To schedule a showing of 205 S Grove Street, Eustis, Florida, Call David Shippey at 863-521-4517 TODAY!
$749,000 | N/A beds | N/A full baths | N/A half baths | 4,066 sqft
Eustis, FL 32726
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 4,066SqFt
- 1924Year Built
- 0.40Acres
- MLS# O6367864
- Commercial
- MultiFamily
- Active
- Approx Time on Market5 months, 10 days
- Area32726 - Eustis
- CountyLake
- Subdivision Eustis
Overview
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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Building Info
Building Area Source: Owner
Business Info
Buyer Compensation
Exterior Features
Financial
Original Price: $750,000
Garage / Parking
Green / Env Info
Interior Features
Lot Info
Direction Remarks: From US-441 in Eustis, head east on W Orange Ave. Turn right onto S Grove St. Continue south; the property is located at 205 S Grove St, Eustis, FL, on the right.
Lot Size Units: Acres
Lot Size Acres: 0.4
Lot Sqft: 17,424
Road Frontage Type: CityStreet
Est Lotsize: 79x242
Other
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 11
Class Type: MultiFamily
Construction Materials: WoodSiding
Total Stories: 2
Foundation: Crawlspace
Sqft Info
Sqft: 4,066
Bulding Area Sqft: 5,306
Living Area Units: SquareFeet
Tax Info
Tax Year: 2,025
Tax Lot: 7
Tax Legal Description: EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
Tax Block: 077
Tax Annual Amount: 4475.98
Tax Book Number: 1-79
Unit Info
Utilities / Hvac
Cool System: Ductless, WallWindowUnits
Cooling: Yes
Waterfront / Water
Directions
From US-441 in Eustis, head east on W Orange Ave. Turn right onto S Grove St. Continue south; the property is located at 205 S Grove St, Eustis, FL, on the right.This listing courtesy of Lpt Realty, Llc
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MLS IDX data last updated on 06-06-2026 3:52 PM EST.
If you have any questions on 205 S Grove Street, Eustis, Florida, please call David Shippey at 863-521-4517.
MLS# O6367864 located at 205 S Grove Street, Eustis, Florida is brought to you by David Shippey REALTOR®
205 S Grove Street, Eustis, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 205 S Grove Street, Eustis, Florida is O6367864.
The price for 205 S Grove Street, Eustis, Florida is $749,000.
The status of 205 S Grove Street, Eustis, Florida is Active.
The subdivision of 205 S Grove Street, Eustis, Florida is Eustis.
The home located at 205 S Grove Street, Eustis, Florida was built in 2026.