6410 S Suncoast BOULEVARD, Homosassa, FL, 34446 | $2,775,000

This 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 10’x10’ 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.

Features