REO Sale: Former CVS - Homosassa | Vacant, Redevelopment

Highlights:

• Single-Tenant Box, Fully Vacant: 14,275 SF freestanding former CVS on a 1.51-acre parcel, built 2003; vacant, unencumbered.
• Hard Corner on the US 19 Corridor: Signalized hard corner at S. Suncoast Blvd (US 19) and W. Grover Cleveland Blvd; 25,500 VPD.
• Publix-Anchored Center Across the Street: Faces a Publix-anchored center, near McDonald's, Aldi, Dollar Tree, RaceTrac, and Walgreens.
• Zoning Supports a Broad Range of Backfill Use: GNC zoning permits retail, pharmacy, grocery, urgent care, dollar store, fitness, and QSR uses.
• Near the Suncoast Parkway Interchange: Suncoast Parkway interchange sits about 2 miles southeast, with access to Tampa, 75 miles south.
• Growing and Healthy Homosassa Submarket: Homosassa Springs MSA tops 171,000 people with 2026 AHHI above $95,000, up ~2% annually since 2020.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3423/retail/homosassa/fl?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=october21_2026&utm_content=retail_3423

Brokered by Colliers and powered by RealINSIGHT Marketplace, we are pleased to present the REO sale of the former CVS at 3959 South Suncoast Boulevard, Homosassa, FL 34448, a ±14,275 SF freestanding retail building on a ±1.51-acre (±65,900 SF) hard-corner parcel, built in 2003. The property is vacant and unencumbered by a lease, offering an income investor a clean slate to re-tenant the existing building, an owner-user the opportunity to occupy a signalized US 19 corner, or a developer the ability to pursue a ground lease or full redevelopment of the site.

The site sits at the signalized hard corner of S. Suncoast Boulevard (US 19) and W. Grover Cleveland Boulevard, a corridor carrying approximately 25,500 vehicles per day, directly across from a Publix-anchored shopping center. The property is zoned GNC (General Commercial District) under Citrus County code, permitting a wide variety of commercial uses with the potential to leverage the existing drive-thru lane.

Location
The site sits at the signalized hard corner of S. Suncoast Boulevard (US 19) and W. Grover Cleveland Boulevard, a corridor carrying approximately 25,500 vehicles per day, directly across from a Publix-anchored shopping center. The Suncoast Parkway interchange sits about 2 miles southeast, with access to Tampa, 75 miles south.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

Documents: