|
Funding for the property didn't go through. Price is negotiable. This is a rare and valuable opportunity to acquire a high-traffic, high-visibility commercial package in the heart of Fruitland Park, Florida. Located near the intersections of 300 N Dixie Avenue, and 307 N Iona Avenue, and 466A. These properties sit in one of the most strategic and rapidly developing corridors in Lake County. With over 40, 000 vehicles passing daily on 466A alone, this location offers unmatched exposure for any type of business or development.
Just minutes from The Villages—one of the fastest-growing retirement communities in the country—this area continues to experience substantial residential and commercial growth. Surrounded by national retailers, shopping plazas, medical offices, restaurants, and service-based businesses, this site is in close proximity to major chains like Walmart, Publix, Dunkin’, and AdventHealth. The surrounding infrastructure is well-established, offering easy access to US Highway 27/441 and CR-466A, connecting Fruitland Park to Leesburg, Lady Lake, and beyond.
This is one of the last remaining large commercial parcels available in this core area of Fruitland Park, making it a true gem for investors and developers. Whether you're considering retail, office space, a restaurant, storage facilities, multi-use development, or long-term land banking, the potential here is tremendous. Utilities are on site, zoning is favorable, and the surrounding commercial activity continues to thrive.
If you’re looking for location, visibility, traffic, and long-term value — this property checks every box. Don’t miss the chance to secure this strategic site before it’s gone.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | $777 | $777 | $777 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,997 | $5,206 | $7,308 |
| Total Monthly Payment | $5,899 | $6,108 | $8,210 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.