6711 S Eastern Avenue

Homosassa, FL 34446

Discover an exceptional investment opportunity with this expansive 2.09-acre property, featuring dual income-generating units. The property includes a 3/2 mobile home, and a 1/1 house with a bonus room, providing immediate cash flow minimal operating cost. Strategically positioned within the Economic Development Target Area (EDTA) of the Cardinal Interchange Management zone, this property boasts impressive frontage with 304 feet on W Cardinal Street on a corner lot. The land is high and dry, cleared, with city water, two septic systems, a well and complete fencing. Its prime location offers easy access to the Suncoast Parkway, a 55-mile expressway connecting Tampa's Veterans Expressway to SR 44 in Citrus County. This area is poised for significant growth, with the EDTA focusing on job creation, light industrial activities, manufacturing, restaurants, and transportation-related land uses. An upcoming sewer installation further enhances the property's long-term value and appeal. Additionally, new commercial constructions and a brand-new subdivision of homes are planned nearby, indicating future value appreciation. Act swiftly to secure this prime real estate opportunity before it experiences a surge in both price and value. This is your chance to invest in a property positioned for substantial returns in a rapidly developing area.

Listing courtesy of Betti Silverman of Lot & Block Realty, Inc.



Listing information is provided by Participants of the REALTORS Association of Citrus County MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, REALTORS Association of Citrus County MLS.
Data last updated at: 2024-10-30 12:00 AM UTC