$8,711,000
Price increased by $1,565,000 on Jul 31, 2026
Lots & Land Other
- 429.74 Ac lot
- Updated: August 7
- MLS#851430
About the Property
Presented for acquisition is a rare, high-and-dry ±429-acre land assemblage with three points of legal road access in Citrus County, Florida, strategically positioned within the Tampa–St. Petersburg MSA—one of the nation’s fastest-growing regions with over 3.3 million residents. Citrus County continues to capture value-driven in-migration as growth expands north from Tampa. The property offers str
Presented for acquisition is a rare, high-and-dry ±429-acre land assemblage with three points of legal road access in Citrus County, Florida, strategically positioned within the Tampa–St. Petersburg MSA—one of the nation’s fastest-growing regions with over 3.3 million residents. Citrus County continues to capture value-driven in-migration as growth expands north from Tampa. The property offers strong regional connectivity, located minutes from Crystal River, Lecanto, Homosassa, Inverness, and the Ocala MSA. Access is further enhanced by the recently extended Suncoast Parkway, a $180 million state investment now reaching CR 486 with planned continuation toward US-19, placing the final expansion corridor near the site. Zoned RUR/MH, the assemblage sits between higher-density growth corridors and surrounding agricultural and conservation lands. The site includes 41 previously platted single-family lots averaging ±1.5 acres, providing near-term monetization potential. Remaining acreage supports residential development at one unit per ten acres, with density increases to one unit per five acres achievable through a Planned Unit Development (PUD). Permitted uses include single-family residential, agricultural operations, and water and wastewater utility facilities, with additional conditional uses such as assisted living, attached housing, communications infrastructure, and community-serving facilities—significantly expanding development optionality. Citrus County is actively advancing comprehensive plan updates under its 2050 Vision, transitioning away from legacy DRI structures toward expanded Public Service Areas and flexible development agreements. Additionally, the Florida Live Local Act offers a compelling entitlement-acceleration pathway, allowing limited workforce or affordable housing components to unlock zoning certainty, density flexibility, and compressed approval timelines. This offering represents a high-conviction land-banking and entitlement-arbitrage opportunity, combining near-term lot sales with mid-term entitlement upside and long-term value creation driven by infrastructure investment and sustained regional growth.
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5030 W Dunklin Street, Dunnellon, FL 34433, Florida, United States
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CENTURY 21 J W Morton Real Estate, Inc.
1645 West Main Street, 34450, Inverness, Florida, United States
View agency profile
> CENTURY 21, J. W. MORTON REAL ESTATE, INC. was founded in 1978 as Citrus
> County’s first Century 21 re
> County’s first Century 21 re
> CENTURY 21, J. W. MORTON REAL ESTATE, INC. was founded in 1978 as Citrus
> County’s first Century 21 real estate office. Since then, we have worked hard
> to serve Citrus, Marion, Sumter, and Hernando County’s residential real estate
> needs. In addition, our commercial division serves all of Florida. For the
> 20th straight year, the Century 21 brand has proven to be the most recognized
> real estate brand in real estate. Century 21 ranks the “Highest in Overall
> Satisfaction for First Time Buyers, Repeat Home Buyers, and Sellers”. As a top
> performing Century 21 office in Florida, Century, 21 J. W. Morton was #1 in
> single office sales with 1785 units sold and $265,000,000 in sales volume. As
> one of Century 21’s elite offices we have received awards including “Highest
> Production Per Associate”, Quality Service Award”, and Top 1.5% of all Century
> 21’s offices earning the coveted “Centurion” award for both individuals and
> office and the “Grand Centurion” was awarded four times as the #1 office in
> the Southeast Region and one time the “Southeast Century 21 Region’s Top
> Commercial Performance” award. In [hidden information], and 2022 year to date
> Century 21, J. W. Morton Real Estate, Inc. ranks #1 in Citrus County among the
> 350+ real estate brokerage firms.
>
>
>
> Our services include residential and commercial sales, property management,
> leasing, community development, new construction, and investment
> opportunities. With over 72 real estate professionals we will continue to
> serve our customers’ real estate needs by being a truly full-service real
> estate company. In addition, through our business relationships, we can assist
> with finding the proper professional support services including accounting,
> tax and legal consultants, insurance, title companies, banking, and financial
> advisors. It is our belief that “our customer’s needs always come first”. It
> is our goal and mission to achieve 100% customer satisfaction.
>
>
>
> When considering a real estate company please consider the services of Century
> 21 J. W. Morton Real Estate, Inc. With over 44 years of experience, knowledge,
> and a proven track record we will meet all your real estate needs and
> expectations!
>
>
>
> Thank You,
>
>
>
> J. W. Morton, Broker
> County’s first Century 21 real estate office. Since then, we have worked hard
> to serve Citrus, Marion, Sumter, and Hernando County’s residential real estate
> needs. In addition, our commercial division serves all of Florida. For the
> 20th straight year, the Century 21 brand has proven to be the most recognized
> real estate brand in real estate. Century 21 ranks the “Highest in Overall
> Satisfaction for First Time Buyers, Repeat Home Buyers, and Sellers”. As a top
> performing Century 21 office in Florida, Century, 21 J. W. Morton was #1 in
> single office sales with 1785 units sold and $265,000,000 in sales volume. As
> one of Century 21’s elite offices we have received awards including “Highest
> Production Per Associate”, Quality Service Award”, and Top 1.5% of all Century
> 21’s offices earning the coveted “Centurion” award for both individuals and
> office and the “Grand Centurion” was awarded four times as the #1 office in
> the Southeast Region and one time the “Southeast Century 21 Region’s Top
> Commercial Performance” award. In [hidden information], and 2022 year to date
> Century 21, J. W. Morton Real Estate, Inc. ranks #1 in Citrus County among the
> 350+ real estate brokerage firms.
>
>
>
> Our services include residential and commercial sales, property management,
> leasing, community development, new construction, and investment
> opportunities. With over 72 real estate professionals we will continue to
> serve our customers’ real estate needs by being a truly full-service real
> estate company. In addition, through our business relationships, we can assist
> with finding the proper professional support services including accounting,
> tax and legal consultants, insurance, title companies, banking, and financial
> advisors. It is our belief that “our customer’s needs always come first”. It
> is our goal and mission to achieve 100% customer satisfaction.
>
>
>
> When considering a real estate company please consider the services of Century
> 21 J. W. Morton Real Estate, Inc. With over 44 years of experience, knowledge,
> and a proven track record we will meet all your real estate needs and
> expectations!
>
>
>
> Thank You,
>
>
>
> J. W. Morton, Broker
Last updated
August 7
First listed
Jan 19
Listing reference
1C808D7C-04EC-46D2-A8A7-5F068B7B9435
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