$784,900
$10K PRICE DROP

205 S Grove St Eustis, FL 32726

Estimated payment $4,664/month

Total Views 6,741
8 Beds
7 Baths
3,546 Sq Ft
$221 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Walk-In Closet
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Garden

About This Home

This is an exceptional opportunity for investors or anyone looking to reside! This property, with 7 fully occupied units, provides a stable and reliable income stream. Located in a vibrant and convenient neighborhood with easy access to essential amenities, it also offers renovation potential to further increase its value. With a proven track record of high occupancy and consistent rental yields, it is the perfect choice for those looking to maximize their returns. Don't miss the opportunity to own a profitable asset in a highly sought after area!

Listing Agent

Umberto Da Cunha Neto

WRA BUSINESS & REAL ESTATE Brokerage Phone: 407-512-1008 License #3415413 Listed on: 09/17/2024

WRA BUSINESS & REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,393

Year Built

  • Built in 1924

Lot Details

  • 0.4 Acre Lot
  • Garden

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,546 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Legal Lot and Block 7 / 077
  • Assessor Parcel Number 11-19-26-0100-077-00700

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Eustis Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,393

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3546
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1924
  • Lot Size Sq Ft: 17424
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Get on I-4 Express from N Rosalind Ave and N Magnolia Ave, Continue on I-4 Express. Take FL-414 W and FL-429 N to FL-46 W in Lake County. Take the FL-46 W exit from FL-453, Continue on FL-46 W. Take US-441 N and Old Mt Dora Rd to S Grove St in Eustis.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: Commodity Cir # 11
  • Escrow Street Number: 8810
  • List Office Head Office Key Nume: 1042541
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 221.35
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-512-1008
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 8
  • Levels: One
  • Street Number Modifier: 205
  • Living Area Meters: 329.43

Exterior Features

  • Exterior Features: Garden, Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-12-18
  • Flood Zone Panel: 12069C0356E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: RT
  • Parcel Number: 11-19-26-0100-077-00700
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1619

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Terms Of Lease: Gross Lease

Multi Family

  • Number Of Units Total: 7
  • Total Num Buildings: 1
  • Unit Count: 7

Tax Info

  • Tax Annual Amount: 4393
  • Tax Block: 077
  • Tax Book Number: 1-79
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Rent $1,090 0.0% --
01/03/2025 01/03/25 Price Changed $784,900 -0.6% $221 / Sq Ft
10/18/2024 10/18/24 Price Changed $789,900 -0.4% $223 / Sq Ft
10/04/2024 10/04/24 Price Changed $792,900 -0.1% $224 / Sq Ft
09/19/2024 09/19/24 Price Changed $793,900 -0.1% $224 / Sq Ft
09/17/2024 09/17/24 For Sale $794,900 0.0% $224 / Sq Ft
03/15/2024 03/15/24 Rented $1,100 0.0% --
01/10/2024 01/10/24 For Rent $1,100 0.0% --
05/03/2022 05/03/22 Sold $400,000 -8.0% $98 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $435,000 -- $107 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6240232

Stellar MLS

APN: 11-19-26-010007700700