#811656, Listing Office: Century 21 J.W.Morton R.E.
Property details
About 4038 N Modelwood Dr
PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 -acre site is zoned for a variety of commercial uses, including, Gas Station/C-Store quick-service restaurants (QSR) with drive-thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive-thru. The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property. Adjacent to Lot 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000 Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property-related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.
Highlights
Home typeUnimproved Land
StatusActive
Lot size1.74 Acres
MLS #811657
Summary
- List Price: $1,000,000
- Annual Tax Amount: $9,742
- Tax Year: 2023
- Lot: Cleared, Level
- Directions: Just off N Lecanto Hwy.
- Lot Size: 1.74 Acres
- MLS Number: 811657
- MLS Name: CitrusCounty
- Office Name: Century 21 J.W.Morton R.E.
- Office Phone: (352) 726-6668
- Office Email: waynebuhlerc21@gmail.com
Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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4038 N Modelwood Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 27, 2010 | Home Sold | $251,000 |
| Sep 13, 2007 | Home Sold | $1,200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $646,950 | $9,742 |
| 2022 | $646,950 | $9,387 |
| 2021 | $623,410 | $9,387 |
| 2020 | $623,410 | $8,566 |
| 2019 | $508,700 | $7,674 |
| 2018 | $508,700 | $7,848 |
| 2017 | $508,700 | $7,848 |
History based on county public records data.
Nearby schools
5
Forest Ridge Elementary School
Public District PK-5
2.0 mi
•2927 N Forest Ridge Blvd
4
Central Ridge Elementary School
Public District PK-5
3.9 mi
•185 W Citrus Springs Blvd
4
Citrus Springs Elementary School
Public District PK-5
4.2 mi
•3570 W Century Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,809. The most common annual income of people living in Beverly Hills, FL is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
22%
<35k
54%
35k-100k
17%
100k-200k
7%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
4%
Single, with Kids
59%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
8%
18-34 yrs old
41%
35-64 yrs old
36%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
NASCAR
Soccer
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Old Navy
Where do the neighbors go to eat?
Bob Evans
Arbys
Jimmy Johns
What do the neighbors drive?
Lincoln
GMC
Buick
What do the neighbors listen to?
News/Talk/Information
Adult Hits
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4038 N Modelwood Dr
The listing price of 4038 N Modelwood Dr property is $1,000,000.
The property 4038 N Modelwood Dr is land located in Beverly Hills, Florida, 34465.
Active Listing: 4038 N Modelwood Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4038 N Modelwood Dr are: Forest Ridge Elementary School (GreatSchools Rating 5/10), Central Ridge Elementary School (GreatSchools Rating 4/10), Citrus Springs Elementary School (GreatSchools Rating 4/10), Citrus Springs Middle School (GreatSchools Rating 6/10), Lecanto Middle School (GreatSchools Rating 5/10), Crystal River Middle School (GreatSchools Rating 3/10), Cypress Creek Treatment Center (GreatSchools Rating 1/10), Crystal River High School (GreatSchools Rating 3/10), Lecanto High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $9,742 (source: MLS/based on county public records data).
The last sale was on August 27, 2010 for $251,000 (source: MLS/tax record).
The property 4038 N Modelwood Dr is 1.74 acres.
This home is located at 4038 N Modelwood Dr in Beverly Hills, FL and zip code 34465. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,000,000.
Beverly Hills, FL housing market in May 2025 saw over 8 listings sold above listed price, more than 8 sold at listed price and over 53 sold below. In May 2025 in Beverly Hills, FL there were 5.3% more homes for sale than in April. The median list price of listings available in May 2025 was $279,188, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.