10460 New York St Homosassa, FL 34448
- Retail space
- 1,432 SF
- 0.18 lot acres
Current Use by Public Records
- Jr's Smashburgers / Restaurant
- Snorkel with the Manatees, LLC / Tour Operator / Boat Tour Agency
Property Details for 10460 New York St
- Year built
- 2015
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 1,432 SF
- Zone code
- CLC COASTAL LAKES COMMERC
- Property type
- Retail space
- APN
- 17E-19S-32-0010-01020-001.C
- APU
- 17E19S32001001020001C
Description
This exceptional 1,432 square foot mixed-use commercial property, situated on a 0.18-acre lot at 10460 W New York Street in Homosassa, Florida, presents a unique investment opportunity. The building boasts convenient handicap accessibility features including a ramp and rails, along with a recently renovated, accessible bathroom. Currently, the upstairs living quarters operate as a successful vacation rental, fully booked through March 2025, demonstrating strong rental income potential. This established rental stream provides immediate return on investment. The property is located in a thriving golf cart community renowned for its world-class fishing and tourism, ensuring a consistent flow of potential customers. Importantly, this property has never experienced flooding, offering peace of mind to the buyer. Zoned CLC, the property offers a multitude of business possibilities, making it ideal for both established businesses seeking expansion and entrepreneurs looking for a prime location to launch their ventures. The downstairs commercial space is ready for immediate occupancy, while the upstairs offers a turnkey vacation rental operation. Owner financing is available, making this an attractive proposition for those seeking flexible payment options. Don't miss this chance to acquire a prime piece of Homosassa real estate with significant income potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $270,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $310,000
- Mixed-Use
- $265,000
- Hospitality
- $230,000
- Educational
- $240,000
- Residential Income
- $300,000
- Energy
- $280,000
- Income-Based Land
- $280,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Homosassa
- County
- Citrus
- State
- Florida
- Longitude
- -82.6072
- Latitude
- 28.7853
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
