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$1,000,000
1049 Days On Site

4038 N Modelwood Drive
Beverly Hills, FL 34465

For Sale|Unimproved Land|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
Not on List
County:
Citrus
4038 N Modelwood Drive4038 N Modelwood Drive4038 N Modelwood Drive4038 N Modelwood Drive
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PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 -acre site is zoned for a variety of commercial uses, including, Gas Station/C-Store quick-service restaurants (QSR) with drive-thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive-thru. The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property. Adjacent to Lot 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA. Located just 15 minutes from a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, the property also enjoys proximity to growing populations in Floral City (7.8 miles), Lecanto (2 miles), Crystal River (10 miles), and Homosassa (15 miles).

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Listing Snapshot
Price 
$1,000,000
Days On Site 
1049 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.74 Acres
Year Built 
N/A
MLS® Number 
811657
Status 
Active
Property Tax 
$8,881
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoStatus changed to Active
4 days agoListing updated with changes from the MLS®
4 months agoPrice changed to $1,000,000
3 years agoListing first seen on site
General Features
Acres 
1.74
Additional Property Use 
CommercialIndustrialMulti-Family
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
GNC
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Exterior Features
Lot Features 
ClearedLevel
Community Features
Financing Terms Available 
CashConventional
MLS Area 
14
Roads 
Paved
Listing courtesy of Elias G Kirallah of Century 21 J.W.Morton R.E.



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 2025, REALTORS Association of Citrus County MLS.
Last checked: 2025-03-11 11:12 AM UTC

Neighborhood & Commute
Source: Walkscore
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