#OM693561, Elias Kirallah, Listing Office: CENTURY 21 J.W.MORTON R.E.
Property details
About 3132 W Gulf To Lake Hwy
Located just under one mile east of the newly expanded 589 Toll Road/Suncoast Parkway, this 4.78-acre property is strategically positioned on SR 44/W Gulf to Lake Hwy, a major thoroughfare with 26,000 AADT (Annual Average Daily Traffic) and 600 feet of highway frontage, ensuring maximum visibility. Situated just east of the controlled intersection of SR 44 and CR 491, the site benefits from close proximity to the Central Ridge District’s expanding retail hub, home to national retailers such as Target, Walmart, and various other commercial establishments. Additionally, the property serves affluent residential communities, including Citrus Hills, Terra Vista, Pine Ridge, and Black Diamond Ranch. Within a 15-minute drive, the immediate area boasts a population of 46,361 residents, with an average age of 58 and a median household income of $65,000, making it well-positioned for long-term commercial viability, and easy access to Inverness (10.5 miles), Beverly Hills (6 miles), Hernando (10 miles), Crystal River (7.9 miles) and Homosassa (10.1 miles) the ability to reach the Tampa International airport within 1 hour from the subject property. From a development perspective, the site offers significant flexibility under General Neighborhood Commercial zoning, permitting up to 70% lot coverage and accommodating a broad range of commercial and residential uses. Approved uses include multifamily residential development with a density of six to ten units per acre (with a PUD), nursing homes, general retail, shopping centers, regional medical facilities, medical and professional offices, restaurants (including drive-thru establishments), financial institutions, and several conditional uses subject to approval. This zoning flexibility allows developers to tailor projects to meet the growing demand in the region while ensuring compliance with evolving market trends. As part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), the 18th largest metro area in the United States, Citrus County is experiencing rapid population growth, with projections estimating an increase from 153,600 to 350,000 residents by 2030. This growth is driving an expanding demand for residential and commercial infrastructure, reinforcing the need for well-positioned development sites. The recent $135 million expansion of the Suncoast Parkway has further enhanced accessibility, positioning Citrus County as a key gateway to the Tampa Bay region and strengthening its attractiveness for investment. Given its prime location, robust market demographics, and diverse zoning potential, this property represents an exceptional opportunity for developers and investors looking to capitalize on Citrus County’s ongoing economic and population expansion. The combination of high-visibility frontage, strong consumer demand, and regional infrastructure improvements makes this site a compelling investment for long-term commercial success.
Highlights
Virtual tour
Summary
- MLS Number: OM695355
- MLS Name: MFRMLS
- Office Name: CENTURY 21 J.W.MORTON R.E.
- Listing Agent: Elias Kirallah
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,250,000
3132 W Gulf To Lake Hwy
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $215,660 | $3,429 |
2022 | $215,660 | $195 |
2021 | $209,110 | $195 |
2020 | $209,110 | $195 |
2019 | $195,520 | $- |
2018 | $181,250 | $- |
2017 | $181,250 | $- |
History based on county public records data.
Nearby schools
5
Lecanto Primary School
Public District PK-5
2.1 mi
•3790 W Educational Path
6
Rock Crusher Elementary School
Public District PK-5
3.2 mi
•814 S Rock Crusher Rd
5
Forest Ridge Elementary School
Public District PK-5
4.3 mi
•2927 N Forest Ridge 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 $61,638. Most Lecanto, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
About 3132 W Gulf To Lake Hwy
This home is located at 3132 W Gulf To Lake Hwy in Lecanto, FL and zip code 34461. Features: 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $1,250,000.
In February 2025, from all listings sold in Lecanto, FL there were more than 0 sold above asking price, over 14 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Lecanto, FL between January and February 2025 increased by 3.8%. The median list price of listings available in February 2025 was $339,833, while the average time on the real estate market was 77 days.