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    534 Suncoast Blvd Homosassa, FL 34448

    Sponsored
    For Sale
    $2,500,000

    46 Acres, Prime Homosassa Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 46.25-acre commercial land parcel presents a remarkable investment opportunity in Homosassa, Florida. Strategically located at the intersection of US Highway 19 and Ozello Trail, this property boasts significant road frontage: approximately 1,640 feet on US Highway 19 and 1,220 feet on West Ozello Trail. The site is ideally positioned between Homosassa and Crystal River, offering convenient access to shopping, dining, and abundant outdoor recreational activities, including boating, fishing, and scalloping in nearby Crystal River. The property's zoning is diverse, encompassing Citrus County Zoning – Low Density Residential (LDR) and General Commercial District (GNC) classifications, allowing for mixed-use development potential. This presents a unique chance to capitalize on the area's thriving tourism and residential growth. The property's proximity to Crystal River's renowned springs further enhances its appeal. The asking price is $2,500,000, translating to $54,054 per acre. Parcel numbers are 17E19S03 34000 and 17E19S03 34200. This is a prime location for developers seeking to create a vibrant residential and/or commercial project. The property's size and zoning flexibility offer considerable development potential, making it an attractive investment for those seeking a high-return opportunity in a desirable Florida location. The property is designated for investment purposes.

    Property Features for 534 Suncoast Blvd

    General Information

    Property type
    Land
    Lot Size
    2,014,650 SF

    HighLights

    • Residential and commercial development potential.
    • 1,640± feet of highway frontage on US Hwy 19.
    • 1,220± feet of road frontage on W Ozello Trail.
    • Nearby springs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homosassa
    County
    Citrus
    State
    Florida
    Longitude
    -82.5818369
    Latitude
    28.854492

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    FAQs

    What type of property is this?
    Land - 46 Acres, Prime Homosassa Location
    Where is this land located?
    The property is located at 534 Suncoast Blvd Homosassa, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Residential and commercial development potential.; 1,640± feet of highway frontage on US Hwy 19.; 1,220± feet of road frontage on W Ozello Trail.
    Request Owner's contact information
    534 Suncoast Blvd Homosassa, FL 34448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    534 Suncoast Blvd Homosassa, FL 34448
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