Commercial Real Estate in Florida available for sale
Investment Properties For Sale

Investment Properties for Sale in Florida, USA

More details for 605 S Riverside Dr, Pompano Beach, FL - Multifamily for Sale

605 S Riverside Dr

Pompano Beach, FL 33062

  • Investment Property
  • Multifamily for Sale
  • $5,610,809 CAD
  • 4,488 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Kitchen
  • Pool
  • Waterfront

Pompano Beach Multifamily for Sale - Fort Lauderdale

Introducing Kanda Zen – A Turnkey Waterfront Vacation Rental Opportunity ONE Sotheby’s International Realty is proud to exclusively present Kanda Zen, a rare and exceptional opportunity to acquire a fully renovated, boutique five-unit apartment building designed specifically for luxury short-term and vacation rentals. Perfectly positioned on the Intracoastal Waterway in highly desirable Pompano Beach, Florida, this income-producing property offers both tranquility and proximity to vibrant local attractions. Surrounded by multi-million-dollar waterfront estates, Kanda Zen has been meticulously updated and thoughtfully appointed to provide guests with a serene, stylish, and secure retreat. Each unit is beautifully furnished, creating a seamless guest experience that blends comfort and elegance. The property boasts an outstanding reputation with consistent 5-star ratings across booking platforms and Superhost status on both Airbnb and VRBO, reflecting its commitment to quality and guest satisfaction. The current owner has also cultivated a loyal client base with many guests returning year after year, offering built-in repeat business and long-term income stability. The outdoor amenities elevate the guest experience even further. A private waterfront entertaining area offers expansive seating, a resort-style pool and hot tub, and multiple barbecue stations—all framed by panoramic views of the Intracoastal. Guests can relax as yachts and boats cruise by, enjoying coastal breezes and Florida sunsets. The beach is just a short stroll away, making this a prime location for travelers seeking both waterfront and seaside living. Ideally located, Kanda Zen is within walking distance to the vibrant Pompano Fishing Village, a 6-acre beachfront destination adjacent to the iconic Fisher Family Pier. This walkable district features top-rated dining such as The Beach House, Oceanic, and Lucky Fish Beach Bar & Grill. Additional conveniences like Publix, boutique shopping, and local entertainment venues are all easily accessible. For golf enthusiasts, world-class courses are just minutes away. Pompano Beach is recognized as one of the top-performing vacation rental markets in the U.S., with significant city investments and redevelopment efforts attracting luxury projects such as the Waldorf Astoria Residences and Casamar Pompano Beach, being developed by The Related Group. The city has also made substantial improvements to public spaces, parks, and beach amenities, enhancing the lifestyle appeal for both residents and visitors. Strategically located just 25 minutes from Fort Lauderdale-Hollywood International Airport and with easy access to Interstate-95 and Florida’s Turnpike, Kanda Zen offers unmatched convenience, luxury, and investment potential.

Contact:

ONE Sotheby's International Realty

Property Subtype:

Apartment

Date on Market:

2025-05-03

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More details for 941 Virginia Dr, Sarasota, FL - Multifamily for Sale

Roy's Place - 941 Virginia Dr

Sarasota, FL 34234

  • Investment Property
  • Multifamily for Sale
  • $2,052,735 CAD
  • 3,687 SF
  • Air Conditioning
  • Pool

Sarasota Multifamily for Sale

PRICE REDUCTION | View Offering Memorandum Details! *Access OFFERING MEMORANDUM FOR FINANCIAL DETAILS at MultifamilyFirm.com **Virtual Tour (Matterport) of Each Unit Available Upon Request! The Multifamily Firm is pleased to present Roy’s Place, a truly one-of-a-kind, turn-key multifamily short-term rental asset in Sarasota offering exceptional upside. This remarkable property stands out with over 500 five-star reviews, excellent booking platform exposure, and a strong repeat guest base, delivering consistent occupancy and premium nightly rates. Roy’s Place features resort-caliber amenities, including private screened-in pool areas with heated saltwater pools, cascading waterfalls, hot tubs, and outdoor showers, all of which create an unforgettable guest experience. The desirable unit mix of 50% two-bedroom and 50% one-bedroom units caters perfectly to a wide range of travelers. Meanwhile, the property’s artfully curated Sarasota chic decor, quality furnishings, and vibrant tropical landscaping ensure it remains a top choice in the market. Constructed with rock-solid vintage masonry and boasting a 125-foot-long building footprint, the property offers exceptional unit privacy. Strategically positioned on an elevated site approximately 17 feet above sea level in a non-flood zone, just one block from a waterfront park with stunning sunset views over Sarasota Bay, Roy’s Place provides enhanced storm protection and an unbeatable location. Adding to its pedigree, the property has been named the #1 Best Airbnb with Pool in Sarasota by Trip101 Travel Guide for 3 consecutive years (2022, 2023 & 2024), underscoring its reputation as a premier income-producing asset perfectly positioned for long-term growth.

Contact:

The Multifamily Firm, LLC

Property Subtype:

Apartment

Date on Market:

2025-05-02

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More details for 454 Main St, Safety Harbor, FL - Retail for Sale

Harbor Inn on Main - 454 Main St

Safety Harbor, FL 34695

  • Investment Property
  • Retail for Sale
  • $5,472,591 CAD
  • 9,605 SF

Safety Harbor Retail for Sale - North Pinellas

KW Commercial Tampa Properties is proud to exclusively offer for sale Harbor Inn on Main, a rare generational asset located in the heart of one of America's most celebrated small towns. With 155 feet of frontage on vibrant Main Street—recently ranked #10 Best Main Street in the U.S. and #5 Best Small Town in the South by USA Today—this mixed-use property offers unmatched charm, versatility, and income potential. Built in 1918 and meticulously maintained, the property features 9,605 SF under roof and 2,599 SF of balcony space. Zoned Main Street Marketplace (MSM), this historic gem supports a wide variety of permitted uses including retail, multi-family, office, hospitality, and entertainment. Currently operating as a hybrid LTR/STR top-rated Airbnb Superhost with (8) turnkey apartment units—(6) one-bedrooms and (2) studios—each with full kitchens and baths. This income-generating property is perfect for investors or owner-occupiers. An opportunity also exists to expand with a 9th additional unit or owner/manager’s suite. The ground-floor retail space is elevated above street level and flooded with natural light, offering excellent visibility and a welcoming Main Street presence. Total retail square footage is equal to 2,983 SF and is currently rented month to month offering flexibility for an owner operator to occupy or generate longer term income. Recent capital improvements include a new roof (2020) on the primary building and new HVAC with ductwork (2023) in the retail space. Additional highlights: • 14 private parking spaces • Garage/storage space • Located in Flood Zone X • Just blocks from the iconic Safety Harbor Spa • Two majestic “Great Oaks” on site • Steps away from the lively Third Friday Street Festival—a monthly downtown celebration of music, art, food, and community. This is more than a property—it’s a piece of Safety Harbor history with modern upside. Contact us today for details or to schedule a private tour.

Contact:

KW Commercial Tampa Properties

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-05-01

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More details for Tradition Blvd, Kissimmee, FL - Multifamily for Sale

SPECTRUM AT REUNION PORTFOLIO 31 TOWNHOMES - Tradition Blvd

Kissimmee, FL 34747

  • Investment Property
  • Multifamily for Sale
  • $14,369,145 CAD
  • 210,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Kissimmee Multifamily for Sale - Osceola Outlying

Marcus & Millichap is proud to present the opportunity to acquire a portfolio of thirty-one (30) brand-new luxury townhomes within Spectrum at Reunion, one of Central Florida’s premier resort communities. Strategically located just 10 minutes from Walt Disney World and 30 minutes from Orlando International Airport, this portfolio offers unmatched access to the strongest tourism market in the United States. Completed in 2024, the townhomes showcase coastal contemporary architecture, expansive open layouts with 10-foot ceilings, and high-end finishes including quartz countertops, porcelain tile, luxury vinyl plank flooring, and Samsung appliances. Expansive glass doors open to lush landscaped views, blending indoor and outdoor living for today’s vacation renter. Residents and guests enjoy exclusive access to three championship golf courses designed by Jack Nicklaus, Arnold Palmer, and Tom Watson—making Reunion a global golf destination. The resort also features a signature water park with lazy river and slides, multiple resort pools, a luxurious full-service spa, fitness center, tennis and pickleball courts, and diverse dining venues from casual to upscale. Families benefit from kids’ clubs, playgrounds, and event programming, while corporate and group travelers utilize the expansive meeting and event space. The Spectrum+ Clubhouse further elevates the experience with a contemporary pool, cabanas, concierge services, and a grab-and-go market. Opportunity Acquiring this portfolio provides investors with scale and exclusivity rarely available in Central Florida’s vacation rental market. All thirty-one townhomes are fully approved for short-term rentals, including Airbnb, offering owners maximum flexibility in revenue generation. In addition, investors may choose to participate in the Reunion Luxury Rental Program, operated by Rentyl Resorts, which provides branded property management, professional oversight, and optimized rental performance. Orlando continues to hold its place as the most visited destinations in the country, with industry reports noting that hospitality demand consistently outpaced supply. With professional management options, consistent tourism-driven demand, and projected tightening vacancy across the metro, the portfolio offers significant income potential and long-term appreciation.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-04-24

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More details for 295 Assisted Living Dr, Pompano Beach, FL - Health Care for Sale

205-Bed Assisted Living Facility - 295 Assisted Living Dr

Pompano Beach, FL 33060

  • Investment Property
  • Health Care for Sale
  • $31,475,270 CAD
  • 67,028 SF
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More details for 4045-4049 Allen Rd, Zephyrhills, FL - Multifamily for Sale

4045-4049 Allen Rd

Zephyrhills, FL 33541

  • Investment Property
  • Multifamily for Sale
  • $2,668,555 CAD
  • 10,000 SF

Zephyrhills Multifamily for Sale - Pasco County

This unique approximately 5 acre multi-building property presents an unparalleled income-generating opportunity in one of Florida’s fastest-growing markets! Featuring four well-maintained buildings, including 3000 sq. ft. 4 bedroom, 2 Bath home, plus 14-lot RV park. This property offers multiple revenue streams and huge upside potential. Located just off State Road 54, it provides easy access to major highways, Downtown Zephyrhills, Wesley Chapel, and Tampa, making it an ideal long-term investment Property Overview: 14-Lot RV Park on 3 Acres mol : Full hook-ups with 50 amp electric, county water, and septic system Generous 40' x 65' lots to accommodate large RVs, utility sheds, and parking High and Dry location with strong potential for expansion or redevelopment Currently undervalued rental rates, offering immediate upside for new ownership Includes Two Chariot Park Model Homes: Each features concrete drive with attached carport, washer/dryer utility room, plus room addition. Comfortable, long-term rental units with high occupancy potential Concrete Block Clubhouse & Office Space: Includes a dedicated private office for park management Two full bathrooms with showers for tenant convenience Large covered front awning, ideal for community gatherings Concrete Block Home on 2 Acres mol : 3000 sf 4-bedroom, 2-bath home with an additional office or 5th bedroom Spacious 20' x 40' game room Metal detached garage with large carport and extra storage buildings and carports Fully fenced for security and privacy, security alarm, generator transfer panel, and 3 bay dog kennel. Located Near State Road 54: Provides easy access to Tampa, Wesley Chapel, and major commercial hubs. Surging Real Estate Growth: Zephyrhills is a high-growth area with increasing demand for housing, RV accommodations, and commercial developments. Expanding RV Market: Florida’s RV park industry is booming, with a projected value of $658.6M by 2025and increasing traveler demand for long-term stays. Multiple Uses & Expansion Options: Expand the RV park with additional full-service lots Develop rental cabins or glamping sites to attract higher-income tenants Not in a Flood Zone: No risk of flooding, reducing insurance costs and investment risks. Well-Maintained Infrastructure: No damage from recent hurricanes, ensuring a turnkey investment with minimal initial upgrades required. Additional Possible Uses: · Glamping or Tiny Home Community – Capitalize on the short-term rental boom · Office Space or Business Park – Perfect for small businesses, co-working, or professional offices · Assisted Living or Senior Housing – Zephyrhills is a top retirement destination! · Event Venue or Retreat Center – Weddings, corporate retreats, festivals, and more · Truck/RV/Boat Storage or Flex Space – High demand for vehicle storage in this area · Short-Term Vacation Rentals – Convert buildings into Airbnbs or seasonal rentals Zephyrhills is experiencing rapid development, driven by: -Major infrastructure projects improving roads and access to Tampa and Orlando -Increased tourism and long-term RV living trends, making RV parks a high-demand asset -New residential and commercial developments, bringing more businesses and long-term residents to the area -Expansion of healthcare and retail amenities, further driving population growth ***Please Do not disturb the tenants.***Do not walk the property without an approved appointment*** Don’t miss this chance to invest in one of Florida’s fastest-growing markets. Contact us today for financials, zoning details, and a private tour!

Contact:

RE/MAX Premier Group

Property Subtype:

Mobile Home Park

Date on Market:

2025-04-17

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More details for 2030 Bee Ridge Rd, Sarasota, FL - Office for Sale

2030 Bee Ridge Rd

Sarasota, FL 34239

  • Investment Property
  • Office for Sale
  • $4,926,564 CAD
  • 9,441 SF
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More details for 75 West Palm Drive, Florida City, FL - Land for Sale

Ocean Gate - 75 West Palm Drive

Florida City, FL 33034

  • Investment Property
  • Land for Sale
  • $21,895,840 CAD
  • 4.28 AC Lot

Florida City Land for Sale - South Dade

Seize this rare, shovel-ready mixed-use apartment development opportunity on a 4.28-acre parcel at the gateway to the Florida Keys, in the heart of Florida City—part of the fastest city growing in Miami-Dade County, which ranked second in U.S. population growth last year with a 2.3% increase. Executive Summary Location: 75 West Palm Drive, Florida City, Fl. Land Area: 4.28 acres (˜196,020 SF), fully entitled Buildings: 2 × Identical 8-story mixed-use towers Building 1: 162 units Building 2: 162 units Total Units: ˜ 324 Zoning: Transit-Oriented Development (TOD) Opportunity Zone: Yes — federal capital gains benefits Infrastructure: Sewer & water adjacent to site ; site filled to grade Purchase Price: $16,000,000 Short term owner financing can be discussed Retail component not included Operating Memorandum Highlights 1. Investment Highlights Strategic Location: Gateway to the Florida Keys; adjacent to Miami-Dade transit hub (bus park-and-ride). TOD zoning Entitlements & Infrastructure: Fully entitled, T-plat approved, utilities adjacent to property, filled to grade — significantly reduces entitlement and development risk. Tax Advantages: Opportunity Zone designation offers capital gains deferral/exclusion. 2. Development Program Density: ~324 units across 2 identical towers. Parking: Surface parking (lower cost vs. structured). 3. Market Positioning Florida City = fastest-growing city in Miami-Dade County. Market rate rent: also approved workforce housing Strategically located: adjacent to Lennar’s project, the site comprises 174 townhomes and includes a public park—enhancing both community appeal and long-term value. Scheduled for completion in Q1 2026. Lennar, DR Horton, and other top national builders: are actively developing over 5,000 residential units within a two-mile radius, with thousands more in the pipeline through entitlements and permitting. The area is experiencing rapid growth and sustained investment momentum. 4. Risks & Mitigation Development Risk: Fully entitled + utilities adjacent in place reduces delay risk. Parking: Reduced capex with surface parking Summary & Recommendations Strategic Fit: Rare large-scale, entitled TOD site with Opportunity Zone upside. Market Consideration: Mixed-income strategy focusing on mid-rent segments Strong Florida Keys demand: Homestead Air Force Base, Baptist Hospital, FedEx, UPS, Amazon, Major distribution centers within a 5 mile radius. Convenient Location Highlights: Major outlet malls just steps away, featuring top national brands Walmart & Home Depot all within a 1-mile radius Homestead-Miami Speedway located just 3 miles away—only a 10-minute drive

Contact:

Gem Real Estate Group

Property Subtype:

Commercial

Date on Market:

2025-04-14

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More details for 721 E Lake Rd S, Tarpon Springs, FL - Land for Sale

721 E Lake Rd S

Tarpon Springs, FL 34688

  • Investment Property
  • Land for Sale
  • $2,052,735 CAD
  • 2.46 AC Lot

Tarpon Springs Land for Sale - North Pinellas

Property Overview: This is a rare opportunity to acquire 2.46 acres of high-visibility land on East Lake Road in North Pinellas County. This site is ideally located near residential communities, schools, and recreational amenities—positioning it for successful development in the healthcare, educational, or service sectors. The property is zoned Limited Institutional (LI) with a land use designation of 1.62 acres Institutional and 0.84 acres Preservation, the latter of which may be used for stormwater management. With 1.94 acres of developable uplands and only 0.52 acres of wetlands, the site is well-suited for a range of high-demand uses. Zoning & Land Use Details: Zoning: Limited Institutional (LI) Land Use: 1.62 acres Institutional 0.84 acres Preservation (eligible for stormwater pond use) Permitted and Supported Uses Include: Assisted Living Facilities (ALFs), Child Day Care Centers, Medical Offices / Outpatient Clinics, Funeral Homes / Mortuaries (LI zoning supports both by-right and special exception uses—flexibility for institutional or community service-driven development.) Lot and Site Details: Total Acreage: 2.46 Acres Upland Acreage: 1.94 Acres (buildable) Wetlands: 0.52 Acres (minimal mitigation needed) Preservation Area: 0.84 Acres (can serve as stormwater area) Evacuation Zone: D (Low-risk category in Pinellas County) Utilities: Available at the road; water/sewer infrastructure nearby Location & Traffic Data: Address: 721 East Lake Road, Tarpon Springs, FL 34688 Frontage: Over 300 feet on East Lake Road Traffic Count: Over 27,000 Average Annual Daily Trips (AADT) Proximity to Schools: Directly adjacent to Brooker Creek Elementary School Nearby Demographics: Surrounded by family neighborhoods, active seniors, and young professionals—ideal for multi-generational service uses Minutes to: Trinity Medical Corridor Downtown Tarpon Springs Innisbrook Golf Resort John Chestnut Sr. Park Ideal Development Opportunities: This site aligns exceptionally well with Florida’s fast-growing senior population and ongoing demand for community-based healthcare and child education. Development concepts that are highly viable on this parcel include: Assisted Living Facility (ALF) or Memory Care Center Pediatric or Family Medical Office Child Development or Learning Center Funeral or Cremation Services with Chapel

Contact:

Verity Senior Living Partners

Property Subtype:

Commercial

Date on Market:

2025-04-09

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More details for 162 Peninsula Dr S, Daytona Beach, FL - Office for Sale

162 Peninsula Dr S

Daytona Beach, FL 32118

  • Investment Property
  • Office for Sale
  • $1,012,683 CAD
  • 3,264 SF
  • 24 Hour Access
  • Kitchen
  • Reception

Daytona Beach Office for Sale - Coastal Daytona Beach

Commercial Mix Use Triplex in the heart of Daytona Beach. The triplex is fully leased and producing great income. The dwelling sits on one parcel and it comes with a newly combined parcel to the north side giving you endless possibilities to expand or improve upon this investment property. The first level is the commercial space, as you walk into the space you have the waiting room, with a receptionist area adjoining. The commercial space is 1,632 square feet, has 8 bay offices, three bathrooms, a laundry room, and a kitchen. In front of the building is a parking lot, and on the south side is a outdoor common space that is fenced in for the tenants along with the entrance door to the two apartments on the upper level of the building. Each apartment is very spacious at 800 square feet with a full kitchen, living, and dinning area. The apartments are both one bedroom and one bathroom. Many improvements have been made to the building. commercial area has new concrete polished floors, exterior newly painted, new gutters, new roof, two new HVAC, newly built fence and a recent survey has been done. This is an incredible opportunity with endless potentials in a sought after area. This list price includes the attached vacant lot. Lot has several options to generate more income potential. Owner has approved engineered parking plans for additional lot. Per zoning you may also add another unit.

Contact:

RE/MAX Select Professionals

Property Subtype:

Medical

Date on Market:

2025-04-07

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More details for 1409 Truman Ave, Key West, FL - Specialty for Sale

1409 Truman Ave

Key West, FL 33040

  • Investment Property
  • Specialty for Sale
  • $1,777,668 CAD
  • 1,932 SF
  • Air Conditioning

Key West Specialty for Sale

This home offers a unique opportunity for flexible living or investment! Currently configured as a single-family residence, it has been approved by the City of Key West to be reverted back to a Multi-family, allowing for up to 4 units. Easily convert the home back to two studios with bath, 1 bedroom 1 bath and a 2 bedroom 1 bath. Welcome to 1409 Truman Avenue, a stunning Key West Eyebrow home that combines historical charm with modern amenities. The spacious layout and design make it easy to transition back to a multi-family configuration of a duplex, triplex or 4 units.. Each potential unit could offer comfortable living spaces, with the square footage allowing for a range of layouts to suit tenants' needs. Based on comparable rentals in the area and the square footage of this property, each unit could command an estimated monthly rent of $3k to 6k monthly, each unit (seasonal variables) providing a lucrative investment opportunity. With the strong rental demand in Key West, this property is perfectly positioned to maximize its potential. Whether you're looking to generate income, create a multi-generational living space, or invest in the vibrant Key West market, this property is a rare find. Contact us for more details and to schedule a showing! Average rents for the area 28 day min. Studio - $2,500 1 bd 1bath $3,500. These are average rents. Potential gross from all rents. $11,000 monthly. Buyer and or buyer agent responsible for own due diligence to verify potential rental income. Contact information to verify reverting back to a multifamily approved per the city KW. Jordan Mannix-Lachner Planner II (305) 809-3884 I jordan.lachner@cityofkeywest-fl.gov

Contact:

Truman & Co.

Property Subtype:

Residential Income

Date on Market:

2025-04-07

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More details for 8929 E Gulf To Lake Hwy, Inverness, FL - Retail for Sale

3 Bay Shop With Lake Access – Inverness - 8929 E Gulf To Lake Hwy

Inverness, FL 34450

  • Investment Property
  • Retail for Sale
  • $513,184 CAD
  • 4,010 SF
  • Waterfront

Inverness Retail for Sale

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. Its zoning flexibility, renovation quality, and proximity to expanding population centers make it a compelling choice for both users and developers seeking a value-driven asset with upside potential in one of Central Florida’s most dynamic and naturally beautiful submarkets. Growth Outlook: For 8929 E Gulf to Lake Hwy, these trends mean the surrounding market for its services will likely expand. A larger population of lakefront homeowners and anglers will need marine services; more retirees with vehicles will need auto services; and generally, more people in the area means more traffic on SR 44 (boosting visibility) and more potential patrons for any business established there. Demographically, the older skew may favor uses like boat/RV repair or casual dining (as retirees have leisure time), whereas if younger families start moving in over time, there could be additional demand for, say, recreational entertainment or contractor services. The Citrus County economic base is still heavily oriented toward services, retail, and healthcare (with a large regional hospital in Inverness and many medical offices serving the senior population). Unemployment is low, and job growth should follow population growth, albeit the county will likely remain a relatively low-density, semi-rural market with slow-and-steady development rather than rapid urbanization. Zoning and Allowable Uses – Coastal Lakes Commercial (CLC) This category designates those areas suitable for commercial development within the coastal, lakes, and river regions. The commercial uses allowed in this category are water-related, water-dependent, or necessary for the support of the immediate population. The designation is intended for a single commercial use or business on a single parcel of property. Commercial centers are not allowed, but multiple activities operated by a sole entity are allowed. This requirement is not intended to limit the number of structures as long as the development meets all requirements of this LDC. Area Requirements: Maximum Lot Coverage –50%. Floor Area Ratio (non-residential uses only). Allowed Uses: Under CLC zoning, a wide range of commercial activities is permitted, largely comparable to the General Commercial (GNC) uses, but often with an emphasis on water-dependent or tourist-oriented uses. For example, retail stores, marine sales and service, auto/RV repair, contractors’ shops, professional offices, restaurants and bars, and similar general commercial uses are typically allowed by right in CLC (similarly to GNC zoning) The zoning is quite flexible in supporting business opportunities – a county document notes CLC zoning “offers an expansive array of opportunities” including everything from gas stations and convenience stores to offices and eateries. In the case of the subject property, the listing explicitly markets it for “marine, auto, home services, or retail entrepreneurs”, indicating those uses are envisioned and permitted. Outdoor storage yards, boat yards, or small-scale light industrial uses may also be allowable if ancillary to a principal commercial use (for instance, a contractor’s equipment yard or boat storage combined with a retail/office component could fit the code).

Contact:

Century 21 Commercial, Elias George Kirallah

Property Subtype:

Auto Repair

Date on Market:

2025-04-03

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More details for 1115 NE 15th Ave, Fort Lauderdale, FL - Multifamily for Sale

1115 NE 15th Ave

Fort Lauderdale, FL 33304

  • Investment Property
  • Multifamily for Sale
  • $1,558,710 CAD
  • 2,826 SF
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More details for 2025 Dr Martin Luther King Jr St S, Saint Petersburg, FL - Land for Sale

1.16 ac for Multifamily Dev in St. Petesburg - 2025 Dr Martin Luther King Jr St S

Saint Petersburg, FL 33705

  • Investment Property
  • Land for Sale
  • $2,736,980 CAD
  • 1.16 AC Lot
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More details for 5898 NE 4th Ct, Miami, FL - Multifamily for Sale

Strategic Covered Land Play, 4Plex w/ Re-Dev - 5898 NE 4th Ct

Miami, FL 33137

  • Investment Property
  • Multifamily for Sale
  • $1,710,612 CAD
  • 2,674 SF
  • Air Conditioning

Miami Multifamily for Sale - Biscayne Corridor

The Alpha Commercial is pleased to present a prime redevelopment opportunity in one of Miami’s most rapidly evolving corridors. Located at the crossroads of Buena Vista, Upper Eastside, MiMo, and Little Haiti, the property sits in the direct path of transformation, benefiting from ongoing investment and surging demand. Zoned for future redevelopment, the site allows for up to 5 stories and 12 units—tripling its current density and positioning it as a strategic long-term hold in a high-growth market. A walker's paradise, the property is steps from some of the area’s most sought-after retail and dining hotspots, including Chica, Crema Cafe, Sushi Sake, and Flora Plant Kitchen. Its prime location, adjacent to Magic City and the newly completed Boulevard project, offers unmatched visibility and connectivity, enhancing both tenant appeal and future development potential. Currently fully occupied and generating stable income, the asset presents an immediate value-add opportunity through targeted interior upgrades, including bathroom renovations and appliance enhancements. With Miami’s short-term rental market booming, investors can capitalize on strong Airbnb-style returns while benefiting from long-term appreciation in one of the city’s most dynamic neighborhoods. NOTE: The property is currently leased at below-market rents for the traditional tenants with 2 of the 4 units leased to Section 8 tenants. Pro-forma income is $80,177 which takes into account estimated re-assessed taxes, and rent increases to an average of $3.52/Sq. Ft. (a conservative and very do-able figure for a building of this condition in this highly-walkable Eastern location). This would put the buyer at a 6.41% CAP at the current asking price, and would not require additional capX. From there, the play would be hold the asset and re-develop or sell to a developer down the road, as this area continues to evolve, to maximize the zoning rights for up to 12 units and 5 stories. As proof of value for re-development, a 13,347 SF vacant land parcel 2 doors down at 454 NE 58 ST just sold for $2,000,000.

Contact:

The Alpha Commercial

Property Subtype:

Apartment

Date on Market:

2025-03-27

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More details for 2625 NE 13th Ct, Fort Lauderdale, FL - Multifamily for Sale

Casa Sul Mare - 2625 NE 13th Ct

Fort Lauderdale, FL 33304

  • Investment Property
  • Multifamily for Sale
  • $4,516,017 CAD
  • 9,485 SF
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More details for 9310 Baldridge Dr, Pensacola, FL - Retail for Sale

9310 Baldridge Dr

Pensacola, FL 32514

  • Investment Property
  • Retail for Sale
  • $3,147,527 CAD
  • 6,364 SF
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More details for 1661 Votaw Rd, Apopka, FL - Specialty for Sale

Apopka Votaw 5 Unit Rental - 1661 Votaw Rd

Apopka, FL 32703

  • Investment Property
  • Specialty for Sale
  • $1,915,886 CAD
  • 5,900 SF
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More details for 60 Assisted Living Dr, Pensacola, FL - Health Care for Sale

60 - Plus Beds Assisted Living Facility - 60 Assisted Living Dr

Pensacola, FL 32506

  • Investment Property
  • Health Care for Sale
  • $5,747,658 CAD
  • 18,182 SF
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