8929 Gulf To Lake Highway, FL8929 Gulf To Lake Highway, FL8929 Gulf To Lake Highway, FL
Stellar MLS
1 / 47

$319,900

8929 Gulf To Lake Highway

Inverness, FL 34450

Listing updated: September 7, 2026 at 2:30 PM ET

Active
Stellar MLSListing courtesy of Century 21 J.W.Morton R.E. · Elias Kirallah · MLS #OM698589 · Active · 352-726-6668
0
Baths
4,010
Sq Ft
0.78
Acres
1972
Built
Water viewWater access$80/sqft360° tour
Retail

Property type

1972

Year built

33,977 sqft

Lot size

$80

Price / sq ft

No HOA

HOA dues

503

Days on market

AE,X

Flood zone

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.

Estimated monthly payment

Principal & interest$1,618
Property taxes$299
Home insurance (est.)$147

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history503 days on market

  1. Status: Active
    Jun 17, 2026
  2. Listed$419,000
    Apr 2, 2025
  3. Price reduced$319,900

Facts & features

Property type
Commercial Sale
Sub type
Retail
Status
Active
Days on market
503
Subdivision
Hickory Hill Retreats Unit 02
County
Citrus
Year built
1972
Living area
4,010 sq ft
Price/sq ft
$80
Lot size
33,977 sq ft
Lot category
1/2 to less than 1
Flood zone
AE,X
Annual taxes
$3,589 (2023)
Parcel #
20E-19S-11-0020-00040-0030
Zoning
CLC & CLR
MLS #
OM698589

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Interior Details

Flooring
Concrete
Stories / Levels
Two
Direction faces
East

Heating & Cooling

Cooling
None

Parking

Parking features
Parking Spaces - 1 to 5

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Corporation

Exterior & Construction

Construction materials
Stucco
Roof
Shingle
Foundation
Slab
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

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

Listing Details

Listing date
2025-04-02
On market date
2025-04-02
Original list price
$419,000
Occupant type
Owner
MLS area
34450 - Inverness
Listing AOR
Ocala - Marion
Status changed
2026-06-17
Tax legal description
HICKORY HILL RETS UNIT 2 PB 3 PG 75 LOTS 3 & 4 BLK 4

Flood risk

High riskFEMA Zone AE,X

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Coming from Inverness downtown, enter US Highway 41 and head southeast for .5 Miles until you reach an intersection. Enter E Gulf To Lake Highway and head North East for about 4.4 Miles until you reach the property in 7 Minutes on your left side.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX 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.

Based on information submitted to the MLS GRID as of September 7, 2026 at 2:30 PM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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