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State Road 40, Astor, FL – $400,000

  • $400k Price
  • 20 Acres
  • 1334 DOM
  • $400k Price
  • 20 Acres
  • 1334 DOM

State Road 40

This prime development site is almost 20 acres in the heart of the sleepy vacation town of Astor, Florida, the city on the river. Astor is a small tourist destination wedged between the St. Johns River to the east, the Ocala National Forest to the west, Lake Dexter to the south and Lake George to the north, the second largest lake in Florida. Astor is famous for fishing, boating, hunting, camping, wildlife watching and St. Johns River Tours. Highway 40 is the main east and west road in Astor and dead in the middle of the small but popular destination is 20 acres of vacant land with 650 feet of frontage on Highway 40 (8100 AADT). The property is surrounded by development including a new Dollar General directly adjacent with road and utility stub-outs in place. The property is high and dry with scattered pine forest oak hammocks and mixed brush. The property has another 300 feet of frontage on North George Street on the south end. Future land use is urban low-density 4du/acre. Recommended development includes zoning the Highway 40 frontage property to commercial and making a small 30 – 50 lot single-family home development in the rear portion. The property is ideally situated for a buy and hold but can be developed today. Because of its unique geography between rivers, lakes and national parks, Astor cannot sprawl out as it grows. Ideal downtown development sites like this will be more and more coveted as the city’s population continues to grow.

Essential Information

  • MLS® #O5739503
  • Price$400,000
  • Bathrooms0.00
  • Acres20.00
  • TypeLand
  • Sub-TypeCommercial
  • StatusActive
  • Taxes$1,303
  • CDDN

Community Information

  • AddressState Road 40
  • AreaAstor
  • CityAstor
  • CountyLake County
  • StateFL
  • Zip Code32102

Amenities

Utilities

Public, Sewer Available, Water Available

Exterior

  • Lot Description20 to less than 50

Pet Information

  • Pets AllowedN

Additional Information

  • Days on Market1334

Listing Details

  • OfficeStirling International Real Es
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Stirling International Real Es.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 24th, 2019 at 1:45am EDT.