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Stephenson Lane & Myrtle Lake Avenue 14.83 Acres of Residential Land Offered at $2,080,530 CAD in Fruitland Park, FL 34731
Investment Highlights
- Great opportunity - Subdivision with 38 single family lots (50' x 120')
- Annexation, Future Land Use and Zoning changes currently underway with the City of Fruitland Park
- Close to Lake Griffin, Lake Griffin State Park, Flatland Island Preserve and numerous outdoor recreation areas
- Prime lake front location in desirable Fruitland Park
- Preliminary engineering completed
- Convenient access to major roadways – US Hwy 441 (Citrus Blvd), SR 44, US Hwy 27, US Hwy 301, Florida’s Turnpike and I-75
Executive Summary
Excellent opportunity for a residential developer or investor in one of Lake County’s growing residential markets. The site’s lakefront setting, completed preliminary engineering and ongoing entitlement process position the property for future residential development.
Property Facts
| Price | $2,080,530 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 14.83 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-1 - Residential | ||
| Price | $2,080,530 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 14.83 AC |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Residential |
1 Lot Available
Lot
| Price | $2,080,530 CAD | Lot Size | 14.83 AC |
| Price Per AC | $140,291.97 CAD |
| Price | $2,080,530 CAD |
| Price Per AC | $140,291.97 CAD |
| Lot Size | 14.83 AC |
14.83± acre lakefront development site in Fruitland Park pre-planned subdivision with 38 single family lots (50' x 120'). Preliminary engineering completed with annexation, Future Land Use and zoning changes underway.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $340,798 CAD | |
| Land Assessment | $315,564 CAD | Total Assessment | $656,362 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$315,564 CAD
Improvements Assessment
$340,798 CAD
Total Assessment
$656,362 CAD
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Stephenson Lane & Myrtle Lake Avenue
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