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    907 Miller St Fruitland Park, FL 34731

    Sponsored
    For Sale
    $1,800,000

    16.33 Acres, High Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 16.33-acre commercial land parcel in Fruitland Park, Florida, presents a significant development opportunity. Located on 300+ feet of highway frontage on CR 466A, a high-growth corridor, this property boasts excellent visibility and accessibility. Currently zoned R1 & R3, it offers the potential for up to 144 multi-family units, subject to rezoning (seller will cooperate). Comprehensive surveys and studies are available to support development plans. The site features Fountain Lake frontage and is situated directly across from city utilities. Sewer is anticipated within a year. The property's strategic location near the Villages of Pine Ridge and its strong demographics make it ideal for a variety of uses, including assisted living facilities, multi-family housing, professional offices, or retail establishments. An existing executive lakefront home is currently on the property. The asking price is $1,800,000. APN: 379329 & 2573872. This is a prime investment opportunity in a rapidly expanding area. Serious inquiries only. Do not enter the property without an appointment.

    Property Features for 907 Miller St

    General Information

    Property type
    Land
    Lot Size
    711,335 SF

    HighLights

    • Over 300 feet of highway frontage.
    • 16.33 acres.
    • Feasibility studies and surveys available upon request.
    • Potential for a 144‑unit multifamily development.
    • Potential for a commercial outparcel.
    • Fountain Lake frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fruitland Park
    County
    Lake
    State
    Florida
    Longitude
    -81.9194601
    Latitude
    28.8615537

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 16.33 Acres, High Development Potential
    Where is this land located?
    The property is located at 907 Miller St Fruitland Park, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Over 300 feet of highway frontage.; 16.33 acres.; Feasibility studies and surveys available upon request.
    (352) 396-9136
    Request Owner's contact information
    907 Miller St Fruitland Park, FL 34731
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    Fruitland Park, FL 34731
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    Realmo Value Estimation

    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.

    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.

    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
    907 Miller St Fruitland Park, FL 34731
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