Homosassa - Beach Property For Sale #4472326

One or more photo(s) has been virtually staged. This Prime Development Opportunity presents a 3.42 acres of GNC Zoned commercial property with over 250' of frontage on US Hwy 19 (23,000 AADT) spanning a newly expanded six lane highway connecting Citrus and Hernando County and the north-south connecter Highway connecting the Gulf of Mexico with Lake Erie in the Northeastern United States. This property serves as a versatile canvas with its attractive GNC Commercial Zoning th 479' and 200' road frontage on S Centennial Avenue. Under the current Citrus County LDC the primary zoning designated GNC-General Neighborhood Commercial (Maximum Lot Coverage 70%) allows for a range of permitted uses including Professional/Medical Office, Shopping Centers, Self Storage including the suggested highest and best use of Multi Family allowing up to 10 units per acre, 3 storey building limit potentially allowing for 34 apartment units (All residential development shall be required to preserve at least 20% for permanent open space). Located just north 1/4 of a mile form the Walmart Supercenter and the controlled intersection of US 19 and W Cardinal Drive which is also the location of one the Interchange to the newly expanded 589 Toll Road a $ 135 million investment by the State of Florida and currently being further expanded throughout the Citrus County along with federally funded infrastructure development of public utility for the future expected growth in Citrus County. Citrus County is currently home to 153,600 residents and will have exponential growth with an estimated 350,000 residents under Citrus County's Land Development Code and is expected to have 30,000 new residents by 2030.