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Positioned directly on US Hwy 19/98 in the heart of Homosassa, this 1. 43± acre GNC commercial parcel offers 270± feet of prime highway frontage with exceptional visibility and direct exposure to 21, 500 vehicles per day. Located within the Tampa–St. Petersburg–Clearwater MSA, the 18th largest MSA in the United States, the site sits in the center of Citrus County’s most established and rapidly expanding retail corridor.
The property allows for a broad range of commercial uses including restaurant (drive-thru or sit-down), gas station/C-store, neighborhood shopping center, medical/professional office, and general retail or service-based concepts. The combination of zoning flexibility, frontage depth, and traffic volume makes it ideally suited for national QSR operators, fuel brands, medical users, and service-based retailers seeking dominant visibility in a high-growth market.
Surrounding national and regional retailers include Publix, Tractor Supply, RaceTrac, 7-Eleven, Walgreens, AutoZone, McDonald's, and Wendy's, providing established co-tenancy synergy and consistent daily consumer traffic. The corridor is further strengthened by year-round tourism and outdoor recreation, driven by proximity to Ellie Schiller Homosassa Springs Wildlife State Park and the Homosassa River, both of which attract anglers, eco-tourism visitors, and seasonal residents.
Citrus County is one of the fastest-growing counties in Florida, with a current population of approximately 153, 600 residents projected to exceed 350, 000 by 2030 per County growth planning estimates. The region continues its transition into a major residential, healthcare, and service hub within the Tampa Bay sphere of influence.
Significant infrastructure investment continues to accelerate long-term growth. The $135 million expansion of the Suncoast Parkway and the planned northern Phase 3 extension—just north of the subject property—will provide direct one-hour access to Tampa International Airport and major employment centers, dramatically increasing regional connectivity, tourism flow, and commercial demand.
Within a 15-minute trade area, the property serves approximately 46, 361 residents with stable demographics (average age 58; median household income approximately $65, 000). The combination of sustained population growth, expanding infrastructure, and strong retail clustering positions this site as a high-visibility, future-proof commercial investment opportunity.
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.585% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,135 | $7,249 |
| Total Monthly Payment | $5,053 | $5,260 | $7,374 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.