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Lake County Β· Eustis, FL 32726

32726 | πŸ—οΈ Approved Commercial & Multifamily Rezoning | 0.68-Acre Lot | $300K ARV | Prime Development Opportunity πŸ’°

$240,000
2
Beds
1
Baths
1,400
Sq ft
1935
Year built
$60K spread

About this property

This fixer-upper features 2 bedrooms and 1 bathroom across 1,400 Sq Ft of living area and 1,936 Sq Ft of total structure on a 0.68-acre lot built in 1935. Amenities include a metal roof, central air, electric heating, public water and sewer, no HOA, annual property taxes of approx. $612, and approved rezoning for commercial and multifamily use. Located just off the busy US Highway 441 and S Bay Street intersection in Eustis, it sits in a high-visibility location near US Highway 441 and S Bay Street with an estimated ARV of $300,000. The property offers renovation or redevelopment potential, with potential for residential rental, commercial business, or multifamily development, subject to applicable requirements, and convenient access to downtown Eustis, shopping, restaurants, medical facilities, schools, and major roadways.

Property snapshot

Layout2 Bed / 1 Bath
Living area1,400 sq ft
Lot size1 sq ft
Year built1935
Property typeMulti-Family
CountyLake County

Deal details

Asking price$240,000
ARV estimate$300,000
Spread (ARV βˆ’ asking)$60,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$240K
ARV est.
$300K
Spread
$60K
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M
Ms. Meriam
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