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State Road 40 - Astor IMSA 17 Acres of Residential Land Offered at $395,000 in Astor, FL 32102
Investment Highlights
- Prime development site with PUD zoning
- Utilities available through Astor Park utility system for water and wastewater
- Minutes from the St. Johns River and Ocala National Forest, ideal for outdoor enthusiasts
- Direct frontage on State Road 40, offering strong visibility and access
- Approximately 5 acres of wetlands provide natural buffers and design flexibility
- Convenient regional connectivity to Ormond Beach, Ocala, and major highways
Executive Summary
This expansive ±17-acre parcel along State Road 40 in Astor, Florida, presents a rare development opportunity in a growing Lake County corridor. Zoned PUD, the property offers exceptional flexibility for residential or mixed-use projects. Minimum lot widths of 50 feet and a 1,200-square-foot minimum living area create a strong foundation for a quality community design. The site includes approximately 5 acres of wetlands, providing natural buffers and potential for integrated green space.
Strategically positioned with direct frontage on State Road 40, the property ensures excellent visibility and convenient access to regional destinations. Astor is a charming riverfront community along the St. Johns River, known for its boating, fishing, and Old Florida character. The area attracts both full-time residents and seasonal visitors seeking a relaxed lifestyle with proximity to nature. Essential utilities, including water and wastewater services, are available through the Astor Park utility system, streamlining development timelines.
This corridor is experiencing steady growth, supported by regional demand for residential housing and recreational amenities. Developers and investors will find this property well-positioned to capitalize on the area’s appeal and long-term potential.
Strategically positioned with direct frontage on State Road 40, the property ensures excellent visibility and convenient access to regional destinations. Astor is a charming riverfront community along the St. Johns River, known for its boating, fishing, and Old Florida character. The area attracts both full-time residents and seasonal visitors seeking a relaxed lifestyle with proximity to nature. Essential utilities, including water and wastewater services, are available through the Astor Park utility system, streamlining development timelines.
This corridor is experiencing steady growth, supported by regional demand for residential housing and recreational amenities. Developers and investors will find this property well-positioned to capitalize on the area’s appeal and long-term potential.
Property Facts
| Price | $395,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Planned Unit Development |
| Sale Condition | Redevelopment Project | Total Lot Size | 17.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $395,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Planned Unit Development |
| Total Lot Size | 17.00 AC |
| Opportunity Zone |
Yes |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot
| Price | $395,000 | Lot Size | 17.00 AC |
| Price Per AC | $23,235.29 |
| Price | $395,000 |
| Price Per AC | $23,235.29 |
| Lot Size | 17.00 AC |
Description
Located just minutes from the St. Johns River and within easy reach of Ocala National Forest, the site offers a unique blend of tranquility and connectivity. State Road 40 serves as a primary east-west artery linking to Ormond Beach and Interstate 95 to the east and Ocala and Interstate 75 to the west.
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 07-15-27-0100-000-03102 | Improvements Assessment | $0 |
| Land Assessment | $401,760 | Total Assessment | $401,760 |
Property Taxes
Parcel Number
07-15-27-0100-000-03102
Land Assessment
$401,760
Improvements Assessment
$0
Total Assessment
$401,760
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State Road 40 - Astor IMSA