Miller Blvd Fruitland Park, FL 34731
- Land
- 60.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Miller Blvd
- Lot size
- 60.00 lot acres
- Property type
- Land
Description
This exceptional 60-acre parcel in Fruitland Park, Florida, presents a remarkable investment opportunity. Located in Lake County, at 34731 Miller Blvd, this commercially zoned land is already entitled for a 900-unit mixed-use development specifically designed for a 55+ community. The property boasts a Planned Unit Development (PUD) designation, allowing for a diverse range of housing options. Permitted uses include single-family attached and detached homes, duplexes, and multi-family dwellings, with a maximum density of up to 15 dwelling units per acre. The development plan aligns with R-15 zoning regulations. Infrastructure is in place, including a gravity sewer system leading to a lift station, ensuring efficient waste management. The property also features a full opening median with left-in and left-out access, enhancing traffic flow and accessibility. Its strategic location adjacent to The Villages further enhances its desirability and potential for strong returns. The asking price for this prime development site is $12,000,000. All uses are consistent with a Continuing Care Retirement Community (CCRC). This is a rare opportunity to acquire a large, well-positioned tract of land with existing entitlements, ready for immediate development in a thriving senior living market. The property's location and existing infrastructure make it an ideal candidate for a large-scale senior housing project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fruitland Park
- County
- Lake
- State
- Florida
- Longitude
- -81.935
- Latitude
- 28.8616
