UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $173
Subdivision Fruitland Park Banzhafs Homesites
MLS Listing ID G5105012
HOA Y/N No
Year Built 1986
Annual Tax Amount $4,452
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Located just minutes from The Villages, one of the nation's fastest-growing and most affluent retirement communities, the area continues to experience rapid residential and commercial expansion. This growth fuels consistent demand for new retail, healthcare, dining, and service options—making this property ideal for immediate development or long-term investment.
The property is surrounded by strong national and regional anchors including Walmart, Publix, Dunkin', and AdventHealth, along with established shopping centers and medical offices. This commercial synergy creates a built-in customer base and strong foot and vehicle traffic.
Zoned C-1, the site allows flexible development options including:
• Retail centers or standalone stores
• Medical or professional office space
• Restaurant or drive-thru concepts
• Storage facilities or mixed-use projects
• Holding the land long-term for future appreciation
The location offers excellent connectivity to major routes such as US Highway 27/441 and CR-466A, linking Fruitland Park with Leesburg, Lady Lake, and surrounding areas. Utilities are already available, infrastructure is in place, and the ongoing commercial activity in the region adds immediate and future value.
In short, 306 N Iona Avenue meets all the key criteria for investors and developers:
? Outstanding visibility and access
? Established commercial corridor
? Rapid local growth
? Flexible zoning with ready infrastructure
? Strong potential for long-term appreciation
With negotiable pricing and an exceptional location, this property stands out as one of the last large commercial parcels suitable for development in the heart of Fruitland Park—making it a true gem for anyone seeking strong returns and lasting value.
Location
State FL
County Lake
Community Fruitland Park Banzhafs Homesites
Area 34731 - Fruitland Park
Zoning C-1
Interior
Heating Central, Ductless
Cooling Central Air, Wall/Window Unit(s)
Flooring Concrete, Tile, Vinyl
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Parking Features Parking Spaces - 1 to 5, Parking Spaces - 6 to 12, Basement
Utilities Available Electrical Nearby, Electricity Available, Public, Water Nearby
Roof Type Metal
Building
Lot Description Corner Lot
Entry Level One
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Concrete,Frame
New Construction false
Others
Ownership Other
Acceptable Financing Cash, Conventional, FHA, Private Financing Available
Listing Terms Cash, Conventional, FHA, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5105012
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