8839 W Ozello Trail, Crystal River, FL 34429
Vacant Buildable Land and PRIME LOCATION! This 10.80 acre Commercial…
$1,100,000.00
$6,900,000.00
Located in the Central Ridge Growth District of Citrus County, Florida, within the Tampa/St. Petersburg MSA, this 45.5-acre property offers exceptional development potential. The site features over 1,315 feet of highway frontage along SR 44, with a traffic count exceeding 26,000 AADT per day. Public utilities are accessible within 500 feet, ensuring infrastructure readiness. Its strategic location, just 2.5 miles west of the expanding 589 Toll Road’s North-South interchange, benefits from a $165 million state-funded expansion, reducing drive time from Tampa to Citrus County to under an hour.
Zoned General Neighborhood Commercial (GNC), this property supports an extensive range of residential and commercial uses, making it a highly flexible investment. GNC zoning allows for one of the highest development intensities in Citrus County, with up to 70% lot coverage under the county’s Land Development Code. Permitted commercial uses include medical offices, retail centers, government buildings, and light manufacturing. The site has even received prior approval for medical marijuana cultivation and processing, contingent on regulatory changes. On the residential side, it accommodates single-family homes, multi-family residences, condominiums, mobile homes, and tiny homes, allowing up to 10 units per acre with Planned Unit Development (PUD) approval.
The property’s development potential is substantial. With PUD approval, it can support 360 attached condominium units, 144 single-family residences, or 360 mobile home units. Commercial development opportunities include professional and medical office complexes, hospitals, government buildings, light manufacturing, warehousing terminals, and retail operations with a 70% Floor Area Ratio (FAR).
Within a five-mile radius, thousands of homes are under development by national and regional builders, along with new regional shopping districts.
Additional Information
County: Citrus
Subdivision: Not on List
Property/Construction Information
Lot Size (Acres): 45.5800
Architectural Style:
Appliances:
Flooring:
Lot Features: Acreage,Cleared
Pool:
Living Area (Sq. Ft.):
School Zoning
Elementary School: Lecanto Primary
Middle School: Lecanto Middle
High School: Lecanto High
Listing Information
Listing ID: 840903
Listing Status: Active
Days On Market: 88
Listing Agent: Elias Kirallah
Listing Agency: Century 21 J.W.Morton R.E.
Listing Agent ID: agentkirael3
Listing Agency ID: agency0470
Vacant Buildable Land and PRIME LOCATION! This 10.80 acre Commercial…
$1,100,000.00
VACANT LOT AVAILABLE FOR YOUR NEW SINGLE – FAMILY HOME…
$23,500.00