0 Citrus County Citrus Springs, FL 34434
This exceptional 3,250,000 USD land offering in Citrus County, Florida, presents a unique investment opportunity. Approved for the development of 241 RV sites, this property boasts a prime location with convenient access to waterfront restaurants and retail establishments. The site plan has preliminary approval, and the property benefits from readily available water and sewer services provided by Citrus County. Situated just 25 minutes from the Gulf of Mexico, this location offers unparalleled recreational opportunities and strong tourism appeal. Furthermore, the property presents significant potential for expansion, with the possibility of developing up to 488 affordable housing units under the Live Local Act. This development opportunity is situated within a thriving economic region characterized by a diverse mix of industries, including tourism, agriculture, healthcare, and manufacturing. Citrus County's strategic location and proximity to major transportation networks ensure seamless connectivity, fostering a robust and resilient local economy. The combination of approved RV sites, potential for affordable housing, and the attractive location makes this a compelling investment prospect in a rapidly growing area of Florida. The property is located in Citrus Springs, Florida, zip code 34434.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.