8787 S Suncoast Blvd Homosassa, FL 34446
Property Lookup
Property profile & analytics
8787 S Suncoast Blvd Homosassa, FL 34446
- Warehouses
- 6,000 SF
- 5.43 lot acres
Property ID
US18-4972584
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
- Homosassa Storage / Storage Facility
Property Details for 8787 S Suncoast Blvd
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 5.43 lot acres
- Property size
- 6,000 SF
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 17E-20S-24-0010-000D0-026.0
- APU
- 17E20S240010000D00260
Description
This exceptional self-storage facility in Homosassa, Florida, presents a compelling investment opportunity. The property boasts 50,700 square feet under roof, situated on 5.43 acres of land. Seven buildings comprise the facility: three constructed in 2000 and four built between 2018 and 2023. The property includes 486 units, a mix of 175 non-climate-controlled, 190 climate-controlled units, and 121 uncovered RV/boat parking spaces. Currently operating at 95% occupancy, this stabilized investment offers a 6.24% cap rate and is priced at $9,100,000. The property features a perimeter fence, gated entry, and an on-site sales office, enhancing security and convenience. The location benefits from easy access to several boat launches, aligning perfectly with the area's recreational focus. The property's strong performance and prime location in a desirable Florida market make it an attractive acquisition for investors seeking a high-performing asset with potential for future growth. The property's gross lease type and multi-tenancy structure contribute to its stable income stream. The asking price per square foot is $179.49. The property's address is 8787 S Suncoast Blvd, Homosassa, FL 34446, with APN 17E20S240010 000D0 0260. The property is a single-story structure.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $850,000
- 6.5%
- $785,000
- 7%
- $730,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $778,000
- AI Estimate
- $686,000
Market price range: $234k - $779kMarket price range: $215k - $687k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $545,000 Current use
- OFFICE BUILDING
- $1,235,000 Change: +126% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,005,000 Change: +84% Conversion: Difficult
- RETAIL STORES
- $835,000 Change: +53% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $750,000 Change: +37% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $575,000 Change: +5% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homosassa
- County
- Citrus
- State
- Florida
- Longitude
- -82.5518
- Latitude
- 28.7343
- 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
$34,410
$329,170
$1,952,450
$2,281,620
-
$329,170
$1,952,450
$2,281,620
