOSASSA, FL
Property Size4,544 SF
Lot Size0.46 Acres
Price / SF$115.98
Days on Market73
Property Features for 4950 S SUNCOAST Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GNC
Subdivision
HOMOSASSA HEIGHTS
Lot features
Flood Zone
Directions
Suncoast Parkway to Homosassa- exit Grover Cleveland, north on HWY 19, property on the South side north on
Standard status
Active
APN
17E-19S-27-0020-000A0-0030
Size
4,544 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOMOSASSA HGTS PB 4 PG 121 LOT 3 BLK A DESC IN OR BK 937 PG 1242
Tax Annual Amount
3940
Legal Description
HOMOSASSA HGTS PB 4 PG 121 LOT 3 BLK A DESC IN OR BK 937 PG 1242
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating)
Water source
Well
Building Details
Year built
1983
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
PLANTATION REALTY, INC.
(352) 795-0784
Listed By:
Lisa VanDeBoe · License #313915
(352) 634-0129
Added: Aug 25
Changed: Nov 5
Last Checked: Nov 5 at 10:06PM
MLS# TB8542383
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.
This 4,544-square-foot retail property occupies a 0.46-acre parcel and was built in 1983. Block and concrete construction, concrete flooring, and four ductless mini-split systems serve the building. Recent work includes electrical and plumbing updates, fresh paint, and awnings. The site has well water and a septic system, with GNC zoning.
The property fronts S Suncoast Blvd, also identified as Hwy 19, with approximately 100 feet of highway frontage and a depth of about 200 feet. Withlacoochee State Forest borders the property.
The property fronts S Suncoast Blvd, also identified as Hwy 19, with approximately 100 feet of highway frontage and a depth of about 200 feet. Withlacoochee State Forest borders the property.
Key Highlights
- 4,544‑square‑foot retail property on 0.46 acres
- Approximately 100 feet of frontage and 200 feet of depth along Hwy 19/S Suncoast Blvd
- GNC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,656
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,120
$873.1K
Cap Rate 7%
$623,657
$623.7K
Cap Rate 9%
$485,067
$485.1K
Market Conditions
NOI Build-Up for 4,544 SF
Gross rent
$68.2K $15.00/SF
− Vacancy
−$5.8K −$1.28/SF
EGI
$62.4K $13.73/SF
− OpEx
−$18.7K −$4.12/SF
NOI
$43.7K $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%
$873,120
Cap Rate 7%
$623,657
Cap Rate 9%
$485,067
Alternative Uses
Best Use
Retail
$623.7K
$545.7K – $727.6K
NOI $43,656 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.02M
$893.4K – $1.19M
NOI $71,472 @ 7.0% cap · market cap 13.56%
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
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Truist
Shops & Services
3,072 visits/mo
0.4 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
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 - GNC-zoned commercial space sits along a major corridor, with a wooded state forest bordering the property.
Where is this retail space located?
The property is located at 4950 S SUNCOAST Boulevard Homosassa, FL.
What is the asking price?
The asking price for this property is $527,000.
What are key features of this property?
This property features: 4,544‑square‑foot retail property on 0.46 acres; Approximately 100 feet of frontage and 200 feet of depth along Hwy 19/S Suncoast Blvd; GNC zoning
