NOT LISTED FOR SALE

1102 S Center St Eustis, FL 32726

Estimated Value: $277,000 - $421,000

6 Beds
3 Baths
3,492 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $293,250 $84 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,118/month

3 Days on Market

Highlights

  • Garage Apartment
  • Separate Formal Living Room
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Formal Dining Room

About This Home

As of September 2024

Multiple offers. Seller will review all offers on Sunday 8/4 at 5pm. This historic Dutch Colonial triplex, located on a spacious corner lot in Historic Downtown Eustis, offers a unique investment opportunity. Built in 1948, the main house includes two mirror-image, two-story units at 1102 and 1104 S Center St. Each unit features 2 bedrooms, 1 bath, a bonus room, a large living room, and a dining room. The property is filled with natural light thanks to numerous windows, and boasts beautiful wood floors and woodwork crafted from local pines in the Ocala National Forest. Each unit has washer/dryer hookups and a private fenced backyard. The second floor of each unit includes two large bedrooms, a full bath, and a bonus room. Both units are equipped with window unit AC and heat, and unit 1102 can be easily converted back to central AC as the ductwork is already in place. Roof is approx 10 years old and there are at least 5 years of life left. There is a transferable termite bond.

The second building, located at 1106 S Center St, includes two garage stalls, a large workshop or storage area, and a spacious 2-bedroom apartment on the second floor. This apartment has a charming “treehouse” feel with windows on all sides letting in plenty of light. Each unit is separately metered, making it convenient for renting. At market rent, an investor can expect over a 10% ROI. With over a quarter acre and multi-family zoning, there is also potential to tear down and build new luxury units. The property is situated in a quiet neighborhood, just moments away from charming downtown restaurants, shops, and the beautiful waterfront park. Don’t miss out on this excellent investment opportunity!

Last Agent to Sell the Property

Rob Gaudreau

MAINFRAME REAL ESTATE Brokerage Phone: 407-513-4257 License #3056853 Listed on: 08/01/2024

MAINFRAME REAL ESTATE

Last Buyer's Agent

Brad Verkaik

NARROW ROAD REALTY License #3246043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Irrigation

Parking

  • 2 Car Garage
  • Garage Apartment
  • Bathroom In Garage
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Bi-Level Home
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,492 Sq Ft Home
  • Built-In Features
  • Separate Formal Living Room
  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 4,372 Sq Ft Building
  • Eustis Sales Add Subdivision

Building Details

  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,900

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 3492
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 4372
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 11520
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 406.17
  • Escrow State: FL
  • RATIO Current Price By Calculate: 83.98
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 407-513-4257
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Interior Amenities: Built-in Features, PrimaryBedroom Upstairs
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 6
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Garage Apartment,Storage Rooms
  • Living Area Meters: 324.42

Exterior Features

  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0358E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Off Street, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: Electric Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SR
  • Parcel Number: 14-19-26-2100-000-00300
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Sidewalk, Paved
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3100

Multi Family

  • Gross Income: 37200
  • Number Of Units Total: 3
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4900
  • Tax Block: 000
  • Tax Book Number: 2-1
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 4, 2024
Sold by
Walton Accommodations 160 Llc
Bought by
Verkaik Properties Llc
Seller's Agent
Rob Gaudreau
MAINFRAME REAL ESTATE
Buyer's Agent
Brad Verkaik
NARROW ROAD REALTY
List Price
$298,600
Sold Price
$293,250
Premium/Discount to List
-$5,350
-1.79%
Views
11
Current Estimated Value
$320,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,201
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 11, 2024
Sold by
Riordan Family Trust and Riordan Robert A
Bought by
Walton Accommodations 160 Llc
Seller's Agent
Rob Gaudreau
MAINFRAME REAL ESTATE
Buyer's Agent
Brad Verkaik
NARROW ROAD REALTY
List Price
$298,600
Sold Price
$293,250
Premium/Discount to List
-$5,350
-1.79%
Views
11

Purchase Details

Closed on
Sep 18, 2018
Sold by
Riordan Robert
Bought by
Riordan Robert A

Purchase Details

Listed on
Mar 14, 2012
Closed on
Jun 19, 2014
Sold by
Clark Susan L
Bought by
Riordan Robert
Seller's Agent
Karen Riscinto
FLORIDA LIFESTYLE REALTY GROUP
Buyer's Agent
Troy Bryant
COLDWELL BANKER RESIDENTIAL RE
List Price
$127,900
Sold Price
$127,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$95,925
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2005
Sold by
Coleman Grace S
Bought by
Clark Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1996
Sold by
Coleman William C and Coleman Grace S
Bought by
Coleman Grace S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Verkaik Properties Llc $100 None Listed On Document
Walton Accommodations 160 Llc $293,300 None Listed On Document
Riordan Robert A -- Attorney
Riordan Robert $127,900 Attorney
Clark Susan L $290,000 --
Coleman Grace S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riordan Robert $95,925
Previous Owner Clark Susan L $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $293,250 0.0% $84 / Sq Ft
09/12/2024 09/12/24 Sold $293,250 0.0% $84 / Sq Ft View Prior Sale
08/04/2024 08/04/24 Pending -- -- --
08/04/2024 08/04/24 Off Market $293,250 -- --
08/04/2024 08/04/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $298,600 0.0% $86 / Sq Ft
08/01/2024 08/01/24 For Sale $298,600 0.0% $86 / Sq Ft
04/08/2022 04/08/22 Rented $900 0.0% --
04/04/2022 04/04/22 Under Contract -- -- --
03/26/2022 03/26/22 Price Changed $900 -9.5% $1 / Sq Ft
03/17/2022 03/17/22 For Rent $995 0.0% --
03/04/2022 03/04/22 Off Market -- -- --
03/02/2022 03/02/22 For Rent $995 +13.7% --
06/08/2021 06/08/21 Off Market $875 -- --
03/10/2021 03/10/21 Rented $875 -2.2% --
03/09/2021 03/09/21 Under Contract -- -- --
01/26/2021 01/26/21 Price Changed $895 -3.2% $1 / Sq Ft
12/28/2020 12/28/20 Price Changed $925 0.0% $1 / Sq Ft
12/28/2020 12/28/20 For Rent $925 +3.4% --
12/15/2020 12/15/20 Off Market $895 -- --
12/12/2020 12/12/20 For Rent $895 +2.3% --
12/12/2019 12/12/19 Rented $875 -2.8% --
12/09/2019 12/09/19 Under Contract -- -- --
11/17/2019 11/17/19 Price Changed $900 -2.7% $1 / Sq Ft
11/12/2019 11/12/19 For Rent $925 0.0% --
08/17/2018 08/17/18 Off Market $127,900 -- --
06/20/2014 06/20/14 Sold $127,900 0.0% $43 / Sq Ft View Prior Sale
03/28/2014 03/28/14 Pending -- -- --
03/14/2012 03/14/12 For Sale $127,900 -- $43 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,267 $341,383 $67,350 $274,033
2025 $4,900 $340,425 $67,350 $273,075
2024 $4,900 $340,425 $67,350 $273,075
2023 $4,900 $331,879 $67,350 $264,529
2022 $4,664 $321,713 $57,184 $264,529
2021 $3,458 $170,167 $0 $0
2020 $3,631 $170,113 $0 $0
2019 $3,684 $170,113 $0 $0
2018 $3,411 $159,961 $0 $0
2017 $3,107 $144,898 $0 $0
2016 $3,039 $139,822 $0 $0
2015 $3,056 $137,249 $0 $0
2014 $2,913 $130,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6226531

Stellar MLS

APN: 14-19-26-2100-000-00300