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6440 Florida Avenue, Floral City, FL 34436
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  • MLS#: 828549 ( CommercialSale )
  • Street Address: 6440 Florida Avenue
  • Viewed: 55
  • Price: $1,553,000
  • Price sqft: $333
  • Waterfront: No
  • Year Built: 1995
  • Bldg sqft: 4660
  • Days On Market: 400
  • Acreage: 28.37 acres
  • Additional Information
  • Geolocation: 28.7704 / -82.2943
  • 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
    Located on the Southern Eastern border of Citrus County in Floral City, Florida we are now offering a prime development opportunity to own 29 + acres of high and cleared land with over 778 of Hwy frontage on US 41/S Florida Avenue (10,800 AADT) just 5.2 miles South of Historical Downtown Inverness and 1.5 miles North of Historical Downtown Floral City. Subject parcel features mixed zoning offering a variety of uses which include under the General Neighborhood Commercial, is a high intensity land use district allowing for 70% FAR in a wide variety of uses, including but not limited to Multi Family (permitted up to 6 units/acre and up to 10 units/acre with PUD, with 20% green space requirements), ALF, Medical Facilities, Medical/Professional Office, Restaurants, QSR Drive Thru, Automotive, Shopping Centers/Retail, Hotel/Motel, Convenience Stores, Gas Stations, and Pharmacies. Furthermore, the REC recreational land use allows for public outdoor recreational uses such as the current use as a Golf Driving Range/Miniature Golf and entertainment complex and Recreational Vehicle Parks with PUD approval, shooting ranges, and Recreational Resorts. Currently, the property features significant improvements which include two 1995 built CBS free standing Retail Stores with a total of 4,660 SF, 96 parking spaces, 18 holes of mini golf, a 400 yard driving range, picnic areas, an event facility, batting cages, and flea market. Prime location places it amidst flourishing communities like Inverness, Crystal River, Citrus Springs, Beverly Hills, Lecanto, and Ocala. Citrus County, home to 153,600 residents, is primed for growth with potential expansion of up to 350k residents under the countys LDC. Come invest in Citrus County!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Landscaping
  • Flooring: Tile
  • Living Area: 0.00
  • Roof: Asphalt, Shingle
Land Information
  • Lot Features: Flat, Rectangular
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved, ParkingSpaces
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Electric: Item110Volts, Item200AmpService, SinglePhase
  • Road Frontage Type: StateRoad
  • Sewer: SepticTank
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2022
  • Trash Expense: 0.00
Other Features
  • Current Use: Restaurant
  • Interior Features: HighCeilings
  • Legal Description: SE1/4 OF SW1/4 & THAT PT OF SW1/4 OF SE1/4 W OF HWY LESS PTDESC IN OR BK 306 PG 838(N 600 FT) & LESS S 10 FT DESC INORBK 2088 PG 1578
  • Levels: One
  • Area Major: 30
  • Occupant Type: Tenant
  • Parcel Number: 1846315
  • Possession: Closing
  • The Range: 0.00
  • Views: 55
  • Zoning Code: GNC, REC
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