
4038 N MODELWOOD DRIVE, BEVERLY HILLS, FL, 34465
Active209 days on marketListed Jan 6, 2026MLS #OM716089
About this home
4038 N MODELWOOD DRIVE
PRIME COMMERCIAL CORNER SHOVEL READY in the heart of Citrus County's growth corridor, Lot 3 is located at a signalized intersection inside the newly developed Golden Gate in Beverly Hills, Florida at the South West Corner. This 1.74 -acre site is zoned for a variety of commercial uses, including, Gas Station/C-Store quick-service restaurants (QSR) with drive-thru, automotive services, general retail, and medical or professional offices. It is part of a thriving development alongside established businesses such as Walgreens, Advance Auto Parts, and the new Pizza Hut with drive-thru. The property offers excellent visibility with over 195 feet of highway frontage along Hwy 491 and convenient access via the signalized intersection at N Modelwood Drive and Hwy 491. Just 2.8 miles north of the Central Ridge regional shopping district, this location is near major retailers like Walmart, Target, Aldi, Hobby Lobby, Texas Roadhouse, Panera Bread, 7-Eleven, and other national and regional brands. The site is cleared and ready for development, with access to offsite retention for maximum lot utilization, and city water and sewer lines already in place. Additionally, shared signage will enhance the visibility of businesses located on the property. Adjacent to Lot 2 and available for separate purchase are or assemblage is Lot 2 (2.86 acres, $356,000), offering the opportunity to combine the parcels for a total of 4.6 acres at a price of $ 1,356,000 Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property-related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.
Facts & features
The home at a glance
1.74 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,737 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,737/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Beverly Hills
Get to know Beverly Hills. See the full Beverly Hills guide →
BEVERLY HILLS 34465 — neighborhood snapshot
Population
18,514
Median age
57.7
Median income
$55,513
Median home value
$233,000
Avg household
2.16
Households w/ children
1,201
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Beverly Hills market
$224K → $380K
Beverly Hills median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
Median sold price, Beverly Hills, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 282% above the BEVERLY HILLS 34465 median. See the full Beverly Hills market guide →
Paper trail
This home's history
Reality check
What actually sold near 4038 N MODELWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$168,000
503 S MONROE STREET
2 bd · 1.5 ba · 816 sqft · $206/sqft · 2 DOM
Sold · May ’26$117,000
316 S FILLMORE STREET
2 bd · 1 ba · 816 sqft · $143/sqft · 1 DOM
Sold · Jun ’26$101,200
4 ARIZONA STREET
2 bd · 1 ba · 888 sqft · $114/sqft · 49 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4038 N MODELWOOD DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4038 N MODELWOOD DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4038 N MODELWOOD DRIVE FAQs
What would the monthly payment be for 4038 N MODELWOOD DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,737/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4038 N MODELWOOD DRIVE?+
The most recent tax bill on record (2025) was $9,672. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Beverly Hills?+
At $1,000,000, this home is listed about 217% above the Beverly Hills median of $315,350. The market section on this page shows how the area is trending.
Which schools are assigned to 4038 N MODELWOOD DRIVE?+
Citrus Springs Middle School (middle), Central Ridge Elementary School (elementary), Lecanto High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Elias Kirallah. MLS #OM716089.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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