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3066-3072 S Florida Avenue, Inverness, FL 34450
$185,000
3066-3072 S Florida Avenue, Inverness, FL 34450View this property at 3066-3072 S Florida Avenue, Inverness, FL 34450
3066-3072 S Florida AvenueInvernessFL34450
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Property Description
Located just outside the City Limits of Inverness, Florida, in Citrus County, this former drive-thru restaurant fronts US Highway 41 South (16,000 AADT) with 126 feet of frontage and offers street-to-street access to Southerly Avenue. Improvements include a 1,560 square foot CBS (concrete block and stucco) restaurant shell built in 1983, with 20 parking spaces, situated on 0.77 acres (126'x270') of prime GNC Commercial Zoned Property, allowing for a variety of commercial uses, including retail, office, restaurants, sit-down, and drive-thru, among others. This outstanding location is just a 3-minute drive south of the Historical Courthouse Square and Downtown area, Citrus Memorial Hospital, Citrus County High School, and elementary schools, Citrus County Courthouse, City Hall, Property Appraiser/Tax Collector offices, and the newly built Depot District and Liberty Park. This location provides access to a daily population of 60,000 during peak seasons. Centrally located, this site can be reached in just 6.7 miles from Floral City, 7 miles from Hernando, 10 miles from Lecanto, 12.5 miles from Beverly Hills, and only 18.1 miles from Crystal River. US Highway 41 is a federal highway and a prime logistics route that connects the Upper Peninsula of Michigan to Miami, Florida, and establishes a direct link between Citrus County and the nearest neighboring county of Hernando, just 17 miles away. Within a 15-minute drive from the subject property, you will find an ideal customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000, growing at a rate of 2.83% annually. Strong market consumer expenditure data reveals that 66% of the residents dine out at restaurants or steakhouses, and an impressive 89% visit fast-food restaurants regularly. Additionally, considering the median age of 58, this demographic presents an attractive target for businesses in the food industry. Situated in Citrus County, which is presently home to 153,600 residents, the area is projected to experience exponential growth, with an estimated 350,000 residents under Citrus County's Land Development Code by 2030. As part of the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (MSA), ranked as the 18th largest in the U.S., Citrus County stands out as one of the nation's premier real estate markets.
Full Property Details
Full Property Details for 3066-3072 S Florida Ave
General
- Sold For: $185,000
- Taxes: $2,920 (2023)
- Status: Closed
- Type: Retail
- MLS ID: OM671575
- Added to Site: 101 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: INVERNESS HIGHLANDS SOUTH
- Driving Directions: Heading South East from Downtown Inverness on US Highway 41 you will reach your destination in 1.6 Miles on the right side of the street.
- Direction Faces: South
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Central Air, None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete, Stucco
- Roof: Shingle
- Square Feet: 1,560
- Sq. Ft. Source: Public Records
- Living Area: 1,560 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,541
- Lot Size: 33541
- Lot Dimensions: 126 x 270
- Frontage: Highway
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,920.99
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Corporation
- Special Conditions: None
- Legal Description: INVERNESS HGLDS SOUTH PB 3 PG 51 LOTS 51 52 53 54 78 79 80 & 81 BLK 200
- Flood Zone Info: x
- APN: 20E19S210020020000510
- Property ID: 20E19S210020020000510
- Block/Lot/Section: 200
Listed by Century 21 J.W.Morton R.E.
Sold by Insight Realty Network
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Schools
Schools serving 3066-3072 S Florida Ave
Rating | Name | Grades | Distance |
---|---|---|---|
206 S Line Ave, Inverness, FL 34452 | PK-5 | 1.7 mi | |
630 Pleasant Grove Rd, Inverness, FL 34452 | PK-5 | 2.2 mi | |
8457 E Marvin St, Floral City, FL 34436 | PK-5 | 4.7 mi | |
1950 Highway 41 N, Inverness, FL 34450 | 6-8 | 2.5 mi | |
3800 W Educational Path, Lecanto, FL 34461 | 6-8 | 11 mi | |
150 W Citrus Springs Blvd, Citrus Spgs, FL 34434 | 6-8 | 12.8 mi | |
600 W Highland Blvd, Inverness, FL 34452 | 9-12 | 1.7 mi | |
Withlacoochee Technical Institute
1201 W Main St, Inverness, FL 34450 | 9-12 | 2.1 mi | |
3810 W Educational Path, Lecanto, FL 34461 | 9-12 | 11.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3066-3072 S Florida Ave
Date
Details
Price
Change
Source
3/14/2024
Sold
$185,000
-17.78%
MLS
2/01/2024
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3066-3072 S Florida Avenue, Inverness, FL 34450 (MLS# OM671575) is a Retail property that was sold at $185,000 on March 14, 2024. Want to learn more about 3066-3072 S Florida Avenue? Do you have questions about finding other Retail real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.