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Stephenson Lane & Myrtle Lake Avenue 14.83 Acres of Residential Land Offered at $1,500,000 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 | $1,500,000 | 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 | $1,500,000 |
| 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 | $1,500,000 | Lot Size | 14.83 AC |
| Price Per AC | $101,146.33 |
| Price | $1,500,000 |
| Price Per AC | $101,146.33 |
| 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 | $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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