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Wade M. Berlin

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3190 Florida Avenue
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PRICED AT ONLY: $830,000

Address: 3190 Florida Avenue, INVERNESS, FL 34450

Description

Strategic Investment in Growing Commercial Real Estate Market Prime Location and Accessibility: This property at 3190 S Florida Avenue offers unmatched visibility with 125 feet of commercial highway frontage on US 41 S, a major thoroughfare with 17,300 daily traffic counts. Its General Commercial zoning and street to street access (Southerly Ave/US 41) make it an ideal location for businesses needing high exposure and accessibility. Economic Growth Supporting Commercial Expansion Infrastructure Development: The nearby Holder Industrial Park project, supported by a $2.8 million infrastructure, will bring 1,000 direct jobs and up to 2,000 indirect jobs, boosting the local economy and creating demand for automotive, industrial, and service related businesses. Population Growth: Citrus County is preparing for 30,000 new residents by 2030, driving increased commercial activity. The area's planned growth ensures a steady customer base for commercial enterprises, including automotive services. Turnkey Opportunity with Established Business: This property includes a fully equipped automotive repair shop with lifts, air compressors, and all necessary tools, offering immediate income potential. The established business has a proven track record of servicing the community, making it a low risk investment for entrepreneurs or investors in the commercial sector. Commercial Real Estate Market Trends Citrus County is part of the TampaSt. PetersburgClearwater MSA, the 18th largest metropolitan area in the U.S. and currently the hottest real estate market in the nation. Growth in Service Based Commercial Real Estate Consumer expenditures for vehicle maintenance and repair exceed $14 million annually in the local area. As demand for reliable automotive services grows alongside the population, this property offers a unique opportunity to capitalize on a profitable, service based commercial enterprise. Future Proof Investment Citrus County boasts 61,000 vacant residential parcels, ranking 3rd in Florida. The ongoing influx of residents, coupled with the county's growing infrastructure, ensures a sustainable market for commercial ventures. The regions emphasis on development ready infrastructure positions this property as a valuable asset for investors seeking long term appreciation in the commercial real estate sector.
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  • MLS#: O6272431 ( Commercial Sale )
  • Street Address: 3190 Florida Avenue
  • Viewed: 190
  • Price: $830,000
  • Price sqft: $290
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 2862
  • Days On Market: 185
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2750.00
  • Roof: Metal
Land Information
  • Lot Features: Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Highway
  • Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: INVERNESS HGLDS SOUTH PB 3 PG 51 LOTS 23 24 25 26 27 105 106 107 108 & 109 BLK 200 TITLE IN OR BK 1407 PG 1576
  • Area Major: 34450 - Inverness
  • Parcel Number: 20E-19S-21-0020-02000-0230
  • Views: 190
  • Zoning Code: GNC

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin