3132 W Gulf To Lake Highway, Lecanto, FL 34461

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Sold Price
$700,000
List Price
$875,000
Closing Date
Mar 09, 2026
Days on Market
50
Status
CLOSED
MLS#
850362
Lot Size (Acres)
4.78

Property Description

NOW IS THE TIME! This prime 4.78-acre property offers an exceptional opportunity to develop your business in the heart of Citrus County. Located less than 3 miles from the Suncoast Parkway, it sits directly on the path of growth and provides 600 feet of highway frontage along Gulf to Lake Highway, near the intersection of 491/Lecanto Highway. This strategic positioning ensures maximum visibility and exposure for any commercial venture, with a daily traffic count of 26,000. The front portion (2.6 acres) of the property is zoned General Neighborhood Commercial (GNC), while the back section (2.18 acres) is zoned Low Density Residential (LDR), offering flexibility for a variety of uses. GNC zoning uses can include retail plazas with tenants for nail salon, coffee shop and insurance offices, drive-thru restaurants or EV charging stations, medical or professional offices, financial institutions, assisted living or memory care care facility, car wash, or Hotel. Its central location places Inverness just a few miles to the east and Crystal River a few miles to the west, making it a convenient hub within the county. Lecanto has experienced remarkable commercial expansion in recent years, highlighted by the opening of the Black Diamond Shoppes, which feature major retailers such as Target, Aldi, Sketchers, and Hobby Lobby, along with popular restaurants including Texas Roadhouse, Panda Express, Panera, and Glory Days Grill—all less than three miles away. Surrounding residential growth further enhances the area’s appeal, with established communities like Black Diamond Ranch, Terra Vista, the newly opened Davis Reserve, and the planned 345-acre Crystal Ridge development, which will include 957 single-family home sites along with the Lecanto Preserve (less than 1/4 mile away), containing 30+ acres of proposed retail and out-parcels, as well as 838+ residential units, including single family homes and townhomes. With the ongoing expansion of the Suncoast Parkway providing a direct route to Tampa, Citrus County is poised for continued growth, making this property an outstanding investment for developers and business owners. Beyond its commercial potential, the county offers a rich cultural heritage, natural springs with world-famous manatees, scallop season, abundant water recreation, top-rated golf courses, and diverse dining experiences, making it one of the most desirable destinations on Florida’s west coast. Don't miss out, call today!

Additional Information

Area
24
Subdivision
Lecanto 1st Add
Taxes
$3,868
Sewer
Septic Needed
Elementary School
Lecanto Primary
Middle School
Lecanto Middle
High School
Lecanto High

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Listing courtesy of Keller Williams Realty - Elite Partners II. Selling Office: Keller Williams Realty - Elite Partners II.