Nestled in the heart of Hernando County, Brooksville offers a blend of small-
town charm and modern conveniences. Just minutes from this property,
you’ll find historic downtown streets lined with unique boutiques, cozy cafes,
and rich Old Florida history. Outdoor enthusiasts can explore the nearby
Withlacoochee State Forest for hiking, biking, and horseback riding, while
families can enjoy local parks, farmers' markets, and community events.

 

Brooksville is a haven for those seeking a relaxed lifestyle with easy access to
Tampa and the Florida Gulf Coast. Embrace the best of both worlds in this
charming Florida gem!

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1. Property Location Overview:

 

Address: 16297 Cortez Blvd, Brooksville, FL 34601

County: Hernando County, Florida

Nearby Major Roads/Interstate: Cortez Boulevard (U.S. Highway 50) is a significant east-west route running through Brooksville. The property is near connections to I-75, a major north-south interstate.

 

2. Population and Household Demographics (Approximate estimates based on typical Hernando County data):**

 

Total Population: 25,000 - 35,000 people

Population Growth: The area has seen modest population growth in recent years as it is a growing suburban area but with a slower rate compared to larger cities in Florida.

Median Age: 45-50 years old (The area tends to have a slightly older population due to its rural/suburban mix and lower housing costs appealing to retirees).

 

Age Breakdown:

• 0–17 years: 20-25%

• 18-34 years: 12-15%

• 35-54 years: 25-30%

• 55+ years: 30-35% (reflecting a strong retiree population)

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Household Size:

• Average Household Size: 2.3 - 2.5 persons per household, consistent with suburban patterns.

 

Household Income:

• Median Household Income: $45,000 - $55,000 annually (this is slightly below the state and national average, reflecting a more working-class and retiree-focused area).

• Per Capita Income: $23,000 - $28,000

 

Housing:

• Owner-occupied Housing Rate: Approximately 70-75%

• Renter-occupied Housing Rate: 25-30%

 

3. Economic Overview:

• Employment Sectors: Hernando County's economy is diverse, with key sectors including:

  • Retail and Trade

  • Healthcare & Social Services

  • Construction

  • Government & Education

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The property is located in a transitional suburban area that benefits from proximity to Brooksville’s downtown commercial district, as well as being a gateway for travelers heading to the Gulf Coast, especially Tampa Bay.

 

Median Home Value: Around $200,000 to $230,000 (reflective of the affordable housing market).

 

4. Education and Schools:

• Public Schools:

  • The Hernando County School District serves the area, with several elementary and middle schools within proximity.

  • The Brooksville Elementary School and Hernando High School are located nearby.

• Higher Education:

  • Pasco-Hernando State College has a campus in Brooksville, providing higher education and workforce training opportunities.

 

5. Retail and Consumer Behavior:

 

• The nearby commercial zone sees traffic from local residents as well as people commuting to work or traveling. 

  • Average Retail Expenditures: Residents typically spend around $10,000–$15,000 annually per household on retail goods and services.

  • Key Retail Trends: There is an increasing demand for discount retail stores, casual dining, and home improvement supplies, given the area's older demographic and emerging younger families.

 

6. Transportation and Accessibility:

 

Major Roads/Interstate: The location is directly off Cortez Boulevard, which is a key east-west route and connects directly to U.S. Highway 19 and Interstate 75, providing easy access to Tampa (about 45 minutes to the south) and other major cities.

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7. Market Trends:

• Commercial Real Estate Demand:

  • There has been steady growth in demand for industrial, retail, and healthcare spaces, as Brooksville continues to expand with new residential developments and improvements to infrastructure.

  • Vacancy Rates in Brooksville and Hernando County are typically around 5-7% for retail and office spaces, indicating a healthy but competitive commercial market.

  • New Developments: The area has seen some new retail, medical office buildings, and residential developments in recent years, boosting commercial demand.

 

8. Nearby Amenities & Attractions:

• Downtown Brooksville: A charming historical district with local shops, restaurants, and community events. This adds to the area's local appeal.

• Nature & Parks: The area is rich in natural beauty, with places like the Brooksville Main Street and nearby Weeki Wachee Springs State Park offering recreational opportunities, which could attract both residents and visitors.

• Medical Facilities: Several healthcare providers and hospitals, including the Bayfront Health Brooksville hospital, are nearby, which may support medical office space demand.