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, Eustis, FL 32726
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Angie Gooden

Angie Gooden

LPT Realty, LLC

+1(843) 576-9551
$ 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 5+

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 5+

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

Take a Closer Look

205 S GROVE ST

Angie went above and beyond as my realtor. We toured multiple houses together, and she truly listened to my opinions and adjusted to my needs. As a first-time home-buyer, I was initially very hesitant about the whole process, but Angie’s made the entire process manageable by communicating timely and objectively. She ensured I had all the information needed to make an informed decision and provided her own research and expertise during negotiations. I loved going through this process with her. I felt safe knowing she was on my side and looking out for my best interests. I recently closed on the perfect dream house for my mom, and after multiple tours, deep research, and late-night texts, we made it happen! Thank you so much, Angie! You saw my vision, believed in me, and worked with me to make this dream a reality. I appreciate you always communicating, respecting my work schedule, and bringing your expertise to the table. I never felt judged, and you made the entire process so much less stressful. I am so glad to have worked with you. I 100% recommend you! <3

Yesenia De Rosas

Learn More About LPT Realty

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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