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205 S Grove Street

Eustis, FL 32726
  • $750,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: O6367864
UPDATED: 29 min ago
$750,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,066
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

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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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-13T10:45:09.06.
www.clearwaterbeachhomesforsale.com/homes/171586158
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205 S Grove Street Eustis, FL 32726

  • Price: $750,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 29 min ago
  • MLS #: O6367864
0
Beds
0
Baths
0
½ Baths
0.4
Acres
4,066
SQFT
$184
$/SQFT
1924
Built
Neighborhood:
Eustis
County:
Lake
Area:
Eustis
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.
Exterior Features

Construction Materials Wood Siding Foundation Details Crawlspace Lot Size Dimensions 79 x 242 Road Frontage Type City Street Road Surface Type Other Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 5306 Cooling Mini-Split Unit(s)Wall/Window Unit(s) Cooling YN Yes Stories Total 2

Property Features

Flood Zone Code X New Construction Yn No Ownership Corporation Property Sub Type Multi Family Special Listing Conditions None Tax Annual Amount 4475.98 Total Annual Fees 0 Total Monthly Fees 0 Zoning RT


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LPT REALTY, LLC: 877-366-2213.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-13T10:45:09.06.
 
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10575 68th Ave N, Suite B2
Seminole FL, 33772