For Sale For Rent
Advertise
bedrooms Pending
bedrooms
bedrooms
3
bathrooms
bathrooms
2
square feet
square feet
1,440
acreage
Acreage
2.09
open houses
Open Houses
-
year built
year built
1972
full baths
Full Baths
2
half baths
Half Baths
0
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.
Location
Subdivision Green Acres
County Citrus
Elementary School Lecanto Primary
Middle School Lecanto Middle
High School Lecanto High
open houses Open houses
None scheduled.
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MLS number: 836340
Listing agent: Betti Silverman
Listing broker: Lot & Block Realty, Inc. (352) 484-1326
Copyright © 2025 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 1:47 a.m. EST
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