# 6725 S Rainbow Point, Homosassa, FL 34446 > **TL;DR:** land, $887,375. Est. $4,746/mo. Listed 257 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $887,375 | | Lot Size | 840,708 sqft (19.30 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 257 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,487 | | Estimated Insurance | $259 | | **Total** | **$4,746** | ## Nearby Schools - **Elementary:** Lecanto Primary - **Middle:** Lecanto Middle - **High:** Lecanto High ## Property Highlights - 19.30 acre lot ## Description ### Agent Description This 19.3+/- acre development tract is strategically positioned within the Cardinal Mixed-Use Interchange Management Area (IMA), just east of the recently expanded $135 million Suncoast Parkway (SR 589) interchange in Citrus County, Florida. Situated along one of the primary northward growth corridors extending from the Tampa-St. Petersburg MSA, the property benefits from interchange-level access and sustained public infrastructure investment that continues to fuel residential and commercial expansion throughout the region. The site falls within the designated Mixed-Use Development area, allowing residential densities ranging from 6 to 20 dwelling units per acre subject to Master Planned Development (MPD) approval. Based on approximately 18+/- acres within the mixed-use designation, the property presents a theoretical development yield ranging from approximately 119 units at 6 dwelling units per acre to as many as 386 units at 20 dwelling units per acre. This density flexibility supports a variety of development concepts including multifamily, build-to-rent communities, townhomes, or integrated mixed-use residential projects, providing scale and adaptability in a supply-constrained corridor. Infrastructure accessibility materially enhances the feasibility profile of the site. A jurisdictional pressure sewer system is located within approximately 2,000 feet of the property boundary, and a 12-inch water main is available for direct connection, providing the necessary capacity to support MPD-level development intensity. The combination of density allowances, utility proximity, and interchange positioning establishes this parcel as one of the more compelling large-scale residential opportunities within the expanding Suncoast Parkway corridor. Citrus County remains one of Florida's strongest emerging growth markets, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030 according to County planning estimates. The region continues its transition into a major residential, healthcare, and service hub within the Tampa Bay sphere of influence. The completed parkway expansion and planned northern Phase 3 extension-located just north of the subject property-will provide direct one-hour connectivity to Tampa International Airport and surrounding employment centers, significantly increasing regional mobility, tourism flow, and housing demand. Within a 15-minute trade area, the site serves approximately 46,361 residents with stable demographics, including an average age of 58 and a median household income of approximately $65,000. The convergence of sustained population growth, expanding infrastructure, and interchange-controlled density positions this property as a high-visibility, scalable, and future-proof development opportunity in one of Florida's advancing growth corridors. ## Location - **Address:** 6725 S Rainbow Point, Homosassa, FL 34446 - **County:** Citrus - **Neighborhood:** Not on List - **Coordinates:** 28.766037, -82.486066 - **Google Maps:** https://www.google.com/maps?q=28.766037,-82.486066 ## Listing Agent - **Name:** Elias Kirallah · **License:** 3123414 - **Brokerage:** Century21 J.W. Morton Real Estate, Inc - **Broker Phone:** (352) 726-6668 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/6725-S-Rainbow-Pt_Homosassa_FL_34446_M55836-50637?f=listhub&s=RACCFL&m=852252&c=propsimple) ## Photos ![6725 S Rainbow Point - Photo 1](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f602316823r.jpg) ![6725 S Rainbow Point - Photo 2](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f1140563098r.jpg) ![6725 S Rainbow Point - Photo 3](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f2583997222r.jpg) ![6725 S Rainbow Point - Photo 4](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f3437043810r.jpg) ![6725 S Rainbow Point - Photo 5](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f1051470061r.jpg) ![6725 S Rainbow Point - Photo 6](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f4133550947r.jpg) ![6725 S Rainbow Point - Photo 7](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f4151992200r.jpg) ![6725 S Rainbow Point - Photo 8](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f3720582736r.jpg) ![6725 S Rainbow Point - Photo 9](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f2490929304r.jpg) ![6725 S Rainbow Point - Photo 10](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f3455153327r.jpg) ![6725 S Rainbow Point - Photo 11](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f4169105877r.jpg) ![6725 S Rainbow Point - Photo 12](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f1138011466r.jpg) ![6725 S Rainbow Point - Photo 13](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f4244800875r.jpg) ![6725 S Rainbow Point - Photo 14](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f1960564151r.jpg) ![6725 S Rainbow Point - Photo 15](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f869409792r.jpg) ![6725 S Rainbow Point - Photo 16](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f1850424234r.jpg) ![6725 S Rainbow Point - Photo 17](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f2438531059r.jpg) ![6725 S Rainbow Point - Photo 18](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f3551090855r.jpg) ![6725 S Rainbow Point - Photo 19](http://lh.rdcpix.com/aeb9dafd3fcf27b1415da055b8d2a3e5l-f4210693865r.jpg) --- **MLS#:** 852252 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/6725-s-rainbow-point-homosassa-fl-34446-6cbf487e48264e9ebdab58d4d0201370) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/6725-s-rainbow-point-homosassa-fl-34446-6cbf487e48264e9ebdab58d4d0201370#listing", "url": "https://www.propertysimple.ai/listing/6725-s-rainbow-point-homosassa-fl-34446-6cbf487e48264e9ebdab58d4d0201370", "name": "6725 S Rainbow Point, Homosassa, FL 34446", "description": "This 19.3+/- acre development tract is strategically positioned within the Cardinal Mixed-Use Interchange Management Area (IMA), just east of the recently expanded $135 million Suncoast Parkway (SR 589) interchange in Citrus County, Florida. 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Infrastructure accessibility materially enhances the feasibility profile of the site. A jurisdictional pressure sewer system is located within approximately 2,000 feet of the property boundary, and a 12-inch water main is available for direct connection, providing the necessary capacity to support MPD-level development intensity. The combination of density allowances, utility proximity, and interchange positioning establishes this parcel as one of the more compelling large-scale residential opportunities within the expanding Suncoast Parkway corridor. Citrus County remains one of Florida's strongest emerging growth markets, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030 according to County planning estimates. The region continues its transition into a major residential, healthcare, and service hub within the Tampa Bay sphere of influence. The completed parkway expansion and planned northern Phase 3 extension-located just north of the subject property-will provide direct one-hour connectivity to Tampa International Airport and surrounding employment centers, significantly increasing regional mobility, tourism flow, and housing demand. Within a 15-minute trade area, the site serves approximately 46,361 residents with stable demographics, including an average age of 58 and a median household income of approximately $65,000. 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