$300,000 State Road 40 Astor, FL

MLS: O5544788   Type: Land   County: Lake   City: Astor   Neighborhood: Manhattan Sec 09   Zip: 32102   Style: Commercial     Taxes: $1,303

Mortgage $1,408 /mo



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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.

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Price History

11/3/2017 Listed $400,000
5/8/2018 25% - $300,000

Current Use Other
For Lease Y/N No
MLS Area 32102 - Astor
Property SubType Commercial
Property Type Land
Subdivision MANHATTAN SEC 09
Township 15
Zoning CP

Exterior Features

Front Footage 650
Lot Dimensions 1207x668
Lot Size Acres 20.00
Lot Size Square Feet 871200
Water Access Type Lake
Water Access Y/N Yes
Water Extras Yn No
Water View Yn No
Waterfront Feet Total 0
Waterfront Y/N 0

Property Schools

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Property vs Zip Code Avg (32102)

Price 300K Avg 160K

Taxes $1,303 Avg $418

Acres 20 Avg 3.69

Visits 96 Avg 337

Days on Site 234 Avg 734

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Listing Provided Courtesy Of: Premier Sothebys Int'l Realty

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Location & Address

La Rosa Realty, Tampa
4511 North Himes Ave Suite 200
Tampa, FL

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