6410 Suncoast Boulevard, HOMOSASSA, FL 34446
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Priced at Only: $2,775,000
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Address: 6410 Suncoast Boulevard, HOMOSASSA, FL 34446
Property Location and Similar Properties
- MLS#: OM693403 ( Commercial )
- Street Address: 6410 Suncoast Boulevard
- Viewed: 214
- Price: $2,775,000
- Price sqft: $115
- Waterfront: No
- Year Built: 1986
- Bldg sqft: 24188
- Days On Market: 71
- Additional Information
- Geolocation: 28.769 / -82.5545
- County: CITRUS
- City: HOMOSASSA
- Zipcode: 34446
- Provided by: CENTURY 21 J.W.MORTON R.E.
- Contact: Elias Kirallah
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DescriptionThis income producing 13 unit mixed use business plaza in Citrus County, Florida, part of the Tampa St. Petersburg MSA, offers a prime investment opportunity. Situated on 1.35 acres of General Commercial zoned land, the 24,168 SF property consists of four freestanding CBS buildings with 100+ feet of highway frontage along US Hwy 19/S Suncoast Blvd (17,988 AADT). Built in 1980 and upgraded in 2020, improvements include a partial rebuild of three retail showrooms, a full interior remodel of owner occupied units, and new roofs across all buildings. The plaza features 13 existing units with potential for 16 total, including three owner occupied units and 10 service/shop bays at 77% occupancy. Units range from 1,500 to 3,000 SF, each equipped with 10x10 roll up doors, access to single and three phase power, and 15 foot free span ceilings. Below market rents and month to month leases provide immediate value add potential through strategic rent adjustments and lease stabilization. Strategically positioned along the recently expanded eight lane US Hwy 19, the property benefits from proximity to the $135M Suncoast Parkway expansion, ensuring quick access to Tampa International Airport and metro areas within an hour. Nearby national retailers, including Walmart Supercenter, drive strong commercial demand. The plaza serves a growing population of 46,361 residents within a 15 minute radius, with a median household income of $65,000 and an average age of 58, supporting a diverse tenant base. This versatile commercial asset offers stable income, strong growth potential, and excellent positioning in a high demand market, making it an attractive acquisition for investors seeking long term appreciation and enhanced cash flow.
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- Tropic Shores Realty
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