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3228 & 3164 W Laurel Street Lecanto, FL 34461

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MLS# 850121
Prime 2.74± acre commercial corner located in the heart of the rapidly growing Central Ridge District of Citrus County. This cleared, development-ready site offers exceptional visibility with 270’ of frontage on CR 491 (Lecanto Hwy – 17,800 AADT) and additional frontage on W Laurel St, just two blocks from the signalized SR 44 intersection (25,500 AADT). Full median access allows unrestricted ingress and egress for north- and southbound traffic. Zoned GNC/LDR, the property supports a wide range of uses including retail, medical office, restaurant with drive-thru, automotive, hotel, multifamily (up to 10 units/acre with PUD), and more.

Surrounded by major national retailers such as Target, Walmart, ALDI, McDonald’s, Panera, Texas Roadhouse, Starbucks, and Panda Express, this corridor is the epicenter of Lecanto’s commercial expansion. Directly across the street, DR Horton is developing 957 new homes and more than 30 acres of planned commercial space. Additional large-scale residential developments—including Metro Development’s 4,933-unit master-planned community and Citrus Hills’ Davos Reserve—are driving strong demand for retail, services, and medical facilities.

Located just one mile from the Suncoast Parkway (589) and 55 miles from Tampa International Airport, the property is positioned for long-term growth within the Tampa–St. Petersburg MSA. Excellent demographics with more than 66,000 residents within 15 minutes. Ideal for developers seeking a high-visibility, high-growth location suitable for a variety of commercial or mixed-use concepts.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$867,664 (USD)
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11570 W Garnet Court Crystal River, FL 34428

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MLS# 850305
Presenting an exceptionally well-positioned 8.13-acre commercial development site situated along one of Crystal River’s most strategic and rapidly evolving corridors. Predominantly zoned PSO (Professional Service/Office), this property features over 455 feet of high-visibility frontage on US Hwy 19 / S Suncoast Blvd (15,200 AADT)—a major north–south artery serving both local residents and regional traffic. The site offers full north- and south-bound ingress and egress through an existing deceleration lane and open median, providing seamless access and ideal positioning for high-intensity commercial development.

Located within Crystal River’s fast-emerging medical corridor, the property directly benefits from Tampa General Hospital’s transformational 53-acre healthcare campus expansion, currently underway just minutes from the site. This major investment introduces a new 120-bed hospital tower, a 120,000-square-foot medical office building, and expanded specialty and outpatient services. The expansion is projected to significantly increase employment, healthcare demand, and regional traffic—effectively establishing this section of US 19 as the next major healthcare hub of the Tampa MSA. The surrounding corridor is already attracting operators seeking proximity to TGH, making this an ideal site for QSR with Drive-Thru, Gas Station, Bank, Hotel, Medical Office, Outpatient Facilities, Senior Living, and Multi-Family residential concepts. Its flexible zoning and strong demographic profile provide a nearly unmatched development canvas.

Just south of Crystal River’s Historic Downtown, the site is surrounded by a growing mix of local boutiques, restaurants, entertainment venues, and service-oriented businesses. The city is undergoing a surge of redevelopment, highlighted by the transformation of the former Crystal River Mall into a 400-unit residential community with integrated mixed-use retail, bringing a substantial increase in new residents and commercial activity. Additionally, the property directly abuts the rear boundary of the 85-acre Hidden Lake RV Resort, now under construction and planned to include 580 RV sites, creating immediate demand for convenience retail, hospitality, dining, medical services, and everyday goods.

Citrus County’s growth trajectory is among the strongest in the state. With a current population of 153,600 residents projected to exceed 350,000 by 2030 per the County’s Land Development Code, the region is rapidly transitioning into a major population and service center. Its inclusion in the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the United States, further enhances its long-term strength and desirability for business expansion, new housing supply, and healthcare delivery.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$867,664 (USD)
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Crystal River Area Land

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11570 W Garnet Court Crystal River, FL 34428

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MLS# OM714316
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Presenting an exceptionally well-positioned 8.13-acre commercial development site situated along one of Crystal River’s most strategic and rapidly evolving corridors. Predominantly zoned PSO (Professional Service/Office), this property features over 455 feet of high-visibility frontage on US Hwy 19 / S Suncoast Blvd (15,200 AADT)—a major north–south artery serving both local residents and regional traffic. The site offers full north- and south-bound ingress and egress through an existing deceleration lane and open median, providing seamless access and ideal positioning for high-intensity commercial development. Located within Crystal River’s fast-emerging medical corridor, the property directly benefits from Tampa General Hospital’s transformational 53-acre healthcare campus expansion, currently underway just minutes from the site. This major investment introduces a new 120-bed hospital tower, a 120,000-square-foot medical office building, and expanded specialty and outpatient services. The expansion is projected to significantly increase employment, healthcare demand, and regional traffic—effectively establishing this section of US 19 as the next major healthcare hub of the Tampa MSA. The surrounding corridor is already attracting operators seeking proximity to TGH, making this an ideal site for QSR with Drive-Thru, Gas Station, Bank, Hotel, Medical Office, Outpatient Facilities, Senior Living, and Multi-Family residential concepts. Its flexible zoning and strong demographic profile provide a nearly unmatched development canvas. Just south of Crystal River’s Historic Downtown, the site is surrounded by a growing mix of local boutiques, restaurants, entertainment venues, and service-oriented businesses. The city is undergoing a surge of redevelopment, highlighted by the transformation of the former Crystal River Mall into a 400-unit residential community with integrated mixed-use retail, bringing a substantial increase in new residents and commercial activity. Additionally, the property directly abuts the rear boundary of the 85-acre Hidden Lake RV Resort, now under construction and planned to include 580 RV sites, creating immediate demand for convenience retail, hospitality, dining, medical services, and everyday goods. Citrus County’s growth trajectory is among the strongest in the state. With a current population of 153,600 residents projected to exceed 350,000 by 2030 per the County’s Land Development Code, the region is rapidly transitioning into a major population and service center. Its inclusion in the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the United States, further enhances its long-term strength and desirability for business expansion, new housing supply, and healthcare delivery.
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$764,750 (USD)
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2767 W Norvell Bryant Highway Lecanto, FL 34461

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MLS# 844538
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This highly strategic 2.43-acre assemblage presents a rare multi-parcel development opportunity at the northeast corner of E Norvell Bryant Hwy (CR 486) and Crooked Branch Drive, directly across from Citrus County’s most active commercial expansion zone. Offering over 352 feet of prime frontage along CR 486, the site boasts dual road exposure and wraps the intersection with full median-cut access, ensuring seamless ingress and egress along one of the county’s most visible corridors. E Norvell Bryant Hwy supports an Annual Average Daily Traffic (AADT) of approximately 22,000 vehicles, making it one of the highest-trafficked arteries in the region—ideal for high-exposure commercial, medical, or mixed-use development.

The property features gently rolling terrain with elevations ranging from 76 to 103 feet and well-drained Arredondo fine sand soils, with average slopes of 7–16%. Situated entirely within Flood Zone X, it poses no floodplain development restrictions and offers favorable drainage conditions, reducing site preparation costs and simplifying the grading process.

County water is available at the frontage, while sewer service is accessible nearby within the utility district, subject to standard connection and assessment approvals. The dual-corner configuration, combined with clean topography, allows for exceptional design flexibility—accommodating multiple building pads, ample parking, and efficient circulation patterns. Located just two parcels east of the signalized intersection of CR 486 and CR 491, the site is surrounded by top-tier national retailers, including Walmart, Target, ALDI, Panera Bread, and Texas Roadhouse—positioning it at the heart of Citrus County’s most dynamic medical and retail corridor.

Located in the heart of Citrus County’s Central Ridge, this property serves 66,000+ residents within 5 miles, with a median age of 60 and household income exceeding $65,000.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$764,750 (USD)
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2767 W Norvell Bryant Highway Lecanto, FL 34461

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MLS# OM701300
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This highly strategic 2.43-acre assemblage presents a rare multi-parcel development opportunity at the northeast corner of E Norvell Bryant Hwy (CR 486) and Crooked Branch Drive, directly across from Citrus County’s most active commercial expansion zone. Offering over 352 feet of prime frontage along CR 486, the site boasts dual road exposure and wraps the intersection with full median-cut access, ensuring seamless ingress and egress along one of the county’s most visible corridors. E Norvell Bryant Hwy supports an Annual Average Daily Traffic (AADT) of approximately 22,000 vehicles, making it one of the highest-trafficked arteries in the region—ideal for high-exposure commercial, medical, or mixed-use development. The property features gently rolling terrain with elevations ranging from 76 to 103 feet and well-drained Arredondo fine sand soils, with average slopes of 7–16%. Situated entirely within Flood Zone X, it poses no floodplain development restrictions and offers favorable drainage conditions, reducing site preparation costs and simplifying the grading process. County water is available at the frontage, while sewer service is accessible nearby within the utility district, subject to standard connection and assessment approvals. The dual-corner configuration, combined with clean topography, allows for exceptional design flexibility—accommodating multiple building pads, ample parking, and efficient circulation patterns. Located just two parcels east of the signalized intersection of CR 486 and CR 491, the site is surrounded by top-tier national retailers, including Walmart, Target, ALDI, Panera Bread, and Texas Roadhouse—positioning it at the heart of Citrus County’s most dynamic medical and retail corridor. Located in the heart of Citrus County’s Central Ridge, this property serves 66,000+ residents within 5 miles, with a median age of 60 and household income exceeding $65,000.
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$675,000 (USD)
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3409 S Suncoast Boulevard Homosassa, FL 34448

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MLS# 829442
This prime development opportunity, located in Downtown Homosassa, Citrus County, presents a 2.20-acre site zoned as General Neighborhood Commercial. It fronts the bustling 6-laned S Suncoast Blvd (28,000 AADT) with excellent visibility and exposure, boasting 310 feet of frontage and exposure. The property allows full ingress and egress, with access north on US Hwy 19.

This prime acreage, zoned as General Neighborhood Commercial, falls under a high-intensity land-use district allowing for a 70% FAR in a wide variety of uses. These include, but are not limited to, Medical/Professional Office, Restaurants, QSR Drive-Thru, Automotive, Shopping Centers/Retail, Hotel/Motel, Convenience Stores, Gas Stations, and Pharmacies. The location is central, surrounded by national retailers.

Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property-related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$552,150 (USD)
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11621 W Garnet Court Crystal River, FL 34428

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MLS# 850304
Presenting an exceptionally well-positioned 10.36 acres commercial development site situated along one of Crystal River’s most strategic and rapidly evolving corridors. Predominantly zoned PSO (Professional Service/Office), this property features over 820 feet of high-visibility frontage on US Hwy 19 / S Suncoast Blvd (15,200 AADT)—a major north–south artery serving both local residents and regional traffic. The site offers full north- and south-bound ingress and egress through an existing deceleration lane and open median and the connective drive with the adjoining parcel which is also for sale at 8.18 acre and will provide said access, providing seamless access and ideal positioning for high-intensity commercial development.

Located within Crystal River’s fast-emerging medical corridor, the property directly benefits from Tampa General Hospital’s transformational 53-acre healthcare campus expansion, currently underway just minutes from the site. This major investment introduces a new 120-bed hospital tower, a 120,000-square-foot medical office building, and expanded specialty and outpatient services. The expansion is projected to significantly increase employment, healthcare demand, and regional traffic—effectively establishing this section of US 19 as the next major healthcare hub of the Tampa MSA. The surrounding corridor is already attracting operators seeking proximity to TGH, making this an ideal site for QSR with Drive-Thru, Gas Station, Bank, Hotel, Medical Office, Outpatient Facilities, Senior Living, and Multi-Family residential concepts. Its flexible zoning and strong demographic profile provide a nearly unmatched development canvas.

Just south of Crystal River’s Historic Downtown, the site is surrounded by a growing mix of local boutiques, restaurants, entertainment venues, and service-oriented businesses. The city is undergoing a surge of redevelopment, highlighted by the transformation of the former Crystal River Mall into a 400-unit residential community with integrated mixed-use retail, bringing a substantial increase in new residents and commercial activity. Additionally, the property directly abuts the rear boundary of the 85-acre Hidden Lake RV Resort, now under construction and planned to include 580 RV sites, creating immediate demand for convenience retail, hospitality, dining, medical services, and everyday goods.

Citrus County’s growth trajectory is among the strongest in the state. With a current population of 153,600 residents projected to exceed 350,000 by 2030 per the County’s Land Development Code, the region is rapidly transitioning into a major population and service center. Its inclusion in the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the United States, further enhances its long-term strength and desirability for business expansion, new housing supply, and healthcare delivery.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$552,150 (USD)
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Crystal River Area Land

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11621 W Garnet Court Crystal River, FL 34428

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MLS# OM714313
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Presenting an exceptionally well-positioned 10.36 acres commercial development site situated along one of Crystal River’s most strategic and rapidly evolving corridors. Predominantly zoned PSO (Professional Service/Office), this property features over 820 feet of high-visibility frontage on US Hwy 19 / S Suncoast Blvd (15,200 AADT)—a major north–south artery serving both local residents and regional traffic. The site offers full north- and south-bound ingress and egress through an existing deceleration lane and open median and the connective drive with the adjoining parcel which is also for sale at 8.18 acre and will provide said access, providing seamless access and ideal positioning for high-intensity commercial development.

Located within Crystal River’s fast-emerging medical corridor, the property directly benefits from Tampa General Hospital’s transformational 53-acre healthcare campus expansion, currently underway just minutes from the site. This major investment introduces a new 120-bed hospital tower, a 120,000-square-foot medical office building, and expanded specialty and outpatient services. The expansion is projected to significantly increase employment, healthcare demand, and regional traffic—effectively establishing this section of US 19 as the next major healthcare hub of the Tampa MSA. The surrounding corridor is already attracting operators seeking proximity to TGH, making this an ideal site for QSR with Drive-Thru, Gas Station, Bank, Hotel, Medical Office, Outpatient Facilities, Senior Living, and Multi-Family residential concepts. Its flexible zoning and strong demographic profile provide a nearly unmatched development canvas.

Just south of Crystal River’s Historic Downtown, the site is surrounded by a growing mix of local boutiques, restaurants, entertainment venues, and service-oriented businesses. The city is undergoing a surge of redevelopment, highlighted by the transformation of the former Crystal River Mall into a 400-unit residential community with integrated mixed-use retail, bringing a substantial increase in new residents and commercial activity. Additionally, the property directly abuts the rear boundary of the 85-acre Hidden Lake RV Resort, now under construction and planned to include 580 RV sites, creating immediate demand for convenience retail, hospitality, dining, medical services, and everyday goods.

Citrus County’s growth trajectory is among the strongest in the state. With a current population of 153,600 residents projected to exceed 350,000 by 2030 per the County’s Land Development Code, the region is rapidly transitioning into a major population and service center. Its inclusion in the Tampa–St. Petersburg–Clearwater MSA, the 18th largest in the United States, further enhances its long-term strength and desirability for business expansion, new housing supply, and healthcare delivery.

The broader region continues to benefit from substantial public and private investment. Homosassa, Inverness, and surrounding communities have undergone significant revitalization, including upgrades to Liberty Park, the Depot District, and other high-impact community assets. Meanwhile, the $135 million expansion of the Suncoast Parkway and the planned Phase 3 northern extension—just north of the subject property—will deliver direct, one-hour access to Tampa International Airport and surrounding major employment centers.
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$509,250 (USD)
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2322 W Main Street Inverness, FL 34452

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MLS# 853966
6.41-Acre Multifamily Development Site | Inverness, FL | Zoned R-3
Centrally located within the City of Inverness, this ±6.41-acre development site presents a compelling opportunity for multifamily or alternative residential development in a supply-constrained submarket. The property is zoned R-3 Residential, allowing for up to 10 units per acre with building heights up to three stories, supporting a range of development concepts including garden-style apartments, workforce housing, and senior-oriented residential product. The site benefits from city water and sewer access via a designated easement, supporting current density allowances and providing a pathway for potential increased density through future zoning considerations.

Positioned just off SR 44 / Gulf to Lake Highway (±28,000 AADT) and within city limits, the site offers strong accessibility and connectivity to the surrounding region. The property is in close proximity to key demand drivers, including Citrus Memorial Hospital, Publix, and the upcoming Aldi, as well as the Downtown Inverness Square, which features a variety of restaurants, boutiques, and local retail. Nearby recreational amenities such as Whispering Pines Park and the Tsala Apopka Chain of Lakes further enhance the overall livability and appeal of the location. The site is also within a 15-minute drive of Lecanto, Hernando, and Floral City, expanding its reach across the greater Citrus County area.

From a rental perspective, the Inverness submarket continues to demonstrate stable performance supported by limited rental supply within a predominantly owner-occupied environment. One-bedroom units ranging from approximately 600 to 800 square feet achieve rents between $900 and $1,150 per month, while two-bedroom units ranging from approximately 850 to 1,100 square feet achieve rents between $1,050 and $1,350 per month. These rent levels align with the area’s income profile and reflect a value-driven tenant base, while the constrained inventory of rental housing supports consistent demand and reliable absorption for new development.

The broader market is influenced by a significant concentration of retirement and senior households, creating sustained demand for workforce housing, downsized living, and assisted or independent living concepts, further reinforcing the viability of multiple residential development strategies at the subject property.

Citrus County, with a 153,600 +/- residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.
Listing Courtesy of CITRUS COUNTY / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
$509,250 (USD)
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Inverness Area Land

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2322 W Main Street Inverness, FL 34452

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MLS# OM722700
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6.41-Acre Multifamily Development Site | Inverness, FL | Zoned R-3 Centrally located within the City of Inverness, this ±6.41-acre development site presents a compelling opportunity for multifamily or alternative residential development in a supply-constrained submarket. The property is zoned R-3 Residential, allowing for up to 10 units per acre with building heights up to three stories, supporting a range of development concepts including garden-style apartments, workforce housing, and senior-oriented residential product. The site benefits from city water and sewer access via a designated easement, supporting current density allowances and providing a pathway for potential increased density through future zoning considerations. Positioned just off SR 44 / Gulf to Lake Highway (±28,000 AADT) and within city limits, the site offers strong accessibility and connectivity to the surrounding region. The property is in close proximity to key demand drivers, including Citrus Memorial Hospital, Publix, and the upcoming Aldi, as well as the Downtown Inverness Square, which features a variety of restaurants, boutiques, and local retail. Nearby recreational amenities such as Whispering Pines Park and the Tsala Apopka Chain of Lakes further enhance the overall livability and appeal of the location. The site is also within a 15-minute drive of Lecanto, Hernando, and Floral City, expanding its reach across the greater Citrus County area. From a rental perspective, the Inverness submarket continues to demonstrate stable performance supported by limited rental supply within a predominantly owner-occupied environment. One-bedroom units ranging from approximately 600 to 800 square feet achieve rents between $900 and $1,150 per month, while two-bedroom units ranging from approximately 850 to 1,100 square feet achieve rents between $1,050 and $1,350 per month. These rent levels align with the area’s income profile and reflect a value-driven tenant base, while the constrained inventory of rental housing supports consistent demand and reliable absorption for new development. The broader market is influenced by a significant concentration of retirement and senior households, creating sustained demand for workforce housing, downsized living, and assisted or independent living concepts, further reinforcing the viability of multiple residential development strategies at the subject property. Citrus County, with a 153,600 +/- residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Elias Kirallah, Century 21 J W Morton Real Estate, Inc.