Property Photos
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  • MLS#: 844921 ( Land )
  • Street Address: 5666 Florida Avenue
  • Viewed: 10
  • Price: $225,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 33
  • Additional Information
  • County: CITRUS
  • City: Floral City
  • Zipcode: 34436
  • Subdivision: Not On List
  • Provided by: Century 21 J.W.Morton R.E.
  • REALTOR® Association of Citrus County
  • DMCA Notice
  • Description
    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 costsGIS 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 TampaSt. PetersburgClearwater metrothe 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 Floridas fastest growing regions.
Property Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. COM AT NW COR TH S 88 DEG 51M 43S E AL N LN 1316.32 FT TO SW'LY R/W LN OF US HWY 41 TH S 26 DEG 59M 40S E AL R/W LN 1780.46 FT TO POB TH S 66 DEG 46M W 99.77 FT TH S 23 DEG 8M 39S W 96.01 FT TH S 0 DEG 7M 33S E 214.48 FT MOL TO WTRS OF MAGNOLIA LK TH E AL WTRS TO INT R/W LN TH N 26 DEG 59M 40S W AL R/W LN 470 FT MOL TO POB & PT OF N1/2 OF SE1/4 OF NW1/4 S OF ABOVE DESC PROP DESC IN OR BK 744 PG 1593
Living Area
  1. 0.00
Lot Features
  1. Flat
  2. Trees
Area Major
  1. 06
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 1846757
Pet Deposit
  1. 0.00
Possession
  1. Closing
Possible Use
  1. Commercial
Property Type
  1. Land
Road Frontage Type
  1. CountyRoad
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Views
  1. 10
Virtual Tour Url
  1. https://properties.admiredimage.com/videos/0197213a-f296-7049-8685-ff69d26bbfa2?v=111
Water Source
  1. Public
Zoning Code
  1. GNC
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