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$496,000 -$14,000 (-2.75%) Price Reduced
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Property Description
Premier Mixed-Use Opportunity in Growing Astor, FL. ******Possible Owner Financing available ******. Unleash the potential in the growing Lake County community of Astor, Florida! This is a unique opportunity to acquire a versatile 0.73-acre property boasting highly desirable Residential/Commercial (RC) zoning. Located strategically for both commerce and convenient living, this is a perfect setup for an entrepreneur, tradesperson, or investor looking for a flexible asset. Key Features: Mixed-Use Zoning (RC): Provides incredible flexibility for a variety of uses-from a professional office or service business to a live/work setup, or even a full commercial operation. Multiple Buildings On-Site: The property includes existing structures that can be adapted for office space, storage, workshops, or even renovated into a residential dwelling Fully Secured: The entire perimeter is fully fenced, providing security for equipment, inventory, or personal property. Ample Space: With nearly three-quarters of an acre (0.73 acres), there is plenty of room for parking, equipment staging, or future expansion. Astor Advantage: Astor's economy is strongly tied to tourism, hospitality, and outdoor recreation due to its proximity to the St. Johns River and the Ocala National Forest, offering a steady flow of potential customers and clients. Â Whether you're looking to establish a contracting office, a specialty retail shop, or Bustling business, this unique, fully-fenced parcel with multiple buildings is ready for your vision.
Full Property Details
Full Property Details for 55406 Hugh Dr
General
- Price: $496,000
- Taxes: $667 (2024)
- Status: Active
- Type: Business
- Source: MidFloridaRegionalMLS
- MLS ID: V4945842
- Updated: 1/29/2026
- Added to Site: 70 day(s) ago
Rental Information
- Complex Features: Bathrooms, High Bays
Location
- Area: 32102 - Astor
- County: Lake
- Development Name: 32102 - Astor
- Subdivision: SOUTH FORTY BUS CENTER
- Driving Directions: US40 to Astor property on right
Community
- Community Name: 32102 - Astor
Heating & Cooling
- Cooling Type: Other, Wall/Window Unit(s)
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 450
- Year Built: 1993
Lot Features
- Lot Size (Acres): 0.74
- Lot Size (Sq. Ft.): 32,226
- Lot Size: 32226
- Lot Dimensions: 178 x 182
- Frontage: Business District, Highway, Main Throrughfare
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $667.95
- Tax Year: 2024
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: SOUTH FORTY BUSINESS CENTER LOT 3 PB 28 PG 58 ORB 5219 PG 15
- Flood Zone Info: X
- APN: 371527010000000300
- Property ID: 371527010000000300
Listed by Lpt Realty Llc
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Schools
Schools serving 55406 Hugh Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Umatilla Elementary School 401 Lake Street, Umatilla, FL 32784 | PK-5 | 17.3 mi |
Umatilla Middle School 305 East Lake Street, Umatilla, FL 32784 | 6-8 | 17.5 mi |
Umatilla High School 320 North Trowell Avenue, Umatilla, FL 32784 | 9-12 | 17.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55406 Hugh Dr
Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$496,000
-2.75%
MLS
11/21/2025
Listed
$510,000
410%
MLS
12/27/2018
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 55406 Hugh Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$668
—
$70,810
-16%
2024
$668
2%
$84,545
2%
2023
$653
30%
$82,704
12%
2021
$501
-24%
$73,904
-8%
2022
$657
31%
$80,606
11%
2021
$501
-4%
$72,884
2%
2019
$522
-22%
$71,246
58%
2018
$665
-1%
$45,040
-1%
2017
$674
3%
$45,469
5%
2016
$657
-4%
$43,431
-1%
2015
$685
-2%
$43,762
-1%
2014
$698
5%
$44,170
-1%
2013
$664
—
$44,621
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55406 Hugh Dr
55406 Hugh Drive, Astor, FL 32102 (MLS# V4945842) is a Business property. 55406 Hugh Drive is currently listed for $496,000 and was received on November 21, 2025. Want to learn more about 55406 Hugh Drive? Do you have questions about finding other Business real estate for sale in Astor? You can browse all Astor real estate or contact a Coldwell Banker agent to request more information.

