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3450 S Suncoast Blvd - 2 Acre Hotel/Retail Dev Site on US-19 2 Acres of Commercial Land Offered at $1,500,000 in Homosassa, FL 34448
INVESTMENT HIGHLIGHTS
- 400 ft of frontage right along US-19
- Located in center of Homosassa commercial town center
- Strong traffic - 20,000 AAD
- 2.0 acre site recently rezoned to GNC
- Strong consistent income via existing motel on site
- Located in front of 180+ unit Class A RV Park Redevelopment
EXECUTIVE SUMMARY
This site is perfect for a commercial hotel or retail development, featuring excellent traffic and exposure on US-19, located right next to the Homosassa commercial town center (walking distance). The site already has water, sewer, and electricity tie-ins via the existing motel.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 2.00 AC |
| Price Per AC | $750,000.00 |
| Price | $1,500,000 |
| Price Per AC | $750,000.00 |
| Lot Size | 2.00 AC |
Beautiful 2.0-acre site perfect for a retail or hotel redevelopment right on US-19! This site has over 400 feet of frontage on US-19. Currently, a successful 11-unit motel sits on the land, bringing in strong, consistent income.
DESCRIPTION
Beautiful 2.0-acre site perfect for a retail or hotel redevelopment right on US-19! This site has over 400 feet of frontage on US-19. Currently, a successful 11-unit motel sits on the land, bringing in strong, consistent income thanks to its strong management. This site is located infront of a mobile home park that is soon to be redeveloped into a 180+ unit high-income, Class A RV park. This site is perfect for a commercial hotel or retail development, featuring excellent traffic and exposure on US-19, located right next to the Homosassa commercial town center (walking distance). The site already has water, sewer, and electricity tie-ins via the existing motel.
Presented by
Bika Developmental Services LLC
3450 S Suncoast Blvd - 2 Acre Hotel/Retail Dev Site on US-19
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