Mixed-Use Development Land
For Sale
$887,375
6725 S Rainbow Point, Homosassa, FL 34446
Land, Homosassa, FL
Property SizeContact for details
Lot Size19.30 Acres
Days on Market193
Property Features for 6725 S Rainbow Point
General Information
Property type
Land
Property subtype
Other
Zoning
RURMH
Subdivision
Not on List
Lot features
Acreage, Corner Lot, Flat, Trees
Elementary school
Lecanto Primary
Middle school
Lecanto Middle
High school
Lecanto High
Directions
From the intersection of S Suncoast Blvd and W Cardinal St in Homosassa, head East on West Cardinal St for 0.6 Miles and you should reach your destination on the left side of the street.
Standard status
Active
APN
1520819
Lot size
19.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROVAN FARMS UNREC SUB TRACTS H1 H2 H3 & H4 S1/2 OF SE1/4 OF NE1/4 OF NE1/4 SEC 10-20-18 EXCEPT W 31.50FT THREOF RD R/W EXCEPT S 33FT THREOF CR R/W TRACT H-1 N1/2 OF SE1/4 OF NE1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W TRACT H-2 S1/2 OF NE1/4 OF NE 1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W TRACT H-3 N1/2 OF NE1/4 OF NE1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W EASE TRACT H-4 DESC IN OR BK 389 PG 667 OR BK 635 PGS 836-839 & OR BK 830 PG 1808 & OR BK 1051 PG 1278(TRUSTEES OF LINDA'S TRUST) 1 990 LESS OUT: O R BK 830 PG 1803(PT ADDED TO 70000) OR BK 2350 PG 1484
Tax Annual Amount
4503
Legal Description
ROVAN FARMS UNREC SUB TRACTS H1 H2 H3 & H4 S1/2 OF SE1/4 OF NE1/4 OF NE1/4 SEC 10-20-18 EXCEPT W 31.50FT THREOF RD R/W EXCEPT S 33FT THREOF CR R/W TRACT H-1 N1/2 OF SE1/4 OF NE1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W TRACT H-2 S1/2 OF NE1/4 OF NE 1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W TRACT H-3 N1/2 OF NE1/4 OF NE1/4 OF NE1/4 EXCEPT W 31.50FT THEREOF RD R/W EASE TRACT H-4 DESC IN OR BK 389 PG 667 OR BK 635 PGS 836-839 & OR BK 830 PG 1808 & OR BK 1051 PG 1278(TRUSTEES OF LINDA'S TRUST) 1 990 LESS OUT: O R BK 830 PG 1803(PT ADDED TO 70000) OR BK 2350 PG 1484
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Century 21 J.W.Morton R.E. · Century 21 Real Estate
(352) 726-6668
Listed By:
Elias Kirallah · License #3123414
(352) 400-2635
Added: Feb 13
Changed: Aug 19
Last Checked: Aug 25 at 9:06AM
MLS# 852252
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 19.3+/- acre development tract is positioned within the Cardinal Mixed-Use Interchange Management Area (IMA), just east of the recently expanded Suncoast Parkway (SR 589) interchange in Citrus County, Florida. The site is designated for mixed-use development, with residential densities ranging from 6 to 20 dwelling units per acre subject to Master Planned Development (MPD) approval.
Approximately 18+/- acres fall within the mixed-use designation, supporting a theoretical development yield of roughly 119 units at 6 dwelling units per acre up to about 386 units at 20 dwelling units per acre. The tract is supported by nearby infrastructure, including a jurisdictional pressure sewer system located approximately 2,000 feet from the property boundary and a 12-inch water main available for direct connection.
The property’s interchange-level access and utility proximity are intended to support MPD-level development planning within an area that continues to be supported by public infrastructure investment for residential and commercial expansion.
Approximately 18+/- acres fall within the mixed-use designation, supporting a theoretical development yield of roughly 119 units at 6 dwelling units per acre up to about 386 units at 20 dwelling units per acre. The tract is supported by nearby infrastructure, including a jurisdictional pressure sewer system located approximately 2,000 feet from the property boundary and a 12-inch water main available for direct connection.
The property’s interchange-level access and utility proximity are intended to support MPD-level development planning within an area that continues to be supported by public infrastructure investment for residential and commercial expansion.
Key Highlights
- Strategically located with direct access to the Suncoast Parkway (SR 589).
- High‑density development potential: 6 to 20 dwelling units per acre.
- Proximity to essential infrastructure.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 19.3+/- acre tract in a mixed-use development area allowing 6 to 20 dwelling units per acre with MPD approval.
Where is this commercial land located?
The property is located at 6725 S Rainbow Point Homosassa, FL.
What is the asking price?
The asking price for this property is $887,375.
What are key features of this property?
This property features: Strategically located with direct access to the Suncoast Parkway (SR 589).; High‑density development potential: 6 to 20 dwelling units per acre.; Proximity to essential infrastructure.
