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$1,225,000
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Property Description
Versatile Mixed-Use Property with Income Potential | 16297 Cortez Blvd A rare opportunity to own a multi-use property on 2.75 fully fenced acres with direct frontage on Highway 50-just 1.5 miles from the Suncoast Parkway (SR 589). This unique site offers a combination of residential, commercial, and industrial assets, ideal for owner-users, investors, or businesses seeking expansion. Investment Highlights: Two-Unit Office/Residential Building Dual C-2 zoning allows both commercial and residential use Recently replaced roof and brand-new HVAC system Two-Story Warehouse Approx. 6,993 SF (seller) with solid block construction Includes built-out office space and a 12' bay door for deliveries New roof and versatile floorplan 2.75 Acres of Usable Land Fully fenced with ample space for vehicle or equipment storage Includes a 70x70 cell tower plot with potential for long-term rental income or resale to tower investment firms Additional Features: Sturdy block construction across all buildings for durability and low maintenance Zoned for commercial, industrial, residential, or mixed-use applications Ideal for a car lot, contractor's yard, trucking operation, or live/work setup Minutes from major thoroughfares with excellent visibility and access This property combines flexibility, modern upgrades, and multiple income streams-an exceptional opportunity for savvy investors or growing businesses.
Full Property Details
Full Property Details for 16299 Cortez Blvd
General
- Price: $1,225,000
- Taxes: $8,080 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8358991
- Updated: 1/6/2026
- Added to Site: 316 day(s) ago
Rental Information
- Complex Features: High Bays, Outside Storage
Location
- Area: 34601 - Brooksville
- County: Hernando
- Development Name: 34601 - Brooksville
- Subdivision: HIGHLAND ACRES
- Driving Directions: Head west on E Jefferson St (US-98 N) toward N Main St. Continue on US-98 N for approximately 1.5 miles. Turn right onto Ponce De Leon Blvd (US-98 N). Proceed north on US-98 N for about 0.5 miles. Turn left onto Cortez Blvd (FL-50 W). Continue on FL-50 W for approximately 1 mile. Arrive at 16297 Cortez Blvd, Brooksville, FL 34601. The destination will be on your right.
- Direction Faces: South
Community
- Community Name: 34601 - Brooksville
- Management Type: On Site Property Manager
- Mgmt. Company: On Site Property Manager
Heating & Cooling
- Cooling Type: A/C - Office Only, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: BB/HS Internet Capable, Electricity Available
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Ceiling Height: 10 to 15 Feet
- Door Dimensions: 12'
- Stories/Levels: Multi/Split
- Square Feet: 3,259
- Sq. Ft. Source: Public Records
- Year Built: 1989
Additional Structures
- Other Structures: Garage(s), Maintenance, Storage, Workshop
Lot Features
- Lot Size (Acres): 2.75
- Lot Size (Sq. Ft.): 120,000
- Lot Size: 2.7548
- Lot Dimensions: 200 x 600
- Frontage: State Road
- Street/Road Desc.: Asphalt, Dirt
Financial Considerations
- Tax Amount: $8,080
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: HIGHLAND ACRES UNIT 1 BLK C LOT 27 Lot 27, Block C, Highland Acres - Unit No. 1, according to the map or plat thereof as recorded in Plat Book 6, Page 7, Public Records of Hernando County, Florida.
- Flood Zone Info: AE
- APN: R25 222 18 2450 00C0 0270
- Property ID: R25 222 18 2450 00C0 0270
- Block/Lot/Section: C
Listed by The Outlier Group
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Schools
Schools serving 16299 Cortez Blvd
School District:Hernando County School District
| Name | Grades | Distance |
|---|---|---|
Pine Grove Elementary School, Brooksville, FL 14411 Ken Austin Parkway, Brooksville, FL 34613 | PK-5 | 2.3 mi |
Hernando High School 700 Bell Avenue, Brooksville, FL 34601 | 9-12 | 4.9 mi |
West Hernando Middle School 14325 Ken Austin Pkwy, Brooksville, FL 34613 | 6-8 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16299 Cortez Blvd
Date
Details
Price
Change
Source
6/02/2025
Price Reduced
$1,225,000
-17.73%
MLS
4/25/2025
Price Reduced
$1,488,950
-0.43%
MLS
3/28/2025
Price Increased
$1,495,400
0.03%
MLS
3/07/2025
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16299 Cortez Blvd
16299 Cortez Boulevard, Brooksville, FL 34601 (MLS# TB8358991) is a Commercial property. 16299 Cortez Boulevard is currently listed for $1,225,000 and was received on March 07, 2025. Want to learn more about 16299 Cortez Boulevard? Do you have questions about finding other Commercial real estate for sale in Brooksville? You can browse all Brooksville real estate or contact a Coldwell Banker agent to request more information.

