#A11769359, Roman Pavlik, Listing office: Keller Williams Dedicated Professionals
Property details
About This Home
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 1. Rentable Area Potential A comparable market asset in Fruitland Park spans ~60,880 rentable sq?ft . On 10 acres, depending on layout and building coverage, a similar size is feasible. 2. Unit Mix Example o Non climate units: 45,000?sq?ft o Climate controlled units: 10,000?sq?ft o Vehicle/RV/boat storage: 5,000?sq?ft 3. 4. Monthly Gross Income Estimate o Non climate units: 45,000?sq?ft × ($130 / tenant? better convert by unit) Let’s approximate units: an average unit ~100?sq?ft so ~450 units × $130 = $58,500/month o Climate controlled: ~100 units × $136 = $13,600/month o Vehicle/RV/boat spots (~50 spots) × $95 = $4,750/month 5. Total estimated monthly gross ˜ $76,850 ? Annual gross revenue ˜ $922,200 Revenue Ranges Depending on density and enhancements:
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Summary
- List Price: $699,900
- HOA Amount: $0
- Lot Size: 9.81 Acres
- MLS Number: G5089561
- MLS Name: MFRMLS
- Office Name: BLACK TIE REALTY, INC.
- Office Phone: (352) 751-7888
- Listing Agent: Mark Dyer
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Nearby schools
8
Virginia Shuman Young Elementary School
Public Magnet PK-5
0.6 mi
•101 NE 11th Ave
4
Walker Elementary School
Public Magnet PK-5
0.9 mi
•1001 NW 4th St
6
Charter School of Excellence
Public Charter KG-5
1.0 mi
•1217 SE 3rd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,153. Most Fruitland Park, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Features: 0 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $699,900.
In June 2025 more than 1 listings in Fruitland Park, FL were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 76 were sold below. The inventory of homes for sale in Fruitland Park, FL between May and June 2025 increased by 9.9%. In June 2025, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $480,000.