5666 S FLORIDA AVE Floral City, FL 34436
3.19 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Beacon Square Unrec
MLS Listing ID OM702177
HOA Y/N No
Annual Tax Amount $1,315
Lot Size 3.190 Acres
Acres 3.19
Lot Dimensions 620x410
Property Sub-Type Commercial
Source Stellar MLS
Property Description
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.
Location
State FL
County Citrus
Community Beacon Square Unrec
Area 34436 - Floral City
Zoning GNC
Exterior
Utilities Available Other, Public
Building
Lot Description Oversized Lot, Paved
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public, See Remarks
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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