Eustis, FL 32726,205 S GROVE ST
Eustis, FL 32726,205 S GROVE ST
Eustis, FL 32726,205 S GROVE ST
Eustis, FL 32726,205 S GROVE ST
Eustis, FL 32726,205 S GROVE ST
Eustis, FL 32726,205 S GROVE ST
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$ 749,000
Est. payment | /mo

4,066 SqFt


$ 749,000
Est. payment | /mo

4,066 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,066 sqft

Price per Sqft $184

Subdivision Eustis

MLS Listing ID O6367864

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,475

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 79x242

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow.

The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required.

Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.

Location

State FL

County Lake

Community Eustis

Area 32726 - Eustis

Zoning RT

Interior

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Building

Story 2

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Structure Type Wood Siding

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6367864

Stellar MLS
Listed by Juan Vazquez LPT REALTY, LLC
Schools and Properties Nearby
SCHOOLSPROPERTIES
Elementary Schools 11
  • 5

    Triangle Elementary School

    Public | PK - 5

  • 5

    Eustis Elementary School

    Public | PK - 5

  • 4

    Tavares Elementary School

    Public | PK - 5

  • 1

    Eustis Heights Elementary School

    Public | PK - 5

  • 0

    Dba Mount Dora Christian Academy

    Private | PK - 12

  • 0

    Liberty Christian Preparatory School

    Private | PK - 12

  • 0

    Gateway Christian School

    Private | PK - 8

  • 0

    Faith Lutheran School

    Private | PK - 8

  • 0

    Lake Academy Eustis

    Public | KG - 12

  • 0

    Lake Virtual Instruction Program (District Provide

    Public | KG - 12

  • 0

    Lake County Preparatory Academy Llc

    Private | PK - KG

Middle Schools 1
  • 5

    Eustis Middle School

    Public | 6 - 8

High Schools 4
  • 6

    Tavares High School

    Public | 9 - 12

  • 4

    Eustis High School

    Public | 9 - 12

  • 0

    Lake Technical Center

    Public | 9 - 12

  • 0

    Alee Academy Charter School

    Public | 9 - 12

School and business data provided by Attom Data.
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205 S GROVE ST