Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1114 MYRTLE BREEZES COURT Fruitland Park, FL 34731

    View on Map
    Claim this Listing
    For Sale
    $65,000

    Land - FRUITLAND PARK, FL

    Lot size:
    0.34 Acres
    Added:
    Dec 3, 2025
    Days on Market:
    131
    Last Refresh:
    Apr 13 at 10:06 am

    Property Features for 1114 MYRTLE BREEZES COURT

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-2
    Pets allowed
    Number Limit, Yes
    Standard status
    Active
    APN
    08-19-24-1200-000-02900
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    817.65
    Expense value
    37.5
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kenneth Linkous
    Kenneth Linkous

    Listing agent Kenneth Linkous License #3489112

    Listing office KELLER WILLIAMS REALTY AT THE PARKS 3657 Maguire Blvd, Orlando, FL

    Listing date Dec 3, 2025

    MLS# O6364765 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fruitland Park Land Investment Opportunity

    An investment opportunity is available within the deed-restricted community of Lake Myrtle Breezes in Fruitland Park. The offering consists of thirteen individual lots. These buildable properties are situated in an established area, providing a tranquil residential setting with access to major thoroughfares (US-27/441), essential shopping, and dining in the greater Leesburg and The Villages areas. To maintain the consistent quality and aesthetic standards of the subdivision, all builders and proposed architectural plans must receive prior approval from the Lake Myrtle Breezes Homeowners Association (HOA) Architectural Review Board. This requirement ensures the long-term integrity and value of the community. The zoning is R-2. The lot size is 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Garden Center Electrical Service Furniture & Home Goods Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fruitland Park
    County
    Lake
    State
    Florida
    Longitude
    -81.922195
    Latitude
    28.845181

    Nearby Similar for Sale

    • $629,990
      2,578 SF

      Restaurant Opportunity on Highway 441

      Fully equipped restaurant on Highway 441 with high visibility.
      3170 US HIGHWAY 441/27, FRUITLAND PARK, FL 34731
      View Details
    • $699,000

      Prime Commercial Land on US Highway

      1.27-acre commercial site with high visibility and mixed-use zoning.
      3131 US HIGHWAY 441 / 27, FRUITLAND PARK, FL 34731
      View Details
    • $699,900

      Land Ready For Development

      9.81 acre parcel ideal for RV or self-storage development.
      38020 CHERRY LAKE ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $950,000
      12,588 SF

      Mixed-Use Property in Fruitland Park

      Commercial properties with high visibility and development potential.
      300 N DIXIE AVENUE, FRUITLAND PARK, FL 34731
      View Details
    • $550,000
      864 SF

      Commercial Land in Fruitland Park

      4 acres of C-2 zoned land in a growing area.
      747 COUNTY ROAD 466A, FRUITLAND PARK, FL 34731
      View Details
    • $1,100,000
      12,000 SF

      Warehouse with High Exposure

      Commercial property ideal for retail, warehousing, logistics, or manufacturing.
      3155 US HIGHWAY 441/27, FRUITLAND PARK, FL 34731
      View Details
    • $799,000
      1,899 SF

      Versatile Commercial Land in Fruitland Park

      1.9-acre commercial land with C-2 zoning in Fruitland Park, Florida.
      35433 MICRO RACETRACK ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $210,000

      3.83 Acres in Fruitland Park

      Spacious property to build your dream home in Central Florida.
      Piney Ridge Boulevard, Fruitland Park, FL 34731
      View Details
    • $105,000

      Residential Lot in Fruitland Park

      Residential lot with existing barn, utilities, and convenient location.
      101 W GRIFFIN STREET, FRUITLAND PARK, FL 34731
      View Details
    • $489,000

      10 Acres in Fruitland Park

      10-acre parcel ideal for private estate or equestrian property.
      0 ROLLING ACRES ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $1,395,000
      2,973 SF

      Custom Ranch Estate on Acreage

      Custom ranch on 9 acres, minutes from The Villages.
      35841 TIMBERTOP LANE, FRUITLAND PARK, FL 34731
      View Details
    • $550,000

      Prime Commercial Land in Fruitland

      4 acres of C-2 zoned land in Fruitland Park.
      747 COUNTY ROAD 466A, Fruitland Park, FL 34731
      View Details

    FAQs

    What type of property is this?
    Land - Thirteen individual lots available in Lake Myrtle Breezes community.
    Where is this land located?
    The property is located at 1114 MYRTLE BREEZES COURT Fruitland Park, FL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Prime land investment opportunity in Lake Myrtle Breezes, Fruitland Park.; 13 individual lots available for individual or collective purchase.; Located in a deed‑restricted community ensuring consistent quality and aesthetic standards.
    (407) 340-6447
    We can help!
    Listing Contact
    Kenneth Linkous
    Kenneth Linkous
    Real Estate License ID: 3489112
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!