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4551 W CARDINAL STREET

Commercial Recently Sold
$700,000

BTC: 11.32686084

ETH: 400.91638030

Sold on: 2024-02-16
49 days
0 room(s)
8,000 sqft

Overview

Prime mixed-use service plaza with 5 units, totaling an 8,000 SF (40’x40’) 1990-built CBS building with 5 10’x10’ grade-level doors, 41 parking spaces (5 handicap stalls) with semi friendly loading, oversized DRA for future expansion, a recent roof replacement in 2014, City Water, and Septic, with future expansion of the sewer in the area. Currently zoned RURMH with an approved permit allowing for non-conforming commercial use and also situated in the newly designed IMA interchange management area. Situated on 2.26 acres with 329’ of Cardinal Street (7,900 AADT) frontage and growing. Located just 0.6 miles east of the newly extended Suncoast Parkway 2 and Cardinal Street interchange, just off the corner of W Cardinal Street and S Eastern Avenue. Centrally located and easily accessible via the Suncoast Parkway (1 Mile), to the east CR 491 (Miles), and US 19 (Miles). This property’s prime location places it amidst the flourishing communities of Floral City, Inverness, Crystal River, Citrus Springs, Beverly Hills, Lecanto, and Ocala. Citrus County is currently home to 153,600 residents and will have exponential growth with an estimated 350,000 residents under Citrus County’s Land Development Code. Infrastructure development is underway to accommodate the expected 30,000 new residents by 2030. Citrus County is Florida’s hotspot for development and growth, boasting 61,000 platted, recorded vacant parcels. Citrus County is part of the Tampa–St. Petersburg–Clearwater MSA, which is the 18th largest in the U.S. This all underscores Citrus County as one of the nation's premier real estate markets.

Location

Details

Type:
Commercial Sale
Parking:
Over 30 Spaces
Year Built:
1990
Lot:
2.26 Acres
Heating:
No Data
Price/sqft:
$91
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$3,544
2022
All facts and features
  • Flooring

    • Concrete

    Cooling

    • Other

  • Parking

    • Over 30 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 2.26 Acres

    Other Property Information

    • Parcel Number: 17E19S350080000000750

    • Zoning: RURMH

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Electricity Available

    • Public

  • Other financial information

    • Annual tax amount: $3,545

  • Source details

    • MLS ID: OM668049

    Other facts

    • Construction Materials: Block / Brick

    • Foundation Details: Slab

    • Lot Features: FloodZone / Oversized Lot

    • Direction Faces: West

    • Living Area: 8000

    • Water Source: Public

    • Lot Size Dimensions: 329 x 297

    • Subdivision Name: GULF HWY LAND UNIT 08

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 J.W.MORTON R.E.