503 PALMETTO STREET, EUSTIS, FL 32726
EUSTIS HOGANS SUB · Lake County
Key Facts
Description
A rare opportunity to own a piece of local history! Formerly the community's beloved barbecue destination, this iconic BBQ restaurant served generations of loyal customers and was known for its walk-up service window, authentic smoked meats, and hometown charm. Situated on 3 PARCELS totaling approximately 5 ACRES, this unique property is perfectly positioned on the corner of Palmetto Street and E. Bates Avenue. The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000
Property Information
Property Type
Commercial Sale
Year Built
1970
Living Area
1,659 sq ft
Lot Size
0.15 acres
Ownership
Fee Simple
Zoning
MCR
Days on Market
3
MLS® Listing#
G5112936
Property Features
Cooling
Heating
Flooring
Construction
Foundation
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$1,826
Tax year 2025
Parcel Number
12-19-26-1300-00E-00012
Directions
From E. Orange Ave, turn North onto Glover St., turn West onto Bates Ave, property is on the corner of E. Bates Ave AND Palmetto St.
Affordability Calculator
$77,000
Estimated monthly payment
$2,049/mo
Principal $308,000 · Est. interest $429,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in EUSTIS, FL
- $390,526
- Median Listing Price
- 60
- Median Days on Market
- 1,932
- Median Sq Ft
- $203
- Median Price / Sq Ft
- 213
- Active Listings
- This home’s price is 1% below the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in EUSTIS, FL.
Location
Getting Around
Points of Interest in EUSTIS, FL
Showing the EUSTIS area map.
Nearby Schools
Eustis Elementary School
Elementary · 0.6 mi away
Amazing Kids Academy
School · 0.6 mi away
Eustis High School
Secondary · 0.7 mi away
Alee Academy
School · 1.2 mi away
A Kid's Corner Learning Center
School · 1.3 mi away
Eustis Middle School
Secondary · 1.5 mi away
Eustis Heights Elementary School
Elementary · 1.8 mi away
Lake County Virtual School
School · 1.8 mi away
Lake Academy Eustis
School · 2.0 mi away
Faith Lutheran School
Elementary · 2.2 mi away
Gateway Christian School
School · 2.6 mi away
Triangle Elementary School
Elementary · 3.1 mi away
Liberty Christian Preparatory School
School · 3.3 mi away
Amazing Kids Academy of Mt Dora
School · 3.5 mi away
The Preparatory School at National Deaf
School · 3.6 mi away
Christian Home & Bible School
School · 3.7 mi away
Alee Academy
School · 3.9 mi away
Living Word Academy
School · 4.0 mi away
Mt. Dora Middle School
Secondary · 4.2 mi away
Mt. Dora High School
Secondary · 4.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 203 E LAKEVIEW AVENUE, EUSTIS, FL | $269,900 | 3 | 2 | 1,750 |
| 529 E GOTTSCHE AVENUE, EUSTIS, FL | $279,000 | 3 | 2 | 1,264 |
| 601 ARLINGTON COURT, EUSTIS, FL | $279,900 | 3 | 2 | 1,436 |
| 2979 S GROVE STREET, EUSTIS, FL | $280,000 | 2 | 1 | 1,400 |
| 642 CEDAR ELM COURT, EUSTIS, FL | $284,999 | 3 | 3 | 1,645 |
| 2291 RED PINE COURT, EUSTIS, FL | $289,990 | 3 | 3 | 1,645 |
Moving Cost Estimate
EXIT Agents in EUSTIS
Listing Courtesy: RE/MAX PREMIER REALTY - 352-735-4060
Last Updated: 2026-05-27