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Canal-Front Waterfront Land
New
For Sale
$400,000

5181 S Magnolia Avenue, Homosassa, FL 34448

Land, Homosassa, FL

Property SizeContact for details
Lot Size1.81 Acres
Days on Market4

Property Features for 5181 S Magnolia Avenue

General Information

Property type Land
Property subtype Other
Zoning CLR
Subdivision Homosassa Cos Sub
Lot features Flat, Multiple Lots, Trees, Wooded
Elementary school Homosassa Elementary
Middle school Crystal River Middle
High school Crystal River High
Directions W on Halls River, Left on Fishbowl Dr, Left on Yulee Dr, Right on Magnolia. (W Marker Path will give you a more open view of the water and property).
Standard status Active
APN 2695854
Lot size 1.81 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOWN OF HOMOSASSA PB 1 PG 6 LOTS 7 8 9 10 11 & 12 BLK 60 & PT OF VAC FAYETTE ST N OF DRAINAGE DITCH LESS 100 FT RR R/W
Tax Annual Amount 100
Legal Description TOWN OF HOMOSASSA PB 1 PG 6 LOTS 7 8 9 10 11 & 12 BLK 60 & PT OF VAC FAYETTE ST N OF DRAINAGE DITCH LESS 100 FT RR R/W

Utilities

Sewer type Septic Needed
Water source Public
Water front features River Access, Waterfront
Water front 1
Listing Agency: Century 21 J.W.Morton R.E. · Century 21 Real Estate
Listed By: Mark Allgood · License #3363634
Added: Oct 4 Last Checked: Oct 7 at 6:06PM
MLS# 857828

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 1.81-acre waterfront parcel comprises six connected lots along a canal with access to the Homosassa River. The property is zoned CLR and has public water listed as a water source; septic is needed.

Key Highlights

  • 1.81 acres across six connected lots
  • Waterfront setting on a canal with access to the Homosassa River
  • Zoned CLR

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 34448, FL

10,889
Population
6,437
Households
1.7
Avg Household Size
59
Median Age
18%
College-Educated
86%
High-School Grad
72.3 sq mi
ZIP Area
151
Density / Sq Mi
$47,526
Median Household Income
$23,452
Median Earnings
$941
Median Rent
$166,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Six connected lots offer direct canal access near the Homosassa River.
Where is this waterfront land located?
The property is located at 5181 S Magnolia Avenue Homosassa, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1.81 acres across six connected lots; Waterfront setting on a canal with access to the Homosassa River; Zoned CLR
More about this property
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