3413 E Gulf to Lake Hwy, Inverness, FL 34453 For Sale

Prime Highway Commercial Corner

.53 Acres on SR 44 Inverness, Florida

Property Video: https://properties.admiredimage.com/videos/019488de-4ad8-71ff-87ef-68b76d15b60f?v=9

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Deeply integrated into the SR 44 Commercial Corridor, which spans the entirety of Citrus County, this 0.53-acre General Commercial property offers exceptional development potential with public water access and a future sewer connection. Positioned at the northeast corner of SR 44 and S Arlene Ave, the site is just 3.5 miles east of Downtown Inverness, home to key county government offices, including the Citrus County Clerk of Courts, Tax Collector, Property Appraiser, and Citrus Memorial Hospital.

Located 1.3 miles west along SR 44, the property benefits from proximity to well-established national retailers, including Walmart, Lowe’s, TJ Maxx, Regal Cinema, and several junior retail sites featuring quick-service restaurants and financial institutions. With its General Commercial zoning, this site allows for a wide range of uses, permitting up to 70% utilization for development, making it ideal for general retail, medical offices, or professional office space—particularly given the growing demand from nearby residential communities such as Citrus Hills Estates and the greater Inverness area.

The Inverness community is home to 32,510 residents, while Citrus County as a whole supports a population of over 155,000. With the Suncoast Parkway Extension recently completed, the area is now just an hour’s drive from Tampa International Airport, creating stronger connectivity to three bordering counties and unlocking new opportunities for economic growth. As part of the 18th largest Metropolitan Statistical Area (MSA) in the U.S., the region is experiencing a significant wave of development, with 60,000 vacant parcels of land available for future construction, millions of dollars invested in infrastructure expansion, and zoning allowances designed to accommodate a future population of 350,000 residents.

This prime section of Florida’s real estate market continues to offer an affordable alternative to surrounding markets while maintaining access to thousands of acres of natural preserves, waterways, and a thriving active adult community. With a low property tax base and increasing demand, growth in Citrus County is undeniable. Now is the time to invest in our community and secure your place in the Gem of the Florida Nature Coast.

Property Highlights

• 0.53-acre General Commercial property within the SR 44 Commercial Corridor

• 55 feet of highway frontage with public water access and a future sewer connection

• Located at the northeast corner of SR 44 and S Arlene Ave

• Just 3.5 miles east of Downtown Inverness, home to key government offices and Citrus Memorial Hospital

Strategic Location & Accessibility

• High-traffic area with 31,500 daily vehicles (FDOT verified)

• 1.3 miles from major national retailers including Walmart, Lowe’s, TJ Maxx, and Regal Cinema

• Surrounded by quick-service restaurants, financial institutions, and medical offices

• 9.4 miles from the Suncoast Parkway Extension, providing direct access to Tampa International Airport in under an hour

Development Potential & Zoning

• General Commercial zoning allowing up to 70% site utilization

• Ideal for general retail, medical offices, or professional office space

• Positioned for future economic and residential growth

Market & Growth Outlook

• Inverness population: 32,510 residents

• Citrus County population: 155,000+ residents

• Rapid development expected with 60,000 vacant parcels available for future construction

• 350,000 residents projected as part of the county’s long-term land development plan

• Millions in infrastructure investments enhancing accessibility and market demand

Investment Opportunity

• Affordable alternative to surrounding markets with a low property tax base

• Strong demand driven by economic expansion, new infrastructure, and lifestyle amenities

• Surrounded by nature preserves, waterways, and an active adult community

• Positioned within one of the largest MSAs in the U.S., ensuring long-term appreciation

Logistic Details:

County Road 486 runs entirely along West Norvell Bryant Highway. It runs West to East from SR 44 east of Crystal River into US-41 in Hernando, just south of the southern terminus of SR 200. The route was once the former SR 486. County Road 486 spans 4 lanes, is almost entirely a divided highway, and is flanked by a parallel bicycle path on the south side.

County Road 491 is Lecanto Highway, a bi-county South to North road that begins at the Hernando-Citrus County Line in Oak Grove near the Withlacoochee State Forest and ends at SR 200 in Stoke's Ferry, just south of the intersection with the northern segment of CR 39. It was formerly designated as SR 491.

County Road 44 (often marked as County Road 44W) exists as the western tip of old Florida State Road 44, south of "Downtown" Crystal River. The suffix "W" was most likely added to not confuse this section with State Road 44, to the north, and to show its location by being west of US 19 and US 98(SR 55). As with the majority of these types of 'coastal spur' routes, in West Central Florida, it is county-maintained.

U.S. Route 19 (US-19) runs 264 miles (425 km) along Florida's West Coast from an interchange with U.S. Route 41 in Memphis, Florida, south of Tampa, and continues to the Georgia border north of Monticello, Florida. Newly 6 lane Highway was constructed from the Hernando County line to Fort Island Trail and US 19 in Crystal River, Florida.

Suncoast Parkway:

The Suncoast Parkway recently opened was a $135 Million Dollar expansion that extends 13 miles north from US-98 to SR 44 which features 15 new bridges, electronic tolling gantries, and the extension of The Suncoast Trail part of the Florida's Statewide Greenways and Trail System. The Suncoast Parkway is just 68 Miles 1 hour and 15 mins from Tampa making it a great commuting Highway for the workforce seeking to be outside of the Tampa traffic. The Veterans Expressway and Suncoast Parkway is a north–south toll road near the Florida Gulf Coast. Maintained and operated by Florida's Turnpike Enterprise, this 68-mile transportation corridor extends from State Road 60 in Tampa, north to State Road 44 near Lecanto.

Citrus County Growth:

Citrus County, Florida's estimated population is 155,582 with a growth rate of 1.29% in the past year according to the most recent United States census data. Citrus County, Florida is the 34th largest county in Florida. The 2010 Population was 141,173 and has seen a growth of 10.21% since this time. Citrus County's current LDC allows for approximately a population of 350k residencies. Given the expansion of the Suncoast Parkway and the 6-lane expansion of US 19, we are in the path of tremendous growth. Currently, Citrus County has 60,000 vacant parcels of land prime for development. The County and incorporated Cities have plans for extensive utility expansion throughout the county including the expansion of the Crystal River Airport Runway 5000 feet to allow for larger aircraft to land and take off including a newly funded 75 acres industrial complex granted by the state to expand utilities, road reconstruction to support eighteen wheelers and to include environmentally friendly and energy conservation features.