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Property profile & analytics
FOR SALE
Retail space

10460 W New York St Homosassa, FL 34448

1,432 SF 0.18 ac lot Built 2015
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4390076
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,432 SF
Lot 0.18 ac (7,971 SF)
Zoning code CLC COASTAL LAKES COMMERC
APN 17E-19S-32-0010-01020-001.C
UPID US18-4390076
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jr's Smashburgers Restaurant
  • Snorkel with the Manatees, LLC Tour Operator (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Neil T Barzano · 19 yrs held
Neil T Barzano
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
CLC COASTAL LAKES COMMERC · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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