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Active · Single Family

8929 GULF TO LAKE HIGHWAY

INVERNESS, FL 34450

Beds
Baths
Area
4,010 sqft
Single FamilyBuilt 197233,977 sqft lotNone$83.5/sqft501 days on market

About this home

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.

Facts & features

Interior

Living area
4,010 sqft
Cooling
None
Flooring
Concrete
Stories
1

Exterior & lot

Lot size
33,977 sqft (0.78 ac)
Roof
Shingle
Construction
Stucco

Financial

Annual tax
$3,589 (2023)
Price / sqft
$83.5/sqft

Utilities

Water
Public, Well
Sewer
Public Sewer, Septic Tank
Utilities
Electricity Available, Public

Property

Property type
Single Family
Year built
1972
Subdivision
HICKORY HILL RETREATS UNIT 02
County
Citrus

Listing

Status
Active
Days on market
479 days
MLS #
MFR755161346
Source
Stellar MLS

Listed by Elias Kirallah · CENTURY 21 J.W.MORTON R.E.

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$325k
−3.0% vs asking
$305k low$345k high

Based on 22 comparable sales within 1 mile of INVERNESS, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$1,993/mo
Principal & interest
$1,694/mo
Property tax
$299/mo
Home insurance
$0/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 14, 2026Price reduced$335,000−$84,000
Apr 2, 2025Listed$419,000

NeighbourhoodSample data

Reference scores for INVERNESS, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
75/ 100
Very walkable
Transit Score
64/ 100
Good transit
Bike Score
71/ 100
Very bikeable
Elementary school
10/ 10
Top-rated
Middle school
6/ 10
Above average
High school
10/ 10
Top-rated

Location

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