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- Tropic Shores Realty
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- 12500 State Road 33, GROVELAND, FL 34736
Property Photos

- MLS#: O6347931 ( Commercial Sale )
- Street Address: 12500 State Road 33
- Viewed: 29
- Price: $2,000,000
- Price sqft: $652
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 3066
- Days On Market: 35
- Additional Information
- Geolocation: 28.5287 / -81.8475
- County: LAKE
- City: GROVELAND
- Zipcode: 34736
- Subdivision: Edges Sub
- Provided by: CENTURY 21 CARIOTI
- Contact: David Dorman
- 407-573-2121

- DMCA Notice
-
Description9+ Acres of Prime Commercial Land with Income Producing Restaurant This offering combines arare large corner parcel in Grovelandwith an established business already in place. Located onState Road 33, just minutes from major Central Florida growth corridors, this9+ acre propertyprovides a unique opportunity for investors and developers seeking land with built in income potential. The site currently operates as theRed Wing Restaurant, a well known local landmark. The building featuresindoor seating plus anoutdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the propertys scale and versatility. With over 9 acres available, future possibilities include: Restaurant expansionto capture regional demand, Development of alarge barn or event venuefor weddings and gatherings, Afarm to table hospitality conceptthat leverages the acreage, Alternative commercial, hospitality, or mixed use projectsbenefiting from strong area growth. As Lake County continues to see rapid residential and commercial expansion, parcels of this size are becoming increasingly scarce. This property provides the best of both worlds:an operating business today and a development play for tomorrow.
Property Location and Similar Properties
All
Similar
Features
Accessibility Features
- Accessible Doors
- Accessible Entrance
- Visitor Bathroom
Appliances
- Dishwasher
- Microwave
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Zoned
Country
- US
Covered Spaces
- 0.00
Electric
- 200+ Amp Service
Flooring
- Ceramic Tile
- Tile
- Slate
Garage Spaces
- 0.00
Green Energy Efficient
- Thermostat
- Water Heater
Heating
- Central
- Heat Pump
- Zoned
Insurance Expense
- 0.00
Legal Description
- EDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245
Living Area
- 2346.00
Lot Features
- Corner Lot
- Street Lights
Area Major
- 34736 - Groveland
Net Operating Income
- 0.00
Occupant Type
- Owner
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Other
- Outbuilding
Parcel Number
- 31-22-25-0100-000-02000
Parking Features
- Deeded
- Ground Level
- Over 30 Spaces
- RV Access/Parking
Property Type
- Commercial Sale
Road Frontage Type
- City Street
- State Road
Roof
- Membrane
- Shingle
Sewer
- Septic Tank
Tax Year
- 2024
Township
- 22S
Utilities
- Phone Available
- Private
Views
- 29
Virtual Tour Url
- https://my.matterport.com/show/?m=24u8XKXXyKt&mls=1
Water Source
- Well
Year Built
- 1964
Zoning Code
- CP
Disclaimer: All information provided is deemed to be reliable but not guaranteed.
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Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2025 REALTOR® Association of Citrus County
Listing Data ©2025 Royal Palm Coast Realtor® Association
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on November 6, 2025 @ 12:00 am
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