Beverly Hills, FL 34465,4038 N Modelwood DR
Beverly Hills, FL 34465,4038 N Modelwood DR
Beverly Hills, FL 34465,4038 N Modelwood DR
Beverly Hills, FL 34465,4038 N Modelwood DR
Beverly Hills, FL 34465,4038 N Modelwood DR
Beverly Hills, FL 34465,4038 N Modelwood DR
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Listed by Elias G Kirallah • Century 21 J.W.Morton R.E.
$ 1,000,000
Est. payment | /mo

1.74 Acres Lot


Save
$ 1,000,000
Est. payment | /mo
Save

1.74 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not On List

MLS Listing ID 811657

HOA Y/N No

Annual Tax Amount $8,881

Tax Year 2021

Lot Size 1.740 Acres

Acres 1.74

Property Description

PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 -acre site is zoned for a variety of commercial uses, including, Gas Station/C-Store quick-service restaurants (QSR) with drive-thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive-thru. The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property. Adjacent to Lot 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA. Located just 15 minutes from a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, the property also enjoys proximity to growing populations in Floral City (7.8 miles), Lecanto (2 miles), Crystal River (10 miles), and Homosassa (15 miles).

Location

State FL

County Citrus

Area 14

Zoning GNC

Interior

Fireplace No

Exterior

Water Access Desc Public

Building

Lot Description Cleared, Flat

Sewer Public Sewer

Water Public

Others

Tax ID 3149380

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Learn More About LPT Realty

agent
Alice Ratliff

Agent | License ID: SL3602466

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4038 N Modelwood DR