8929 E GULF TO LAKE HIGHWAY
Inverness, FL, 34450 $ 375,000
Bedrooms-- Baths-- Sq 4,010 Monthly Estimate*
$ 2,340
for $375,000. This 4,010 square foot building was built in 1972 on a lot size of 0.78.
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.
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FeaturesGeneralSewer public sewer septic tank
Cooling none
Utilities electricity available public
Roof shingle
Zoning clc & clr
Construction Materials stucco
Year Built 1972
Electric 3 phase 440 volts
Levels two
Property Subtype retail
Tax Year 2023
Ownership corporation
Additional Parcels Description 20e19s110020 00040 0020 20e19s110020 00040 0010
County citrus
New Construction no
Property Type commercial sale
HOA N
Subdivision Name hickory hill retreats unit 02
Facing Direction east
Building Features bathrooms
Other Structures garage(s)
Status active
Directions coming from inverness downtown enter us highway 41 and head southeast for .5 miles until you reach an intersection. enter e gulf to lake highway and head north east for about 4.4 miles until you reac
City inverness
Number Of Units Total 2
MLS Area 34450 - inverness
Lot Size Units square feet
Lot Size Square Feet 33977
Listing Terms cash conventional
Tax Annual Amount 3589.42
Property Condition completed
Additional Parcels Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/om698589
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 3
Legal Description hickory hill rets unit 2 pb 3 pg 75 lots 3 & 4 blk 4
Water View lake
Water Access Type lake
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code ae x
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InteriorFlooring concrete
Total Stories 1
Air Conditioning Y/N no
Total Baths 0
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ExteriorVegetation trees
Parking Features 1 to 5 spaces
Lot Features floodzone
Water Source public well
Lot Size Area 33977
Foundation Details slab
Number of Buildings 1
Building Area Total 4010
Lot Dimensions 220 x 120
Lot Size Acres 0.78
Road Surface Type paved
Waterfront Y/N no
Road Frontage Type street paved highway
Number of Lots 3
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* Excluded FeaturesList ByCentury 21 J.W.Morton R.E.Broker
Elias@eliasgeorge.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,340
- Monthly Property Taxes
- $299
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Inverness, FL
Average List Price $1,296,062
Percent of Sale Price 246%
About Inverness, FL 7,568 Population
13% Since 2002
$ 28,461 Median Income
51.81 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $375,000 | -3.82% | Price Down |
| 10/23/2025 | $389,900 | -0.26% | Price Down |
| 10/22/2025 | $390,900 | -0.26% | Price Down |
| 10/21/2025 | $391,900 | -0.51% | Price Down |
| 10/17/2025 | $393,900 | -0.25% | Price Down |
| 10/16/2025 | $394,900 | -1.00% | Price Down |
| 10/10/2025 | $398,900 | -0.25% | Price Down |
| 7/28/2025 | $399,900 | -2.44% | Price Down |
| 6/30/2025 | $409,900 | -1.11% | Price Down |
| 6/3/2025 | $414,500 | -0.12% | Price Down |
| 4/29/2025 | $415,000 | -0.95% | Price Down |
| 4/2/2025 | $419,000 | | Listed Price |