MLS® ID: O5739503

STATE ROAD 40

ASTOR, Florida, 32102

$400,000 Active
  • - SQFT
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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Listing courtesy of STIRLING INTERNATIONAL REAL ES

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    32102
  • Office name
    STIRLING INTERNATIONAL REAL ES
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Land
  • Year built
    0
  • Lot size
    20.00
  • Waterfront
    No
  • Tax year
    2018
  • Agent name
    John Germann-Kurtz, PA
  • Tax amount
    $ 1353.0
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    < 1000 sq ft.
  • Area
    32102 - Astor
  • Office ID
    261014887
  • Agent ID
    260501828

Location

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