#836373, Listing Office: Epique Realty Inc
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. This site is ideally positioned to benefit from the recently completed extension of the Suncoast Parkway and future expansions, with Citrus County poised for significant growth within the Tampa MSA. Located just 15 minutes from a customer base of 46,361 residents with an average age of 58 and a median household income of $65,000, the property also enjoys proximity to growing populations in Floral City (7.8 miles), Lecanto (2 miles), Crystal River (10 miles), and Homosassa (15 miles).
Highlights
Summary
- 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: 3/12/2025, 7:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
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
1.9 mi
•2927 N Forest Ridge Blvd
4
Central Ridge Elementary School
Public District PK-5
4.0 mi
•185 W Citrus Springs Blvd
4
Citrus Springs Elementary School
Public District PK-5
4.3 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. Typical income of Beverly Hills, FL residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 4038 N Modelwood Dr
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.
In February 2025, from all listings sold in Beverly Hills, FL there were more than 4 sold above asking price, over 35 sold below and more than 4 were sold right at the asked price. In February 2025 in Beverly Hills, FL there were 8.4% more homes for sale than in January. In February 2025, listings were on the market for 86 days. During the same period, the median list price in this real estate market was $283,595.