For Sale $699,900
$699,900
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 427,324 Sq Ft
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
Vehicle/RV/boat spots (50 spots) × $95 = $4,750/month
Total estimated monthly gross $76,850
Annual gross revenue ˜ $922,200
Revenue Ranges
Depending on density and enhancements:
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $699,900 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 191824000300002800 |
| MLS # | G5089561 |
| Property ID | 320233825 |
| Lot Sqft | 427,324 |
| Zoning | A |
| Days on Market | 398 |
| Original List Price | $799,900 |
| Date Updated | November 06, 2025 |
| Date Created | November 19, 2024 |
Listing Provided By
Mark Dyer an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 06, 2025 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.
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Robert Crawford
REAL ESTATE AGENT