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Investment Highlights

  • Suncoast Parkway Interchange Acreage within the Economic Development Target Area
  • Multi-Road Access Points
  • Future Land Use / Zoning allow for a wide variety of Commercial, Industrial, and Mixed-Use Uses

Executive Summary

This 4.09± acre strategic tract offers a rare investment foothold directly within Citrus County’s highly anticipated Cardinal Street Interchange Management Area (IMA) and officially designated Economic Development Target Area (EDTA - Reference Ord. 2021-A11). Situated just east of the recently expanded $135 million Suncoast Parkway (SR 589) interchange, this property capitalizes on sustained public infrastructure investments and aggressive northward expansion extending directly from the Tampa–St. Petersburg MSA. Boasting high, dry, flat terrain entirely free of low-lying wetland constraints, this parcel seamlessly balances immediate residential utility with elite, long-term commercial appreciation.

Property Facts

Price $442,736 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Tienda de conveniencia
  • Medical
Total Lot Size 4.09 AC
Zoning RURMH - Rural Residential - Designated for Rezone to Economic Development Target Area (EDTA) within the Commercial Mixed-Use Area.

1 Lot Available

Lot

Price $442,736 CAD
Price Per AC $108,248.41 CAD
Lot Size 4.09 AC

4.09 acres within Citrus County’s high-growth Cardinal Street Interchange Management Area (IMA), this tract sits just east of the $135M Suncoast Parkway corridor. A high-and-dry parcel primed for investment, development, or regional appreciation.

Description

4.09± Acres | Economic Development Target Area (EDTA) | Homosassa, FL This 4.09± acre strategic tract is embedded directly within Citrus County’s designated Economic Development Target Area (EDTA - Reference Ord. 2021-A11) and the Cardinal Street Interchange Management Area (IMA) overlay. Situated just east of the recently expanded $135 million Suncoast Parkway (SR 589) interchange, the property represents an elite, future-proof land-bank or development opportunity inside one of the fastest-growing logistics and commercial corridors extending from the Tampa–St. Petersburg MSA. Featuring 100% high-and-dry terrain with flexible RURMH zoning, the site offers immediate residential subdivision potential or a sprawling private estate layout free of wetland constraints. Crucially, its inclusion in the EDTA ensures long-term proximity to intensive public infrastructure investments, including nearby 12-inch water mains and jurisdictional sewer systems. Because the county’s master plan encourages compact, master-planned development clusters and parcel aggregation to support the surrounding Commercial Mixed-Use (CMU) framework, this 4.09-acre tract delivers immense scale and positioning to capture massive regional appreciation as commercial demand edges right to your property line.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 40648649

  • Date on Market: 2026-05-23

  • Last Updated:

  • Address: 6879 Wanderlust Point, Homosassa, FL 34446

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