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$1,650,000
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Property Description
Income-producing Restaurant, Bar, and Package Store opportunity in one of Florida's fastest-growing coastal counties. This high-volume, fully operational hospitality business includes both the real estate and business, offering immediate cash flow, established brand recognition, and multiple revenue streams supported by a 4COP license, full kitchen, bar service, package sales, and live entertainment. On average over 1.5M in annual sales with strong historical performance, loyal clientele, and systems in place for a seamless transition to new ownership. The free-standing facility is positioned in a prime high-visibility location within minutes of the public boat ramp and in the center of a golf-cart-friendly waterfront community that generates consistent local traffic along with year-round tourism. The property features indoor dining, full bar, outdoor patio, bandstand, package pick-up window, ample parking, and a fully equipped commercial kitchen, allowing for continued operation without interruption. All inventory, recipes, vendor relationships, and operational procedures are included in the sale, making this a true turn-key acquisition. Recent capital improvements include updated kitchen equipment, POS system, new cooling units, flooring, roof work, bar upgrades, and additional A/C systems, with a fully staffed team currently in place. A hands-on owner-operator or investor can further increase revenue through expanded hours, events, catering, delivery service, or concept enhancements. Citrus County continues to experience significant residential and tourism growth along Florida's Nature Coast, creating strong demand for established dining and nightlife venues with waterfront proximity. The combination of real estate ownership, liquor licensing, and an established customer base makes this a rare opportunity to acquire a stabilized asset with long-term upside potential. In addition to its strong financial performance, this property is one of the area's most recognizable local landmarks, with over 90 years of history and a loyal following of locals, boaters, and visitors. Known for its relaxed waterfront atmosphere, live music, and community-driven environment, guests arrive by car, foot, golf cart, or bike to enjoy a setting that has become a staple of the Citrus County lifestyle. Opportunities to acquire a property with this level of history, visibility, and built-in customer base are limited.
Full Property Details
Full Property Details for 10465 W Yulee Dr
General
- Sold For: $1,650,000
- Taxes: $5,889 (2025)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: OM725041
- Added to Site: 139 day(s) ago
Interior
- Flooring: Concrete, Tile
Location
- Area: 34448 - Homosassa
- County: Citrus
- Development Name: 34448 - Homosassa
- Subdivision: HOMOSASSA TOWN
- Driving Directions: From U.S. Highway 19 (Suncoast Boulevard), turn west onto West Yulee Drive. Continue approximately 2.5 miles into Old Homosassa. Property is located on the right at 10465 W. Yulee Drive.
Community
- Community Name: 34448 - Homosassa
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Siding
- Ceiling Height: 10 to 15 Feet
- Square Feet: 2,953
- Sq. Ft. Source: Public Records
- Living Area: 2,953 Sq. Ft.
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,079
- Lot Size: 35079
- Frontage: County Road
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water Access: Yes
- Water Access Desc: Canal - Brackish, Gulf/Ocean, River
Financial Considerations
- Tax Amount: $5,889.16
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TOWN OF HOMOSASSA PB 1 PG 6 (LR-03-01 ACCEPTED 5/7/03 SURVEY IN OR BK 1650 PG 1869-1886) PARCEL B: COM AT THE SW COR OF LOT 3 BLK 102 TH N 89D 35M 44S E AL THE S LN OF SD LOT 3 & ITS EXTENSION A DIST OF 96.42 FT TO THE POB TH S 89D 35M 44S W AL SD S LN A DIST OF 96.42 FT TH S 89D 40M 37S W A DIST OF 5 FT TH N 0D 09M 35S W 45 FT TH N 77D 02M 07S E 71.27 FT TH N 23D 36M 13S W 39.71 FT TH N 22D 52M E 230.86 FT TH S 70D 26M E 114.06 FT TO A PT ON THE W LN OF W YULEE DR AS SHOWN ON CC PRESCRIPTIVE RO AD MAP RECORDED IN PB 1 PG 43 TH S 17D 58M 23S W AL SD W LN OF W YULEE DR A DIST OF 95.19 FT TH CON
- Flood Zone Info: AE
- APN: 17E19S32001001020001B
- Property ID: 17E19S32001001020001B
- Block/Lot/Section: 102
Listed and Sold by Trotter Realty
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Schools
Schools serving 10465 W Yulee Dr
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Homosassa Elementary School 10935 West Yulee Drive, Homosassa, FL 34448 | PK-5 | 0.5 mi |
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 8.6 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 16.4 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 8.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10465 W Yulee Dr
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,650,000
-25%
MLS
5/20/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10465 W Yulee Drive, Homosassa, FL 34448 (MLS# OM725041) is a Commercial property that was sold at $1,650,000 on September 04, 2026. Want to learn more about 10465 W Yulee Drive? Do you have questions about finding other Commercial real estate for sale in Homosassa? You can browse all Homosassa real estate or contact a Coldwell Banker agent to request more information.

