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Half Duplex with 1-Car Garage

305 W FOUNTAIN STREET Fruitland Park, FL 34731

305 W FOUNTAIN STREET, Fruitland Park, FL, 34731
$229,000
For Sale
$229,000

Custom, Half Duplex - FRUITLAND PARK, FL

Property Size1,303 SF
Lot Size0.18 Acres
Price / SF$175.75
Days on Market111

Property Features for 305 W FOUNTAIN STREET

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R-P
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Parking features
Driveway, Garage, Garage - Attached
Security features
Smoke Detector(s)
Interior features
Ceiling Fans(s), Walk-in Closet(s)
Exterior features
Paved, Rain Gutters, Sliding Doors
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
09-19-24-0400-019-02300
Size
1,303 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3013.12

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2006
Flooring type
Carpet, Laminate, Tile
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency CENTURY 21 ALTON CLARK
3235 B US Hwy 27/441, Altamonte Springs, FL
Listed by Regina Rodriguez · License #3125022
Added: Mar 31 Checked: Jul 19 at 11:06 am
MLS# G5110329 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.


Investment Insights

Based on property information with market context.

This half duplex offers three bedrooms and two bathrooms with an open floor plan that connects the dining and living areas. The kitchen includes ample counter space and mostly stainless steel appliances. The primary suite features a walk-in closet and a private ensuite bathroom with dual sinks and a walk-in shower that includes a built-in seat.

A one-car garage and a side porch area provide additional everyday convenience and outdoor space. The property is located near shopping, dining, and other everyday amenities in Fruitland Park, in Lake County, Florida.

Set on a 0.18-acre lot with a total size of 1,303 square feet, this home is positioned as a comfortable, accessible residential income property.

Key Highlights

  • 3‑bedroom, 2‑bath half duplex built in 2006 with an attached 1‑car garage
  • Open floor plan with a dining room and spacious living room
  • Kitchen with range, refrigerator, microwave, dishwasher, and washer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.6k $20.40
− Vacancy −$1.8k −$1.35
EGI $24.8k $19.05
− OpEx −$7.4k −$5.72
NOI $17.4k $13.34
1,303 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$248.3K
$217.2K – $289.7K (±1% cap)
NOI $17,379 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$228.6K
$200.0K – $266.7K (±1% cap)
NOI $16,001 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$370.8K
$324.5K – $432.6K (±1% cap)
NOI $25,956 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Luv N Hugs ... Training Center

Suggested Use

Law Firm Big Box & Wholesale Store Restaurant Pharmacy Nail Salon Storage Facility Auto Parts Store HVAC Service Plumbing Service Grocery & Convenience Store

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

FAQs

What type of property is this?
Duplex - Half duplex home with three bedrooms, two bathrooms, and a one-car garage, offered for sale in Fruitland Park.
Where is this duplex located?
The property is located at 305 W FOUNTAIN STREET Fruitland Park, FL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath half duplex built in 2006 with an attached 1‑car garage; Open floor plan with a dining room and spacious living room; Kitchen with range, refrigerator, microwave, dishwasher, and washer
Contact an agent
More about this property
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