Headshot for Associate M. Catherine Farrell PA
  1. M. Catherine Farrell PA, AHWD,PA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.400.3287
  4. cat@catsellscitrusfl.com
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  • MLS#: 840903 ( Land )
  • Street Address: 2630 Gulf To Lake Highway
  • Viewed: 346
  • Price: $7,520,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 40
  • Acreage: 45.58 acres
  • Additional Information
  • County: CITRUS
  • City: Lecanto
  • Zipcode: 34461
  • Subdivision: Not On List
  • Elementary School: Lecanto Primary
  • Middle School: Lecanto Middle
  • High School: Lecanto High
  • Provided by: Century 21 J.W.Morton R.E.
  • REALTOR® Association of Citrus County
  • DMCA Notice
  • Description
    Located in the Central Ridge Growth District of Citrus County, Florida, within the Tampa/St. Petersburg MSA, this 45.5 acre property offers exceptional development potential. The site features over 1,315 feet of highway frontage along SR 44, with a traffic count exceeding 26,000 AADT per day. Public utilities are accessible within 500 feet, ensuring infrastructure readiness. Its strategic location, just 2.5 miles west of the expanding 589 Toll Roads North South interchange, benefits from a $165 million state funded expansion, reducing drive time from Tampa to Citrus County to under an hour. Zoned General Neighborhood Commercial (GNC), this property supports an extensive range of residential and commercial uses, making it a highly flexible investment. GNC zoning allows for one of the highest development intensities in Citrus County, with up to 70% lot coverage under the countys Land Development Code. Permitted commercial uses include medical offices, retail centers, government buildings, and light manufacturing. The site has even received prior approval for medical marijuana cultivation and processing, contingent on regulatory changes. On the residential side, it accommodates single family homes, multi family residences, condominiums, mobile homes, and tiny homes, allowing up to 10 units per acre with Planned Unit Development (PUD) approval. The propertys development potential is substantial. With PUD approval, it can support 360 attached condominium units, 144 single family residences, or 360 mobile home units. Commercial development opportunities include professional and medical office complexes, hospitals, government buildings, light manufacturing, warehousing terminals, and retail operations with a 70% Floor Area Ratio (FAR). Within a five mile radius, thousands of homes are under development by national and regional builders, along with new regional shopping districts.
Property Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Lecanto High
Insurance Expense
  1. 0.00
Legal Description
  1. SW1/4 SEC 3-19-18 LYING S OF SR 44 EXC THAT PT OF 1ST ADD TOLECANTO PB1 PG 42 & EXC VACATED HILL ST & EXC RD R/W ---AND--- N 330 FT OF NE1/4 OF NW1/4
Living Area
  1. 0.00
Lot Features
  1. Acreage
  2. Cleared
Middle School
  1. Lecanto Middle
Area Major
  1. 10
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 3464652
Pet Deposit
  1. 0.00
Possession
  1. Closing
Possible Use
  1. Commercial
  2. MultiFamily
  3. Recreational
Property Type
  1. Land
Road Frontage Type
  1. PrivateRoad
  2. StateRoad
School Elementary
  1. Lecanto Primary
Security Deposit
  1. 0.00
Sewer
  1. SepticTank
Tax Year
  1. 2019
The Range
  1. 0.00
Trash Expense
  1. 0.00
Views
  1. 346
Water Source
  1. Public
  2. Well
Zoning Code
  1. GNC