$699,900

, Fruitland Park, FL 34731

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$699,900

(50,000) 05/16/2025

Fruitland Park, FL 34731

For Sale MLS# G5089561

9.81 Acres Lot/Land

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Data current as of 19/12/2025 16:37:51

Details for

MLS# G5089561

Description for , Fruitland Park, FL, 34731


MOTIVATED SELLER.. BRING US AN OFFER!!!!THIS IS THE PERFECT PLACE FOR AN RV STORAGE OR SELF STORAGE DEVELOPMENT DIRECTLY ADJACENT TO THE VILLAGES MASSIVE RETIREMENT COMMUNITY AND THE HAMMOCK OAKS DEVELOPMENT ON 466 AND CHERRY LAKE ROAD WHERE THE NEIGHBORHOOD WAL MART IS BEING BUILT. PRIME FOR DEVELOMENT AT A GREAT PRICE PER ACRE. This 10-acre parcel of vacant land represents a prime opportunity for development, offering an exceptional price per acre. Situated in a promising area poised for growth, this expansive property provides the perfect canvas for a variety of development possibilities. Whether you're envisioning a residential community, commercial enterprise, or a mixed-use project, the spaciousness and strategic location of this land can accommodate your plans. Additionally, the favorable price point enhances the investment potential, making it an attractive option for developers looking to capitalize on emerging market trends. With the right vision and planning, this land could transform into a thriving development, offering long-term value and success. Market Context & Rent Assumptions • Average rent per unit in Fruitland Park is around $120/month, across a mix of sizes and climate-controlled options . • Climate-controlled units average about $136/month, while non-climate looks closer to $130/month . • Specialty vehicle/RV/boat storage units average $95–$99/month . Facility Specs & Revenue Scenarios Rentable Area Potential A comparable market asset in Fruitland Park spans ~60,880 rentable sqft on 10 acres, depending on layout and building coverage, a similar size is feasible. Unit Mix Example Non climate units: 45,000 sqft Climate controlled units: 10,00 0sqft Vehicle/RV/boat storage: 5,000 sq ft Monthly Gross Income Estimate Non climate units: 45,000?sq?ft × ($130 / tenant? better convert by unit) Let’s approximate units: an average unit 100 sqft 450 units × $130 = $58,500/month Climate controlled: 100 units × $136 = $13,600/month Vehicle/RV/boat spots (50 spots) × $95 = $4,750/month Total estimated monthly gross $76,850 Annual gross revenue ˜ $922,200 Revenue Ranges Depending on density and enhancements:

Listing Information


Property Type: Lot/Land, Unimproved Land

Status: Active

Lot Size: 9.81 Acres

Current Use: Unimproved

County: Lake

Utilities


Water: Well

Sewer: Septic Tank

Other Utilities: Electricity Available

Exterior / Lot Features


Lot Dimensions: 336x1330

Fencing: Chain Link

Driving Directions


466 TO CHERRY LAKE ROAD AND SOUTH. GPS WILL NOT BRING YOU IN THE RIGHT WAY. THERE IS A 6 FOOT CHAIN LINK FENCE TO THE LEFT (NORTH) OF THE DRIVEWAY. THERE WILL BE A SIGN AT THAT CORNER

Financial Considerations


Tax/Property ID: 19-18-24-0003-000-02800

Tax Amount: 4162

Tax Year: 2023

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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