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About this home
8123 S Lecanto Hwy is a 2007-built home in Unrec Tracts IN 18-20s-19e, Lecanto. Inside you'll find 4 bedrooms, 5 bathrooms, and 5,246 square feet of living space. Listed at $3,900,000 (about $743/sqft), 899 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
There is so much to see here and so many possibilities! This is an INCREDIBLY RARE opportunity to own multiple buildings with varied use, on a total of 37.33 acres, zoned both GNC (11.37 acres) & AGRMH (25.96 acres). This property includes a Massive Primary Residence (9312 sf/total) complete with a 4 car attached garage & an additional 4 car Detached garage/workshop (2000sf), Contractor Trailer, Storage Rig & Pole Barn all on 26 acres zoned AGRMH. This sale also includes a partially equipped Commercial Restaurant (8603 sf/total) & Elegant Event Venue (9586 sf/total) on 11+ acres zoned GNC. Over 20 acres of this property was once a thriving blueberry farm (64 rows), irrigated by a diesel well w/turbine gear drive motor. Irrigation system pumps 2300 gals/min w/a 3406 cat engine that powers a 12 inch well pump. Citrus County is primed for growth & this is a PRIME location! Two sides of this property are bordered by the State Forest, w/1268 ft of frontage along HWY 491,& less than 5 miles from the Suncoast Parkway. The County is currently expanding its infrastructure to support the expected 30k+ additional residents predicted to move to the area by 2030. You won't want to miss this unique opportunity!
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$3,900,000
$743 per sq ft
Beds and baths
4 beds, 5 baths
Size
5,246 sq ft
Time on market
899 days
Year built
2007
Monthly payment
About $23,766/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $17,716 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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