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    10460 New York St Homosassa, FL 34448

    For Sale
    $600,000

    Prime location, owner financing, vacant, high ROI.

    Property size:
    1,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use commercial property, located at 10460 W New York St in Homosassa, Florida, presents a unique investment opportunity. The 1,432 square foot building, constructed in 2015, sits on a 0.18-acre lot and is zoned CLC, offering diverse business possibilities. Currently vacant, this property boasts a convenient store subtype and features a fully renovated upstairs apartment currently used as a vacation rental with bookings extending to March 2025. The building is handicap accessible, equipped with a ramp, rails, and an accessible bathroom. The upstairs apartment includes a full kitchen and bathroom. The asking price is $600,000, translating to $418.99 per square foot. Situated in the heart of Homosassa, a thriving golf cart community renowned for its world-class fishing and tourism, this property offers significant potential for growth. Importantly, owner financing is available, making this an attractive proposition for investors. The property has never experienced flooding, adding to its desirability. This is a rare chance to acquire a prime commercial space in a desirable Florida location.

    Property Features for 10460 New York St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,432 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    2015

    HighLights

    • 1,432 SF mixed‑use building on a 0.18‑acre lot in Homosassa, FL.
    • Built in 2015, zoned CLC, currently vacant.
    • Features a fully renovated upstairs apartment (vacation rental booked through March 2025).
    • Handicap accessible with ramp, rails, and accessible bathroom.
    • Asking price: $600,000 ($419/SF); owner financing available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jr's Smashburgers Restaurant Snorkel with the Manatees, ... Tour Operator

    Suggested Use

    Realty agency Restaurant Clothing Store Auto Repair Shop Wholesale Shop Kitchen & Bath Hotel & Motel Department Store Bar & Pub Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Homosassa
    County
    Citrus
    State
    Florida
    Longitude
    -82.6072504
    Latitude
    28.7852533

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, owner financing, vacant, high ROI.
    Where is this individual retail property located?
    The property is located at 10460 New York St Homosassa, FL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 1,432 SF mixed-use building on a 0.18-acre lot in Homosassa, FL.; Built in 2015, zoned CLC, currently vacant.; Features a fully renovated upstairs apartment (vacation rental booked through March 2025).
    Request Owner's contact information
    10460 New York St Homosassa, FL 34448
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    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
    10460 New York St Homosassa, FL 34448
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