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Mixed-Use Property with Event Venue
For Sale
$3,900,000

8123 S Lecanto Highway, Lecanto, FL 34461

SINGLE_FAMILY - Lecanto, FL

Property SizeContact for details
Lot Size37.33 Acres
Days on Market868

Property Features for 8123 S Lecanto Highway

General Information

Property type Residential
Property subtype Retail
Zoning AGRM,GNC
Parking features Driveway
Vegetation Crops
Interior features Fireplace, HighCeilings, InLawFloorplan, StoneCounters, UpdatedKitchen, FrenchDoorsAtriumDoors, SlidingGlassDoors
Exterior features Landscaping, RainGutters, CircularDriveway, ConcreteDriveway, PavedDriveway
Fireplace 1
Subdivision Not on List
Lot features Acreage, Trees
Directions If traveling south on Hwy 491/S Lecanto Hwy, it will be located on the left hand side. Gated drive, do NOT enter without agent present.
Standard status Active
APN 3520661
Lot size 37.33 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description (MSP-97-15 OR BK 1219 PG 1391-1392) PCL 34000: COM AT THE SW COR OF SW1/4 OF SEC 18-20-19 TH N 89 DEG 43M 20S E AL THE S LN OF SW1/4 OF SD
Tax Annual Amount 17716
Legal Description (MSP-97-15 OR BK 1219 PG 1391-1392) PCL 34000: COM AT THE SW COR OF SW1/4 OF SEC 18-20-19 TH N 89 DEG 43M 20S E AL THE S LN OF SW1/4 OF SD

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Well

Amenities

Detached Garage/Workshop
Contractor Trailer
Storage Rig
Pole Barn

Building Details

Year built 2007
Floors in Building 1
Flooring type Carpet, Tile, Concrete
Building materials AluminumSiding, Stucco
Roof type Metal
Additional Structures Barn(s)
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Laura Bush PA · License #3373760
Added: Mar 27, 2024 Changed: Aug 11 Last Checked: Aug 11 at 9:06PM
MLS# 832441

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 mixed-use property spans 37.33 acres and includes three primary buildings: an 8,603-square-foot commercial restaurant with partial equipment, a 9,586-square-foot event venue, and a 9,312-square-foot primary residence. Additional improvements include a 2,000-square-foot detached garage and workshop, along with a contractor trailer, storage rig, and pole barn. The buildings feature central heating and cooling, metal roofing, concrete and tile flooring, updated kitchen elements, high ceilings, and multiple gathering and living spaces.

The property has 1,268 feet of frontage along Hwy 491, with two sides adjoining State Forest land. It is located less than 5 miles from the Suncoast Parkway. A former blueberry operation occupied more than 20 acres and included 64 rows, with irrigation supplied by a diesel well system. The well pump is powered by a 3406 Cat engine and moves 2,300 gallons per minute through a 12-inch well pump. Water is provided by a well and wastewater service by septic tank.

Key Highlights

  • 37.33‑acre mixed‑use property with multiple buildings and varied improvements
  • 8,603‑square‑foot commercial restaurant with partial equipment
  • 9,586‑square‑foot event venue and 9,312‑square‑foot primary residence

Property Analytics

Current Use

Cavallo Farm & Market Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Wine and Liquor 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 34461, FL

11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-building property combines a restaurant, event venue, residence, workshop, and agricultural land in one cohesive holding.
Where is this mixed-use property located?
The property is located at 8123 S Lecanto Highway Lecanto, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 37.33‑acre mixed‑use property with multiple buildings and varied improvements; 8,603‑square‑foot commercial restaurant with partial equipment; 9,586‑square‑foot event venue and 9,312‑square‑foot primary residence
More about this property
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