Investor/Builder Special – Old Homosassa This .61-acre lot has been recently cleared, providing a fresh start for your project. The existing structure sustained storm damage and falls under the 50 percent FEMA rule, making it best suited for a tear-down or complete renovation. Located between two convenient roadways, this property offers excellent access and a unique layout. Build your custom home or investment property in the desirable Old Homosassa community—a golf cart-friendly area convenient to waterfront dining, local festivals, and recreational opportunities. Nearby waterways lead to the Homosassa River and Gulf of Mexico for boating and fishing adventures. Don’t miss this chance to create your own piece of Florida paradise.