Improved Mixed-Use Land for Sale in Homosassa, Florida

6711 S Eastern Ave Homosassa, FL 34446

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$445,000
2.09 acres
pending saleUnder contract

Discover an exceptional investment opportunity with this expansive 2.09-acre property, featuring dual income-generating units. The property includes a 3/2 mobile home, and a 1/1 house with a bonus room, providing immediate cash flow minimal operating cost. Strategically positioned within the Economic Development Target Area (EDTA) of the Cardinal Interchange Management zone, this property boasts impressive frontage with 304 feet on W Cardinal Street on a corner lot. The land is high and dry, cleared, with city water, two septic systems, a well and complete fencing. Its prime location offers easy access to the Suncoast Parkway, a 55-mile expressway connecting Tampa's Veterans Expressway to SR 44 in Citrus County. This area is poised for significant growth, with the EDTA focusing on job creation, light industrial activities, manufacturing, restaurants, and transportation-related land uses. An upcoming sewer installation further enhances the property's long-term value and appeal. Additionally, new commercial constructions and a brand-new subdivision of homes are planned nearby, indicating future value appreciation. Act swiftly to secure this prime real estate opportunity before it experiences a surge in both price and value. This is your chance to invest in a property positioned for substantial returns in a rapidly developing area.

1,440
Sq feet
3
Beds
2
Full baths
1972
Built

Directions

on the corner of Cardinal and Eastern

Property details

Coordinates
28.7644, -82.5072
Community
Green Acres
Zoning
RURMH
Elevation
62 feet
MLS Number
RACC 836340
Date Posted

Legal description

Parcels

  • 1159474

Property taxes

2023
$1,445

This 2.09-acre property is located at 6711 S Eastern Ave in Homosassa, FL 34446 with latitude 28.7644 and longitude -82.5072. The property is currently pending sale for $445,000. It has a 1,440 sq ft 3 bedroom, 2 bath house built in 1972. Listing data is sourced from Realtors Association of Citrus County # 836340.

Verify sale details at the property source or contact Lot & Block Realty at (352) 484-1326.

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Copyright (C) 2024 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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