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4,260 SF Multi-Tenant Retail 4065 S Suncoast Blvd 4,260 SF Retail Building Homosassa, FL 34446 $750,000 ($176.06/SF)



EXECUTIVE SUMMARY
This three-unit, income-producing neighborhood retail center totals 4,260 square feet (2,400 SF + 930 SF + 930 SF) on 0.29 acres of prime GNC-zoned commercial land along US Highway 19, the dominant commercial corridor of Homosassa. Offering 185 feet of direct highway frontage, exposure to ±27,000 vehicles per day, and 18 dedicated parking spaces, the property delivers the visibility, convenience, and accessibility tenants and customers demand. A clean right-in/right-out access point off South Suncoast Blvd ensures smooth traffic flow, while its location just south of the signalized Grover Cleveland Blvd / Halls River Road intersection positions it within the most commercially active node of the market. The center is currently occupied by two tenants with one vacancy, giving investors the upside of securing market-rate rents or allowing an owner-user to offset occupancy costs with rental income while potentially qualifying for SBA-style financing.
The surrounding trade area is anchored by a strong mix of national retailers and QSR operators—including Publix, Walmart, Winn-Dixie, Tractor Supply, McDonald’s, Wendy’s, Taco Bell, Burger King, and several thriving local businesses. This established commercial ecosystem draws consistent daily traffic and supports operators serving both the rising full-time population and the area’s robust tourism sector. As a result, tenant demand and retail performance remain reliably strong along this corridor.
Demographics further reinforce the property’s strength. Within a 15-minute radius, the asset serves 46,000+ residentswith a median household income of $65,000 and a median age of 58—a consumer base that outspends national averages in dining, healthcare, convenience retail, and service-based expenditures. Notably, 66% of area residents dine at restaurants/steakhouses and 89% frequent fast-food/QSR establishments. Annual healthcare-related spending exceeds $106 million, driving ongoing demand from medical, wellness, and professional service tenants.
Homosassa itself is one of Florida’s most visited eco-tourism destinations—home to the Homosassa Springs Wildlife State Park, the Homosassa River, and the wider Chassahowitzka Springs Coast. These attractions bring year-round activity from boaters, scallopers, anglers, kayakers, and manatee tour visitors. The steady blend of tourism and full-time residents creates a resilient customer base that supports a diverse hospitality and retail economy.
Regionally, the property benefits from its central position within the fast-growing Citrus County market, drawing from Crystal River, Lecanto, Beverly Hills, and Inverness. With immediate access to the Suncoast Parkway, the site lies just 55 miles from Tampa International Airport and directly connects to the Tampa–St. Petersburg–Clearwater MSA—now the 18th largest metro area in the United States. Citrus County’s population, currently 153,600, is projected to expand toward 350,000 under future development capacity scenarios, cementing this corridor as one of Florida’s most dynamic and opportunity-rich growth markets. This asset combines premium frontage, strong traffic counts, zoning flexibility, demographic strength, tenant demand, and long-term regional growth—positioning it as a standout retail investment opportunity in one of Florida’s fastest-advancing Gulf Coast corridors.
Property Highlights
-4,260 SF multi-tenant strip center (3 units)
-0.29 acres / approx. 12,593 SF parcel area
-GNC zoning — wide allowable uses including retail, office, service commercial, medical, and light restaurant
-US-19 frontage: ±150 feet
-AADT: ±27,000 vehicles/day
-Right-in / right-out access on major corridor
-Surrounded by national retailers and established commercial uses
-Nearby parks & eco-tourism hubs driving year-round traffic
-Recent improvements include roofing, HVAC replacements, mechanical upgrades, and exterior repairs (per county permits)
-Strong visibility and signage potential
Logistic Details:
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county south-to-north road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest, and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39.
-County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.
Suncoast Parkway:
The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.
The surrounding trade area is anchored by a strong mix of national retailers and QSR operators—including Publix, Walmart, Winn-Dixie, Tractor Supply, McDonald’s, Wendy’s, Taco Bell, Burger King, and several thriving local businesses. This established commercial ecosystem draws consistent daily traffic and supports operators serving both the rising full-time population and the area’s robust tourism sector. As a result, tenant demand and retail performance remain reliably strong along this corridor.
Demographics further reinforce the property’s strength. Within a 15-minute radius, the asset serves 46,000+ residentswith a median household income of $65,000 and a median age of 58—a consumer base that outspends national averages in dining, healthcare, convenience retail, and service-based expenditures. Notably, 66% of area residents dine at restaurants/steakhouses and 89% frequent fast-food/QSR establishments. Annual healthcare-related spending exceeds $106 million, driving ongoing demand from medical, wellness, and professional service tenants.
Homosassa itself is one of Florida’s most visited eco-tourism destinations—home to the Homosassa Springs Wildlife State Park, the Homosassa River, and the wider Chassahowitzka Springs Coast. These attractions bring year-round activity from boaters, scallopers, anglers, kayakers, and manatee tour visitors. The steady blend of tourism and full-time residents creates a resilient customer base that supports a diverse hospitality and retail economy.
Regionally, the property benefits from its central position within the fast-growing Citrus County market, drawing from Crystal River, Lecanto, Beverly Hills, and Inverness. With immediate access to the Suncoast Parkway, the site lies just 55 miles from Tampa International Airport and directly connects to the Tampa–St. Petersburg–Clearwater MSA—now the 18th largest metro area in the United States. Citrus County’s population, currently 153,600, is projected to expand toward 350,000 under future development capacity scenarios, cementing this corridor as one of Florida’s most dynamic and opportunity-rich growth markets. This asset combines premium frontage, strong traffic counts, zoning flexibility, demographic strength, tenant demand, and long-term regional growth—positioning it as a standout retail investment opportunity in one of Florida’s fastest-advancing Gulf Coast corridors.
Property Highlights
-4,260 SF multi-tenant strip center (3 units)
-0.29 acres / approx. 12,593 SF parcel area
-GNC zoning — wide allowable uses including retail, office, service commercial, medical, and light restaurant
-US-19 frontage: ±150 feet
-AADT: ±27,000 vehicles/day
-Right-in / right-out access on major corridor
-Surrounded by national retailers and established commercial uses
-Nearby parks & eco-tourism hubs driving year-round traffic
-Recent improvements include roofing, HVAC replacements, mechanical upgrades, and exterior repairs (per county permits)
-Strong visibility and signage potential
Logistic Details:
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.
-County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.
-County Road 491 is Lecanto Highway, a bi-county south-to-north road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest, and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39.
-County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.
-U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.
Suncoast Parkway:
The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.
DATA ROOM Click Here to Access
- Offering Memorandum
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,260 SF
Building Class
C
Year Built
1954
Price
$750,000
Price Per SF
$176.06
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
GNC - General commercial Retail, Entertainment, Office or other approved use.
Parking
16 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Storage Space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17E-19S-27-0000-41124 | Improvements Assessment | $164,820 (2024) |
| Land Assessment | $73,100 (2024) | Total Assessment | $237,920 (2024) |
PROPERTY TAXES
Parcel Number
17E-19S-27-0000-41124
Land Assessment
$73,100 (2024)
Improvements Assessment
$164,820 (2024)
Total Assessment
$237,920 (2024)
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4,260 SF Multi-Tenant Retail | 4065 S Suncoast Blvd
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