$224,999

5666 S Florida Ave Floral City, FL 34436

Estimated payment $1,356/month

Total Views 2,697
3.19 Acres
$70,533 Price per Acre
138,956 Sq Ft Lot

Highlights

  • 3.19 Acre Lot
  • Landscaped with Trees
  • Level Lot
  • No HOA

About This Lot

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.

Listing Agent

Elias Kirallah

Century 21 J.W.Morton R.E. License #3123414 Listed on: 05/30/2025

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,316

Lot Details

  • 3.19 Acre Lot
  • Lot Dimensions are 620x410
  • Property fronts a county road
  • Level Lot
  • Landscaped with Trees
  • Property is zoned GNC

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,316

Lot Details

0

Listing Details

  • Directions: From downtown Floral City head North on S Florida Ave for 2.6 Miles and you should reach your destination in 5 minutes on your left side.
  • Lot Size Acres: 3.19
  • Lot Size: 620x410
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Flat, Trees
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 138956.0
  • Zoning: GNC

Tax Info

  • Tax Annual Amount: 1315.68
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,328 $88,440 $86,390 $2,050
2023 $1,328 $88,440 $86,390 $2,050
2022 $1,489 $102,960 $100,910 $2,050
2021 $1,447 $101,140 $99,290 $1,850
2020 $1,499 $101,140 $99,290 $1,850
2019 $1,520 $101,140 $99,290 $1,850
2018 $2,013 $128,230 $99,290 $28,940
2017 $2,031 $126,540 $99,290 $27,250
2016 $2,152 $129,310 $104,190 $25,120
2015 $2,565 $151,440 $128,760 $22,680
2014 $2,755 $157,440 $137,016 $20,424
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $224,999 0.0% --
05/30/2025 05/30/25 For Sale $225,000 +125.0% --
10/20/2023 10/20/23 Sold $100,000 -20.0% --
10/02/2023 10/02/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $125,000 +56.3% --
07/20/2022 07/20/22 Off Market $80,000 -- --
05/19/2022 05/19/22 Sold $80,000 -35.9% --
04/21/2022 04/21/22 Pending -- -- --
09/01/2020 09/01/20 For Sale $124,900 +78.4% --
05/14/2018 05/14/18 Sold $70,000 -17.6% --
04/14/2018 04/14/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $84,900 +63.3% --
08/23/2017 08/23/17 Sold $52,000 -38.8% --
07/24/2017 07/24/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $85,000 -- --
Source: REALTORS® Association of Citrus County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 American Title Services
Warranty Deed $80,000 American Title Services
Special Warranty Deed $70,000 American Title Services Of C
Deed $74,900 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,000 Seller Take Back
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 844921

REALTORS® Association of Citrus County

APN: 20E-20S-03-0000-42100