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    21230 SE 55Th St Morriston, FL 32668

    For Sale
    $1,944,810

    Land - MORRISTON, FL

    Lot size:
    72.03 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 21230 SE 55Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A/RR
    APN
    05396-000-00
    Lot size
    72.03 Acres

    Building Details

    Architectural style
    Other

    Busch Realty (352) 690-1909 [email protected]

    Listing agent Glen Shepherd, Jr. (352) 690-1909 License #0605407

    Listing date Aug 12, 2025

    MLS# OM699413 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land Near Equestrian Center

    This expansive 72.3-acre property, divided into two parcels, presents a unique opportunity for investors and developers. Located on NW HWY 464, the land has been cleared and is currently used for farming. It features an efficient agricultural irrigation well, ensuring optimal land usage for agricultural endeavors. The property's proximity to the World Equestrian Center, approximately a 17-minute drive away, adds value, making it suitable for equestrian-related businesses or a countryside retreat. The location is also high and dry. The property offers flexible options for future development, as it can be divided to cater to varied developmental visions, whether for residential, commercial, or agricultural purposes. The zoning is A/RR. The property is located in MORRISTON, FL 32668.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Morriston
    County
    Levy
    State
    Florida
    Longitude
    -82.414603
    Latitude
    29.245905

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    FAQs

    What type of property is this?
    Agricultural land - 72.3-acre property ideal for investors and developers.
    Where is this agricultural land located?
    The property is located at 21230 SE 55Th St Morriston, FL.
    What is the asking price?
    The asking price for this property is $1,944,810.
    What are key features of this property?
    This property features: - Expansive 72.3-acre property suitable for investors and developers.; - Efficient agricultural irrigation well for optimal land usage.; - Divisible parcels (30ac/40ac) offer flexible development options.
    (352) 690-1909
    Request Owner's contact information
    21230 SE 55Th St Morriston, FL 32668
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    Morriston, FL 32668
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21230 SE 55Th St Morriston, FL 32668
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