This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$400,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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.
Full Property Details
Full Property Details for 306 N Iona Ave
General
- Sold For: $400,000
- Taxes: $4,452 (2025)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: G5105012
- Added to Site: 85 day(s) ago
Rental Information
- Complex Features: Bathrooms, Fencing, Fiber Optic
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Concrete, Tile, Vinyl
Parking
- Parking Features: 1 to 5 Spaces, 6 to 12 Spaces, Under Building
Location
- Area: 34731 - Fruitland Park
- County: Lake
- Development Name: 34731 - Fruitland Park
- Subdivision: FRUITLAND PARK BANZHAFS HOMESITES
- Driving Directions: From US-441/27, turn east onto County Road 466A. Continue to Shiloh Street and turn left. Follow Shiloh Street to N Iona Avenue and turn right. Property will be on the left.
- Direction Faces: East
Community
- Community Name: 34731 - Fruitland Park
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Wall Units / Window Unit
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electrical Nearby, Electricity Available, Public, Water Nearby
Structural Information
- # Buildings: 2
- Exterior Const.: Concrete, Wood Frame
- Roof: Metal
- Stories/Levels: One
- Square Feet: 2,880
- Sq. Ft. Source: Public Records
- Living Area: 2,880 Sq. Ft.
- Year Built: 1986
Additional Structures
- Other Structures: Garage(s), Storage
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,812
- Lot Size: 15812
- Frontage: Access Road, Business District, Divided Highway, Highway, Interstate, State Road
- Street/Road Desc.: Asphalt, Concrete
Financial Considerations
- Tax Amount: $4,452
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 41924020000300300
- Property ID: 41924020000300300
- Block/Lot/Section: 3
Listed and Sold by Lpt Realty, Llc
Get Pre-Approved Today
Schools
Schools serving 306 N Iona Ave
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Fruitland Park Elementary School 304 Fountain Street, Fruitland Park, FL 34731 | PK-5 | 0.1 mi |
Carver Middle School, Leesburg, FL 1200 Beecher Street, Leesburg, FL 34748 | 6-8 | 2.4 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 N Iona Ave
Date
Details
Price
Change
Source
1/26/2026
Sold
$400,000
-20%
MLS
11/28/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
306 N Iona Avenue, Fruitland Park, FL 34731 (MLS# G5105012) is a Commercial property that was sold at $400,000 on January 26, 2026. Want to learn more about 306 N Iona Avenue? Do you have questions about finding other Commercial real estate for sale in Fruitland Park? You can browse all Fruitland Park real estate or contact a Coldwell Banker agent to request more information.

