HERNANDO, FL 34442

Property

Ownership: Fee Simple
Type: Retail
Lot Size: 0.9 Acres

Financials

Price:$800,000
Annual Taxes:$7,595.34
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of CENTURY 21 J.W.MORTON R.E.

Prime Multi Tenant Center offering professional office and retail space.

Description

Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes. Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security. Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 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.

Amenities

  • Public

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.