INVERNESS, FL 34450 8929 E GULF TO LAKE HIGHWAY

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Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. - 352-726-6668
  • MLS# OM698589
  • 04/02/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 4,010

Home Details

AMAZING LOCATION, IN INVERNESS, CITRUS COUNTY, FL, TAMPA MSA, Just 15 Min From I-75/Florida Turnpike! Seize the opportunity to own your slice of a growing Central Florida Real Estate. Positioned along the high-traffic corridor of State Road 44 in Inverness, Florida, this fully renovated and affordably priced commercial property presents a rare investment opportunity with a unique competitive edge—direct access to the Tsala Apopka Chain of Lakes. The property comprises a 4,010-square-foot concrete block structure, originally a mechanics facility, now modernized to support a wide range of commercial uses. Key features include three 10’x12’ grade-level roll-up doors, 12-foot ceiling heights ideal for service operations, and 3-phase electric power to accommodate heavy-duty equipment. A two-story build-out provides flexibility for office use or potential live/work arrangements. Recent updates include a new roof and comprehensive interior renovations, enhancing both functionality and long-term value. Situated on a 0.78-acre lot, the site benefits from over 300 feet of visibility along Gulf to Lake Highway (SR 44), which sees an average daily traffic volume of approximately 18,000 vehicles. Zoned Coastal Lakes Commercial (CLC), the property allows for diverse commercial applications, including marine and automotive service facilities, contractor operations, retail establishments, and restaurant or bar concepts. The abundance of parking and open yard space further supports adaptability for high-traffic or equipment-intensive operations. What distinctly sets this property apart is its rear access to the Tsala Apopka Chain of Lakes—Citrus County’s largest freshwater system encompassing over 22,000 acres and 15 interconnected lakes. This lakefront position not only provides direct water access for marine-related services and recreational uses but also enhances visibility and appeal for destination-driven businesses. It creates a natural platform for adaptive reuse projects such as a waterfront restaurant, bar, or experience-based commercial concept targeting boaters, tourists, and locals alike. In terms of location, the property is strategically placed just 3.2 miles from Downtown Inverness, 9.1 miles from Floral City, 20.8 miles from Crystal River, and 21.3 miles from The Villages—one of the fastest-growing residential communities in the country. This central access point enables efficient service to a broad consumer base, from long-term residents and retirees to transient recreational users and seasonal visitors. Citrus County itself, home to approximately 153,600 residents as of the latest census data, is poised for sustained expansion, with projections indicating a population nearing 350,000 by 2030 under the county’s Land Development Code. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area—the 18th largest in the United States—the area is increasingly recognized as a high-potential real estate market. From an investment perspective, the property’s combination of strategic highway frontage, robust utility infrastructure, and unique water access positions it for long-term viability across multiple commercial verticals. Whether leveraged for a marine repair operation, automotive service center, contractor headquarters, or transformed into a lifestyle-oriented venue such as a waterfront restaurant or taproom, the site aligns well with both existing market needs and emerging growth trends.
Presented By: CENTURY 21 J.W.MORTON R.E. with 352-726-6668. - 352-726-6668

Interior Features for 8929 E GULF TO LAKE HIGHWAY

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NNo
FlooringConcrete
Total Stories1

General for 8929 E GULF TO LAKE HIGHWAY

Additional Parcels Description20E19S110020 00040 0020, 20E19S110020 00040 0010
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Building FeaturesBathrooms
CityINVERNESS
Construction MaterialsStucco
CoolingNone
CountyCitrus
DirectionsComing from Inverness downtown, enter US Highway 41 and head southeast for .5 Miles until you reach an intersection. Enter E Gulf To Lake Highway and head North East for about 4.4 Miles until you reach the property in 7 Minutes on your left side.
Electric3 Phase, 440 Volts
Facing DirectionEast
Flood Zone CodeAE, X
Flood Zone Code XY
Legal DescriptionHICKORY HILL RETS UNIT 2 PB 3 PG 75 LOTS 3 & 4 BLK 4
LevelsTwo
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet33977
Lot Size UnitsSquare Feet
MLS Area34450 - Inverness
New ConstructionNo
Number Of Units Total2
Occupancy TypeOwner
Other StructuresGarage(s)
OwnershipCorporation
Property ConditionCompleted
Property SubtypeRetail
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer, Septic Tank
Standard StatusActive
StatusActive
Subdivision NameHICKORY HILL RETREATS UNIT 02
Tax Annual Amount3589.42
Tax Lot3
Tax Year2023
UtilitiesElectricity Available, Public
Virtual TourClick here
Water Access TypeLake
Water Access Y/NYes
Water ViewLake
Water View Y/NYes
Year Built1972
ZoningCLC & CLR

Exterior for 8929 E GULF TO LAKE HIGHWAY

Building Area Total4010
Foundation DetailsSlab
Lot Dimensions220 x 120
Lot FeaturesFloodZone
Lot Size Acres0.78
Lot Size Area33977
Number of Buildings1
Number of Lots3
Parking Features1 to 5 Spaces
Road Frontage TypeStreet Paved, Highway
Road Surface TypePaved
VegetationTrees
Water SourcePublic, Well
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $375,000
MLS#OM698589
List Date 04/02/2025
Property Type Commercial
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