4038 N Modelwood Dr Beverly Hills, FL 34465
Property profile & analytics
4038 N Modelwood Dr Beverly Hills, FL 34465
- Commercial land
- 1.74 lot acres
Property ID
US18-1834167
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 4038 N Modelwood Dr
- Lot size
- 1.74 lot acres
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Commercial land
- APN
- 18E-18S-11-0120-003.0
- APU
- 18E18S1101200030
Description
This exceptional 4.6-acre parcel, comprised of two adjacent lots (APN 18E18S110120 0030 & 18E18S110120 0020), presents a rare opportunity in Beverly Hills, Florida's thriving Golden Gate Center. Located at a signalized intersection on N Modelwood Dr, this pad-ready site boasts 604 feet of frontage and is zoned GNC/PSO, allowing for diverse commercial and industrial uses, including gas stations, quick-service restaurants with drive-thrus, automotive services, retail, and medical offices. The property benefits from excellent visibility and convenient access to major roadways, including proximity to the Suncoast Parkway (6.5 miles) and US-19, placing it within a 1-hour, 15-minute commute to Tampa. The immediate area features established retailers like Winn-Dixie, Dunkin', Dollar Tree, Walmart, Publix, and various QSR brands, ensuring a strong customer base. City water and sewer are readily available, and offsite retention is accessible for maximum lot utilization. Shared signage opportunities further enhance visibility. This location is strategically positioned within Citrus County's growth corridor, a region experiencing significant population expansion, projected to reach 350,000 residents by 2030. The area's average household income is $65,000, and the property is conveniently located near several growing communities, including Lecanto, Crystal River, and Homosassa. The site is cleared and ready for immediate development, making it an ideal investment for national developers seeking a prime location in a rapidly expanding market. The asking price for this combined parcel is $1,355,900.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Beverly Hills
- County
- Citrus
- State
- Florida
- Longitude
- -82.4668
- Latitude
- 28.922
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,743
$646,950
$0.00
$646,950
-
$646,950
$0.00
$646,950
