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2872 S Suncoast Boulevard

HOMOSASSA, FL 34448
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SqFt2,144,458

Sqft(Lot)

Acres49.23

Acres(Lot)

Positioned along busy US Hwy 19/98 in Homosassa, this 49.23± acre development opportunity offers over 1,800 feet of highway frontage and exposure to approximately 21,500 vehicles per day, delivering exceptional visibility and access within one of Citrus County’s most active commercial corridors. The property features a flexible mixed-zoning configuration suited for phased development and long-term value creation. Approximately 8.72± acres are zoned General Neighborhood Commercial (GNC), permitting a wide range of uses including retail, medical and professional office, automotive sales and service, restaurants, and service-oriented businesses, with multifamily development possible at up to 10 units per acre through a Planned Unit Development (PUD) and utility connections meeting Land Develo pment Code requirements. The remaining 40.51± acres are zoned LDR (Low Density Residential), allowing a base density of two dwelling units per acre with the potential to increase density up to six units per acre through a PUD. Permitted residential configurations include single-family, duplex, and attached housing, while conditional uses may include assisted living facilities, nursing homes, and certain recreational uses subject to approval. Based on available GIS mapping and environmental data, the parcel is generally characterized as approximately 4.93 acres of GNC commercial uplands, 3.84 acres of GNC wetlands, 34.74 acres of LDR uplands, and 5.77 acres of LDR wetlands. Using the upland residential acreage of 34.74 acres, the site could support an estimated 69 dwelling units at the base density of two units per acre, approximately 139 units at a realistic planning yield of four units per acre, or up to 208 units at the maximum six units per acre with PUD approval and compliance with infrastructure and utility requirements. The 4.93 acres of commercial uplands provide capacity for approximately 43,000 to 64,000 square feet of neighborhood retail, medical, or service-oriented commercial development, depending on site design and coverage ratios. If wetland areas are mitigated and deemed developable, additional density may be achievable; however, all density figures are planning estimates only and subject to formal wetland delineation, engineering analysis, mitigation requirements, and jurisdictional approvals. The site is located within an established retail node supported by national grocers, retailers, quick-service restaurants, fuel stations, and service providers that create consistent consumer draw and sustained commercial demand. Regional connectivity is enhanced by direct access to US Hwy 19/98 and proximity to the expanded Suncoast Parkway (SR 589), a $135 million state infrastructure investment that improves regional mobility and places the property within approximately 55 minutes of Tampa International Airport.

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Detail Ic Property Details

Property Type : Land

Price : $1,208,100

AD Id : 75351700

MLS Id : MFROM718460

Lot Size : 49.23 Acres(Lot)

Living Area Size : 2,144,458

County : Citrus

Subdivision: Stonewood Unrec

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 1860x1770 Lot Description: Level, Oversized Lot, Private Lot Square Feet: 2144458 Lot Acres: 49.23 Lot Size (SqMt): 199227

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$1500000

  • Tax Information

    Tax Block: 32300 Tax Book Number: 3 Tax Lot: 4 Tax Legal Description: SE1/4 OF SW1/4 15-19-17 LYING W OF US HWY NO 19 - LESS AND EXCEPT HWY 19 R/W ---&--- PT OF S1/2 OF NE1/4 OF SW1/4 15-19-17 W OF HWY 19 R/W -- TITLE IN OR BK 2650 PG 72 Annual Tax: $1335.01 Tax Year: 2025 Parcel Number: 17E-19S-15-0000-32300

  • Utility Information

    Electricity Available, Public, Sewer Connected, Water Available Sewer: Septic Tank Water Source: Public
  • Location Information

    Subdivision: STONEWOOD UNREC City: HOMOSASSA Direction: From downtown Homosassa, head North for 1.2 Miles and you should reach your destination on the left side of the street.
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ByOwner last updated this listing 07/22/2026 @ 18:20

MLS: MFRMLS #OM718460 LISTED BY: Elias Kirallah, CENTURY 21 J.W.MORTON R.E. 352-726-6668 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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