205 S GROVE STREET, EUSTIS, FL 32726
EUSTIS · Lake County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1924
Stories
2
Living Area
5,306 sq ft
Lot Size
0.40 acres
Lot Dimensions
79x242
Ownership
Corporation
Zoning
RT
Days on Market
153
MLS® Listing#
O6367864
Property Features
Cooling
Basement
Construction
Financial Details
Annual Taxes
$4,476
Tax year 2025
Parcel Number
11-19-26-0100-077-00700
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.
Affordability Calculator
$149,800
Estimated monthly payment
$3,986/mo
Principal $599,200 · Est. interest $835,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in EUSTIS, FL
- $389,130
- Median Listing Price
- 60
- Median Days on Market
- 1,917
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 210
- Active Listings
- This home’s price is 92% above the area median.
- Its price per sq ft is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in EUSTIS, FL.
Location
Points of Interest in EUSTIS, FL
Showing the EUSTIS area map.
Nearby Schools
Eustis Elementary School
Elementary · 0.3 mi away
A Kid's Corner Learning Center
School · 0.6 mi away
Eustis High School
Secondary · 0.7 mi away
Eustis Heights Elementary School
Elementary · 1.0 mi away
Lake County Virtual School
School · 1.1 mi away
Lake Academy Eustis
School · 1.2 mi away
Amazing Kids Academy
School · 1.3 mi away
Faith Lutheran School
Elementary · 1.6 mi away
Alee Academy
School · 1.9 mi away
Eustis Middle School
Secondary · 2.3 mi away
Liberty Christian Preparatory School
School · 2.5 mi away
Gateway Christian School
School · 2.7 mi away
Triangle Elementary School
Elementary · 2.7 mi away
Amazing Kids Academy of Mt Dora
School · 3.6 mi away
Tavares Elementary School
Elementary · 3.6 mi away
Christian Home & Bible School
School · 3.7 mi away
Thinking Kids
School · 3.8 mi away
Lake County Schools
School · 3.8 mi away
Hampshire Academy
School · 3.8 mi away
The Preparatory School at National Deaf
School · 3.8 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 |
|---|---|---|---|---|
| STATE ROAD 44, EUSTIS, FL | $525,000 | — | — | — |
| 1021/1023 TITCOMB STREET, EUSTIS, FL | $525,000 | 6 | 4 | 2,634 |
| 32416 PINE ROAD, EUSTIS, FL | $525,000 | 3 | 2 | 1,624 |
| 41824 ASPEN STREET, EUSTIS, FL | $540,000 | 4 | 3 | 2,065 |
| 42808 ROYAL TRAILS ROAD, EUSTIS, FL | $549,000 | 3 | 3 | 2,778 |
| 1505 E CROOKED LAKE DRIVE, EUSTIS, FL | $550,000 | 3 | 3 | 2,752 |
Moving Cost Estimate
EXIT Agents in EUSTIS
Listing Courtesy: LPT REALTY, LLC - 877-366-2213
Last Updated: 2025-12-24