5701 S Pleasant Grove Road Inverness, FL 34452
Opportunity awaits with this former Assisted Living Facility. This well-constructed concrete block building was built in 1982 with an effective age of 1985 and is a total of 6, 888 SF. Situated on a 1.52-acre corner lot at the northeast corner of CR 581/S Pleasant Grove Road (8, 800 AADT) and E Amy Lane, the property features over 200 feet of road frontage, 11 parking spaces, and is zoned High Density Residential. This zoning allows, with the approval of a PUD, up to 20 residential units per acre and various other uses including but not limited to Assisted Living Facilities, Nursing Homes, Medical/Dental Offices, and Professional Offices. Previously licensed as a 24-bed Assisted Living Facility with 11 lodging rooms, the building includes a kitchen area, a large dining room, an office, and a courtyard setting with a water feature. This site is easily accessible and conveniently located just 4.45 miles from the city limits of Inverness, home to the Citrus County Property Appraiser, Clerk of Courts, and much more. With the recent expansion of the Suncoast Parkway and future extensions, Citrus County is poised for significant growth within the Tampa MSA. Just a 15-minute drive from the property is an ideal customer base of 46, 361 residents, with an average age of 58 and a median household income of $65, 000. Strong market consumer expenditures reveal that 66% of residents dine out at restaurants/steakhouses and 89% frequent fast food restaurants. Moreover, given the median age of 58, the area population has spent over $106 million on healthcare services.
- Property TypeCommercial
- NeighborhoodNot On List
- CountyCitrus
- Taxes$7,877
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusPending
- MLS ID Number834041
- Home Size Source Public Records
- Year Built1982
- Lot Size1.52 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Parking Parking Spaces
- Parking Spaces 11
- Sewer Septic Tank
- Electric 200+ Amp Service
- Number of Stories 111
- Acreage 1.52
- Water Well
- Cross Street E Amy Lane
- Foundation BlockSlab
- Zoning HDR, HDRM
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Flooring Laminate
- Interior High Ceilings
Exterior Features
- Roof AsphaltShingle
- Waterfront Property No
- Lot ClearedCorner LotFlat
- Road Frontage County Road
Community Features
- MLS Area 6