Home » Properties » 7451 E Derby Oaks Drive, FL 34436

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7451 E Derby Oaks Drive - 9.19 Acres with Hwy 41 Frontage

9.19 acres of land with 954 ft frontage on Hwy 41, suitable for single family homes, recreation, or commercial use near Inverness, FL.

$389,000

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MLS #R11050783

Listing Updated: 2026-07-12 06:42:06

Listed By: RE/MAX Direct

Overview

This expansive 9.19-acre parcel located at 7451 E Derby Oaks Drive offers 954 feet of frontage along Hwy 41, just south of Inverness, Florida. Zoned for rural residential use, the property supports single-family homes, model homes, passive recreation, croplands, pastures, and home occupations. The land is cleared and ready for development, providing ample space for equestrian or agricultural activities. Its proximity to the growing 55+ community of Tarawood adds to the appeal. The lot is divisible into two parcels and can be converted to commercial use, offering versatile opportunities for buyers seeking a rural setting with potential for various uses.

Property Highlights

9.19 acres, 954 ft Hwy 41 frontage, rural zoning, near Tarawood 55+ community, divisible lot, suitable for residential or commercial use.

Property Details

City:

State: FL

Zip Code: 34436

Address: 7451 E Derby Oaks Drive, FL 34436

Year Built:

Property Type: Land/Boat Docks

Property Sub Type:

Listing Office Name: RE/MAX Direct

County: Citrus County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $1,094

Days On Market: 512 Days

Original Listing Description

Location, Location! 9.19 acres or 400420 SF, with 954 ft. Frontage along Hwy 41! South from Inverness. Directly across from Tarawood 55+ growing community.Permitted Use RUR Zoning Single Family, Model Homes, Passive Recreation, Croplands/Pastures, Home Occupation Accessory Structure, Emergency Service Facilities, Utility Facilities, possibilities are endless on this 9.19 acres lot !! This lot is clear and ready for you to build your dream home on a rural but growing area!Horses, cows, chickens or any animal you love is welcome here. Citrus county has so much to offer: golf, trails, springs and many festivals!! Lot is dividable in 2 parcels. Also, it can be easily converted to a commercial lot Priced to sell!!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

7451 E Derby Oaks Drive, FL 34436

About This Neighborhood

Situated south of Inverness, this property neighbors the expanding Tarawood 55+ community, providing a quiet rural atmosphere with access to community amenities. The area blends agricultural land with residential neighborhoods, offering a peaceful environment while still being close to essential services and recreational opportunities. The neighborhood benefits from proximity to golf courses, nature trails, and springs, appealing to those seeking a balanced lifestyle between country living and community engagement.

Walkability & Lifestyle

This rural property offers limited walkability due to its size and zoning, but nearby Inverness provides a variety of amenities within driving distance. Residents can enjoy local restaurants, shopping centers, parks, and waterfront areas along the nearby lakes. The surrounding region supports outdoor activities such as hiking, golfing, and boating, enhancing lifestyle options beyond the immediate property boundaries.

Things To Do Nearby

Citrus County is known for its outdoor recreational opportunities, including golf courses, nature trails, and freshwater springs. Residents near this property can explore local festivals, fishing, boating, and wildlife viewing. The proximity to Inverness and surrounding communities offers cultural events, dining experiences, and access to marinas, making it a well-rounded location for those who appreciate both rural tranquility and active lifestyles.

Nearby Schools

The area around Inverness provides access to public and private schools serving families in Citrus County. While this parcel is in a rural setting, schools are reachable within reasonable driving distances, offering educational options for residents. The community benefits from school districts that emphasize a supportive learning environment and extracurricular activities, contributing to the area's family-friendly appeal.

Why Buyers Like This Area

Buyers are drawn to this property for its substantial size, versatile zoning, and highway frontage, which together provide numerous development possibilities. The rural setting combined with proximity to a growing 55+ community offers a unique blend of privacy and neighborhood convenience. Its location near Inverness ensures access to amenities while maintaining a peaceful environment, appealing to those seeking a balance between country living and community access.

Investment Potential

This 9.19-acre parcel offers flexible zoning that supports residential, recreational, and commercial uses, making it appealing for diverse buyer profiles. Its location near a growing 55+ community and direct frontage on Hwy 41 enhances accessibility and visibility. The ability to divide the lot into two parcels adds further versatility. Buyers interested in rural properties with development potential will find this land suitable for building homes, agricultural activities, or small commercial ventures, depending on their goals.

Market Trends

The Inverness area shows steady interest in rural and semi-rural properties due to its blend of natural beauty and growing residential communities. Land parcels with highway frontage are particularly attractive for their development potential and accessibility. Demand for flexible zoning properties remains consistent, driven by buyers looking for homesites, hobby farms, or commercial opportunities. Inventory in this segment tends to be limited, which supports ongoing buyer interest in well-positioned land like this.

Rental Income Potential

While this property is primarily suited for development or personal use, its proximity to a popular 55+ community and recreational amenities could attract tenants if developed into residential units. Seasonal demand in Citrus County for vacation and retirement living may support rental interest. However, the current zoning and land status suggest a focus on owner-occupancy or long-term development rather than immediate rental income generation.