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205 Grove Street, EUSTIS, FL 32726
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205 Grove Street
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Would you like to sell your current home before you purchase this one? Click Here Like this Property? Submit an Offer Now
Priced at Only: $750,000
For more Information Call: (352) 279-4408
Address: 205 Grove Street, EUSTIS, FL 32726
Est. Payment For a Fast & FREE Mortgage Pre-Approval Apply Now
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Virtual Tour
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  • MLS#: O6367864 ( Commercial Sale )
  • Street Address: 205 Grove Street
  • Viewed: 4
  • Price: $750,000
  • Price sqft: $141
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 5306
  • Days On Market: 13
  • Additional Information
  • Geolocation: 28.8508 / -81.6831
  • County: LAKE
  • City: EUSTIS
  • Zipcode: 32726
  • Subdivision: Eustis
  • Provided by: LPT REALTY, LLC
  • Contact: Juan Vazquez
  • 877-366-2213
  • mfrmls
  • DMCA Notice
  • 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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 4066.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
  • Area Major: 32726 - Eustis
  • Parcel Number: 11-19-26-0100-077-00700
  • Zoning Code: RT
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Nearby Subdivisions
Eustis   Eustis 2200 Southbay Condo   Eustis Badger   Eustis Lake Saunders Sub   Eustis Northshore   Eustis Quayles Golf Link Sub   Prescotts Addeustis  
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  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com