Presenting a prime development opportunity in the heart of rapidly growing Fruitland Park, FL. This ±7-acre parcel at 1928 Myrtle Lake Ave now features a newly designed layout supporting 44 total half-duplex lots. Ideally located near the picturesque Myrtle Lake with potential water views and surrounded by new residential growth, this site is perfect for builders and developers seeking a high-demand project in Lake County. With proximity to US-441 and major retail corridors, the property offers excellent accessibility, visibility, and long-term investment value. Seller has begun the approval process with the city and has completed significant work with the civil engineer. However, the displayed price reflects an as-is sale. The buyer will be responsible for securing final construction drawings and completing the entitlement process. Don’t miss this exceptional opportunity to acquire a flexible development parcel in one of Central Florida’s most active growth areas.
Financial Considerations
Price:
$997,000
HOA Fee:
N/A
Tax Amount:
$1387
Price per SqFt:
$3.18
Tax Legal Description:
E 1/4 OF SE 1/4 OF SE 1/4--LESS BEG 20 FT S OF NE COR OF SE 1/4 OF SE 1/4, RUN W ALONG S R/W LINE OF CR A DIST OF 150 FT, S 313.06 FT, E 150 FT, N 312.88 FT TO POB & LESS S 338 FT OF E 128.90 FT & LESS W 174 FT OF S 250.35 FT & LESS RD R/W-- ORB 6457 PG 1755
Exterior Features
Lot Size:
313632
Lot Features:
Buildable, Cul-De-Sac, City Limits, Retention Areas