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LPT Realty
306 N Iona Avenue, Fruitland Park, FL 34731
- $400,000
- 2,880
- SqFt
- Sold Price
- $400,000
- List Price
- $500,000
- Status
- Sold
- Days on Market
- 10
- Closing Date
- Jan 26, 2026
- MLS#
- G5105012
- Property Style
- Mixed Use
- Year Built
- 1986
- Living Area
- 2,880
- Lot Size
- 15,812
- Acres
- 0.36
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Fruitland Park Banzhafs Homesites
- MLS Area Major
- Fruitland Park
Property Description
306 N Iona Avenue represents a rare opportunity to secure a high-traffic, high-visibility commercial property in the center of Fruitland Park’s most rapidly developing corridor. Strategically positioned near the intersections of CR-466A, N Dixie Avenue, and N Iona Avenue, this site benefits from more than 40,000 vehicles each day traveling directly along CR-466A—providing unmatched exposure for any retail, office, or service-based business. 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.
Additional Information
- Taxes Annual
- $4452
- Location
- Corner Lot
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- C-1
- Floor
- Concrete, Tile, Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- Electrical Nearby, Electricity Available, Public, Water Nearby
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Concrete, Frame
- Roof
- Metal
- Foundation
- Concrete Perimeter
- Pool
- No Pool
- Garage Features
- Parking Spaces - 1 to 5, Parking Spaces - 6 to 12, Basement
- Flood Zone Code
- X
- Parcel ID
- 04-19-24-0200-003-00300
- Legal Description
- FRUITLAND PARK BANZHAF'S HOMESITES LOT 3--LESS S 10 FT--LOT 4 BLK 3 PB 16 PG 66 ORB 1279 PG 2342 ORB 5640 PG 1184 ORB 5680 PG 1653
Listing courtesy of LPT REALTY, LLC. 877-366-2213
Selling Office: LPT REALTY, LLC.How much is your home worth?
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