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5666 S Florida Avenue, Floral City, FL 34436

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For Sale

$224,999

3.19 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • 3.2 acres
    Lot size

Explore this Property

Citrus County, Florida, this 3.19-acre parcel offers a rare opportunity to secure commercial land with high development potential. Zoned GNC (General Neighborhood Commercial), the site boasts approximately 620 feet of direct frontage on US Highway 41, with a traffic count of approximately 18,200 AADT, and enjoys full median-cut access accommodating both northbound and southbound traffic flows. This high-intensity commercial zoning allows for a wide variety of uses including retail, shopping centers, medical and professional offices, gas/convenience stations, and auto or marine repair. Additionally, the site supports multifamily development of up to 10 units per acre, contingent upon a PUD approval, making it a highly versatile investment option. Topography is gently rolling with the majority of buildable areas positioned above the base flood elevation (BFE 29.3'), minimizing site prep and potential fill costs-GIS data indicates portions of the site exceed 37' in elevation. The property is centrally located with easy access to surrounding growth markets: Lecanto (17 miles), Beverly Hills (20 miles), Crystal River (24.5miles), and Homosassa (20 miles). Citrus County, home to 153,600 residents, is projected to grow to 350,000 by 2030, driven by strategic infrastructure investments such as the $135+ million Suncoast Parkway extension which enhances regional connectivity and positions Citrus as a key gateway to the Tampa-St. Petersburg-Clearwater metro-the 18th largest MSA in the U.S. Within a 15-minute drive, the site serves a population of 17,551 residents with a median household income of $53,000 and an average age of 61.2, aligning with demand for essential services, medical, and retail development. With its prime US-41 visibility, zoning flexibility, favorable topography, and access to a rapidly expanding population base, this parcel offers a unique and affordable development opportunity in one of Florida's fastest-growing regions.
MLS# 844921

Listed By CENTURY 21 J W Morton Real Estate, Inc.

Property Features

  • Heating - Fuel Type
    Other
  • Lot Size
    3.19 Acres
  • Style
    Other Style

Home seller Meet the Agent,
Elias Kirallah

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Elias Kirallah

of CENTURY 21 J W Morton Real Estate, Inc.

(352) 400-2635
Learn More About Me

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