Listing photo for State Road 40, Astor, FL

State Road 40,

Astor, FL

$400,000

20.00 Acres

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.

Facts & Features
MLS® # O5739503
Price $400,000
Bathrooms 0.00
Acres 20.00
Type Land
Sub-Type Commercial
Status Active
Community Information
Address State Road 40
Area Astor
City Astor
County Lake County
State FL
Zip Code 32102
Amenities
Utilities Public, Sewer Available, Water Available
Is Waterfront No
Has Pool No
Interior
Fireplace No
Exterior
Lot Description 20 to less than 50
Additional Information
Days on Market 1458
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Stirling International Real Es
Photo of Steve Eckhardt

Steve Eckhardt

Office: 813-929-3900
Cell: 813-765-1182

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 24th, 2019 at 5:30am EDT.

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