Mixed-Use Land for Sale in Homosassa, Florida
7699 S Suncoast Blvd Homosassa, FL 34446
Sweetwater Plaza is a mix of popular restaurant, retail and office tenants. Triple Net Leased and fee simple ownership, it includes three buildings with approximately 12,000 air conditioned square feet and a shovel ready vacant out parcel with 1.79 acres surplus land valued at $275,000 and 5.2 acres of surplus buildable and conservation land valued at $125,000. The developed site including buildings 1,2 and 3 is on 2.13 acres. This sale includes approximately 9.12 acres in total. Two buildings contain 3,000 s.f. each and one building has approximately 6,000. Currently at 85% occupancy, 10,200 of the of the 12,000 sf is leased and 1,800 sf is available for lease.. Tenants are long term, healthy, and high income earners. Property in excellent condition. Tenants include Breakfast Station, Bay Dermatology, Going Postal, Southern Sun Title, and Dr. Sharma Vein Center. A sixth space of 1,800 s.f. just became available and is ready for occupancy. The value of the 3 buildings at 100% market rate occupancy plus the value of the shovel ready out parcel, conservation and buildable surplus 7 acres and adjusted value is much higher. Billboard on surplus site produces some additional income.
Directions
Highway 19 approximately 1/2 mile north of Sugarmill Woods
Property details
- County
- Citrus County
- Zoning
- MDR
- Elevation
- 7 feet
- MLS Number
- RACC 822766
- Date Posted
Legal description
(MSP-04-15 ACCEPTED 1/5/05 SURVEY IN OR BK 1804 PG 1907) PARCELS 1, 2 & 3 DESCR AS FOL: PARCEL 1: COM AT THE SE COR OF N1/2 OF SEC 13-20-17, TH N 0D 01M 15S W AL THE E LN OF SD SEC13, 810.05 FT, TH N 0D 03M 38S W 680 FT TO THE POB, TH LEAVING SD E LN OF SEC 13, S 89D 21M 39S W 488.49 FT TO A PT ONTHE E R/W LN OF US HWY 19, TH AL SD E R/W LN, N 0D 01M 48S W463.53 FT, TH N 89D 11M 29S E 488.26 FT TO A PT ON THE AFORESD E LN OF SEC 13, TH S 0D 03M 38S E 464.96 FT TO THE POB (5.20AC MOL) --&-- PARCE L 2: COM AT THE SE COR OF N1/2 OF SEC13-20-17, TH N 0D 01M 15S W AL THE E LN OF SD SEC 13, 810.05 FT, TH N 0D 03M 38S W 520 FT TO THE POB, TH LEAVING SD E LN OF SEC 13, S 89D 21M 39S W 488.57 FT TO A PT ON THE E R/WLN OF US HWY 19, TH AL SD E R/W LN
Parcels
- 3267405
Property taxes
- 2022
- $16,737
Detailed attributes
Listing
- Type
- Commercial
Structure
- Stories
- 1
- Materials
- Concrete, Stucco
- Roof
- Metal
- Cooling
- Central A/C
- Heating
- Central Furnace, Electric
Interior
- Floors
- Carpet, Tile
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 17, 2023 | Price increase | $2,150,000 | $151,000 7.6% | RACC |
Oct 7, 2023 | Price drop | $1,999,000 | $400,999 -16.7% | RACC |
Aug 15, 2023 | Price drop | $2,399,999 | $350,001 -12.7% | RACC |
Apr 6, 2023 | New listing | $2,750,000 | — | RACC |