Active

2630 W Gulf To Lake Highway

Lecanto FL, 34461

$7,520,000


$3.79 per sqft

Active

45.58 Acres

Land

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 Road's 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 county's 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 property's 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.

840903

MLS ID

January 30, 2025

Listed

March 6, 2025

Updated

Exterior/Building Features

Lot Size

45.58 Acres


Lot Features

Acreage, Cleared


Sewer

Septic Tank

School Information

High School

Lecanto High


Elementary School

Lecanto Primary

Other Property Details

Area Name

10


Taxes

$186


Tax Frequency

Annually


Days on Market

35


Garage

No


View

No


County

Citrus


Water Source

Public, Well


Pool

No


Zoning

GNC

Listing History

Date

Event

Price

3/6/2025

Price change

$7,520,000

34%

Courtesy of Century 21 J.W.Morton R.E., Elias Kirallah,
Listing Contact: (352) 400-2635 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Laura Bush shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 FL - REALTORS Association of Citrus County (CMLS). All rights reserved.

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