Property
ActiveCommercial
1/47
$335,000

8929 E GULF TO LAKE HIGHWAY

Inverness, FL 34450
0
Beds
0
Baths
4,010
SqFt
0.78
Acres
STELLAR
#OM698589
Updated: Jun 17, 2026, 3:38pm

Property Description

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.
Launch 3D Virtual Tour
Opens in a new window

Property Details

Interior
Building Area Total
4010
Door Height
12x15
Flooring
Concrete
Living Area
4010
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Stucco
Direction Faces
East
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Property Condition
Completed
Roof
Shingle
Stories Total
Yes
Year Built
1972
Site & Exterior
Electric
3 Phase440 Volts
Flood Zone Code
AEX
I D X Participation
Yes
Lot Features
FloodZone
Lot Size Acres
0.78
Lot Size Area
33977
Lot Size Dimensions
220 x 120
Lot Size Square Feet
33977
Lot Size Units
Square Feet
Number Of Lots
3
Other Structures
Garage(s)
Parking Features
1 to 5 Spaces
Public Survey Range
20E
Public Survey Section
11
Road Frontage Type
Street PavedHighway
Road Surface Type
Paved
Sewer
Public SewerSeptic Tank
Total Acreage
1/2 to less than 1
Utilities
Electricity AvailablePublic
Vegetation
Trees
Water Access
Yes
Water Source
PublicWell
Water View
Yes
Zoning
CLC & CLR
Financials
Additional Parcels
Yes
Additional Parcels Description
20E19S110020 00040 0020, 20E19S110020 00040 0010
Calculated List Price By Calculated Sq Ft
83.54
Contract Status Change Date
2025-04-02
Current Price
335000
Feed Types
BBO
Owner Name
ERIC HOBEIN
Ownership
Corporation
Parcel Number
20E19S110020000400030
Public Survey Township
19S
Tax Annual Amount
3589.42
Tax Block
4
Tax Book Number
3-75
Tax Legal Description
HICKORY HILL RETS UNIT 2 PB 3 PG 75 LOTS 3 & 4 BLK 4
Tax Lot
3
Tax Year
2023

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34450 - Inverness
Subdivision Name
HICKORY HILL RETREATS UNIT 02
Listing provided courtesy of STELLAR via IDX. Updated: Jun 17, 2026, 3:38pm.
Elias Kirallah

Listing Agent

CENTURY 21 J.W.MORTON R.E.

Call Agent