5666 S Florida Ave Floral City, FL 34436
Estimated payment $1,356/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $67,000 | Seller Take Back |
Source: REALTORS® Association of Citrus County
MLS Number: 844921

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