Homosassa, FL 34446,7699 S Suncoast BLVD
Homosassa, FL 34446,7699 S Suncoast BLVD
Homosassa, FL 34446,7699 S Suncoast BLVD
Homosassa, FL 34446,7699 S Suncoast BLVD
Homosassa, FL 34446,7699 S Suncoast BLVD
Homosassa, FL 34446,7699 S Suncoast BLVD
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Listed by Andrew "Andy" Ponticos • The Andrews Group Real Estate
Bought with Elias Kirallah • Century 21 J.W.Morton R.E.

$1,800,000

$2,150,000

16.3%
Est.Price: ?

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Est. payment /mo

8.92 Acres Lot


SOLD DATE : 12/30/2024

Key Details

Sold Price $1,800,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Not On List

MLS Listing ID 822766

Sold Date 12/30/24

HOA Y/N No

Year Built 2007

Annual Tax Amount $16,737

Tax Year 2022

Lot Size 8.920 Acres

Acres 8.92

Property Description

Sweetwater Plaza is a mix of popular restaurant, retail and office tenants. Triple Net Leased and fee simple ownership, it includes three buildings with approximately 12,000 air conditioned square feet and a shovel ready vacant out parcel with 1.79 acres surplus land valued at $275,000 and 5.2 acres of surplus buildable and conservation land valued at $125,000. The developed site including buildings 1,2 and 3 is on 2.13 acres. This sale includes approximately 9.12 acres in total. Two buildings contain 3,000 s.f. each and one building has approximately 6,000. Currently at 85% occupancy, 10,200 of the of the 12,000 sf is leased and 1,800 sf is available for lease.. Tenants are long term, healthy, and high income earners. Property in excellent condition. Tenants include Breakfast Station, Bay Dermatology, Going Postal, Southern Sun Title, and Dr. Sharma Vein Center. A sixth space of 1,800 s.f. just became available and is ready for occupancy. The value of the 3 buildings at 100% market rate occupancy plus the value of the shovel ready out parcel, conservation and buildable surplus 7 acres and adjusted value is much higher. Billboard on surplus site produces some additional income.

Location

State FL

County Citrus

Area 22

Zoning MDR

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank, Tile

Fireplace No

Exterior

Exterior Feature Blacktop Driveway, Paved Driveway

Parking Features Driveway, Paved, Parking Space(s)

Water Access Desc Public

Roof Type Metal

Present Use Medical/Dental,Mixed Use,Office

Building

Lot Description Acreage, Flat, Greenbelt

Story 1

Entry Level One

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Tax ID 3267405

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Financing Conventional

Special Listing Condition Standard

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Alice Ratliff

Agent | License ID: SL3602466

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