
Commercial Sale · Retail
23853 STATE ROAD 40, ASTOR, FL, 32102
Active4 days on marketListed Oct 8, 2026MLS #V4951715
About this property
The property at a glance
LAND & BUSINESS PACKAGE! Established Marine Dealership, Service & Parts Center on 2.13 Acres An exceptional opportunity to acquire a longstanding Central Florida marine business along with 2.13 acres, multiple buildings, business, contracts, machinery, tools, inventory, parts, boat trailers. Located in Astor, Lake County, just seconds from the St. Johns River, this comprehensive package combines an established operation with valuable real estate and room for future growth. Serving Central Florida’s boating community since 1984, the business is Central Florida’s largest Sylvan Pontoon boat dealer and an authorized Smoker Craft/Sylvan dealership. Its service operations include authorized Mercury, Yamaha, Suzuki, and Honda repairs, with Platinum service credentials, complemented by an extensive parts department. The retiring owner has been involved in the family business for nearly 42 years and has served as sole owner and operator for the past seven years. Decades of industry experience and dependable service have built a loyal customer base and a trusted reputation. Property & Operations The 2.13-acre property features a 3,200-square-foot facility, a 420-square-foot pole barn, a 300-square-foot storage shed, secure gated outdoor storage, an extensive security system, and 10 customer parking spaces. The business generates revenue through boat sales, professional marine service and repairs, parts sales, and service contracts with several boat rental companies. Key Business Strengths Established dealership and service center serving Central Florida since 1984 Authorized Smoker Craft/Sylvan Pontoon boat sales Service affiliations with leading marine engine manufacturers Loyal customers and established boat rental company relationships Extensive inventory, machinery, tools, parts, and boat trailers Land and business offered together in one package Growth Opportunities A new owner can build on the business’s established foundation by introducing social media marketing, digital advertising, and online sales. With no current social media presence or internet sales capabilities, these channels offer opportunities to reach more customers and expand boat and parts sales. Transition Support The retiring owner offers up to six months of on-site transition assistance at a negotiated rate, providing valuable guidance on operations, customer relationships, and service procedures.
3,200
Building sq ft
$469
Price / sq ft
2.72
Lot acres
2024
Year built
1
Building
CP
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$7,434/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kathy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,401
Population
$56,598
Median income
59
Median age
1.94
Avg household
$142,500
Median home value
97%
Households w/ kids
Recent sales
What actually sold near 23853 STATE ROAD 40
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

$699,000
24535 STATE ROAD 40
2,438 sqft · $287/sqft · Sold Jun 25, 2025

$438,000
55521 FRONT STREET
2,124 sqft · $206/sqft · Sold Aug 21, 2026

$325,000
54750 COUNTY ROAD 445A
4,482 sqft · $73/sqft · Sold Feb 14, 2025
Your team
The pros in your corner
Your agent
Kathy Miller
real estate agent · CENTURY 21 Edge
Tours, offers, and every question about 23853 STATE ROAD 40 — start here.

Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 23853 STATE ROAD 40.
See it in person
Schedule a tour
Live availability from Kathy's calendar — pick a time and it's booked.
Listing courtesy of SIMPLY REAL ESTATE · Geri Westfall Adams. MLS #V4951715.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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