The project entails a 7-story hospital with 240 beds and a 3-story medical office building.
The property last sold for $55.74 million in 2020.
As healthcare demand grows across Florida, existing medical office buildings are becoming increasingly attractive to providers and investors looking for speed, functionality and lower build-out risk.
As Citrus County grows and its population ages, local health systems are evaluating how to expand access to physicians, emergency care, specialty services, behavioral health and long-term workforce pipelines.
The seven-story academic medical center will expand outpatient care, support physician training and strengthen the university’s growing healthcare platform.