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Stephenson Lane & Myrtle Lake Avenue 12.86 Acres of Residential Land Offered at $1,250,000 in Fruitland Park, FL 34731

Investment Highlights
- Great opportunity - pre-planned for duplex residential subdivision with 44 platted lots ; Units could be sold or set up as a build-to-rent community
- 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 to create a duplex subdivision or build-to-rent community 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 | $1,250,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 12.86 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R-1 - Residential | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 12.86 AC |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Residential |
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 12.86 AC |
| Price Per AC | $97,200.62 |
| Price | $1,250,000 |
| Price Per AC | $97,200.62 |
| Lot Size | 12.86 AC |
12.86± acre lakefront development site in Fruitland Park pre-planned for a 44-lot duplex subdivision. 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 | $0 | |
| Land Assessment | $153,232 | Total Assessment | $153,232 |
Property Taxes
Parcel Numbers
Land Assessment
$153,232
Improvements Assessment
$0
Total Assessment
$153,232
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Stephenson Lane & Myrtle Lake Avenue
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