Categories
Apartments
About this property
7% Cap Rate on existing "net operating income". History of good occupancy and steady increases in rental rates. The development (Picciola Reserve) consist of 11 lots with 8 lots developed (7 duplex buildings and 1 single family home). Constructed in 2005- 2007 by owner/contractor. The duplexes average 1,250 sf per rental unit with single car garages and the single family is 1,647 sf with 2 car garage. The 3 vacant lots not included.
Property details
- Property Type
- Residential
- Building Type
- Freestanding
- Building Size
- 24,638 sqft
- Land Size
- 6 acres
- Units
- 15
- Sewer
- Septic
- Water
- City
- Zoning
- PUD
- Electric
- City
- Year Built
- 2006
- Roof
- Gable/Hip, Ashpalt Shingle
- Parking
- Driveways
- Construction
- Block/Stucco
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
Wood Duck Lane
Fruitland Park, Florida 34731 - Cross street
- Picciola Road