$699,900 for Sale

road , fruitland park, FL 34731

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Property Description
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
General Information
Sale Price: $699,900
Price/SqFt:
Status: Active
MLS#: G5089561
City: fruitland park
Post Office: fruitland park
County: Lake
Acres: 9.81
Lot Dimensions: 336 x 1330
Size:
Acreage: 9.81 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $4,162
Legal Description:  S 1/4 OF SW 1/4 OF SW 1/4--LESS W 25 FT-- ORB 4522 PG 959


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Mark Dyer of BLACK TIE REALTY, INC., Phone: 352-751-7888
(941) 875-4503 Call Scott Standriff for more information about this property.

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