NOT LISTED FOR SALE

222 E Atwater Ave Eustis, FL 32726

Estimated Value: $315,067 - $319,000

3 Beds
2 Baths
1,510 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 30, 2025

Last sale price $315,000 $209 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,868/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • High Speed Internet
  • Outdoor Storage
  • Ceiling Fan
  • Wood Siding

About This Home

As of June 2025

Turnkey Investment Opportunity in Downtown Eustis!

Welcome to 222 E Atwater Ave, a fully leased duplex located just minutes from charming downtown Eustis. This income-producing property features two separate units, both currently rented and generating a combined $3,000/month in rental income—making it an ideal opportunity for investors seeking immediate cash flow.

Each unit offers updated interiors, functional layouts, and reliable tenants already in place. With strong rental demand in the area and close proximity to shopping, dining, and Lake Eustis, this property delivers both convenience and profitability.

Whether you're looking to expand your portfolio or start your real estate investment journey, this low-maintenance, income-generating duplex is a smart move.

Don’t miss out—schedule your private showing today!

Last Agent to Sell the Property

Logan Wilson

RLW REALTY Brokerage Phone: 352-771-2560 License #3248440 Listed on: 05/21/2025

Last Buyer's Agent

Stacy Wilson

EXIT GLOBAL REALTY License #632080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1927

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Vinyl Flooring
  • Crawl Space
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Eustis Elementary School
  • Eustis Middle School
  • Eustis High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,510 Sq Ft Building
  • Eustis Villa Heights Subdivision

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,386

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1510
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1927
  • Building Area Total: 1510
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 12000
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 140.28
  • Escrow City: Tavares
  • Escrow State: FL
  • Escrow Street Name: Dora Ave
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 208.61
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-771-2560
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Living Area Meters: 140.28

Exterior Features

  • Exterior Features: Lighting, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Outside
  • 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

Schools

  • Elementary School: Eustis Elem
  • High School: Eustis High School
  • Middle Or Junior School: Eustis Middle

Lot Info

  • Zoning: SR
  • Parcel Number: 14-19-26-2300-000-01600
  • Additional Parcels: No
  • Lot Features: City Limits
  • Lot Dimensions: 100x120
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 3000
  • Lease Restrictions YN: 0
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 36000
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2
  • Est Annual Market Income: 37200.00

Tax Info

  • Tax Annual Amount: 2386
  • Tax Block: 000
  • Tax Book Number: 4-57
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jun 20, 2025
Sold by
Grinstead Trenton T
Bought by
Casa Solutions Llc
Seller's Agent
Logan Wilson
RLW REALTY
Buyer's Agent
Stacy Wilson
EXIT GLOBAL REALTY
List Price
$315,000
Sold Price
$315,000
Views
7
Current Estimated Value
$317,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034
Avg. Annual Appreciation
1.47%

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 31, 2023
Sold by
Eustis Street Apartments Llc
Bought by
Grinstead Trenton T
Seller's Agent
Tammie Vinson
FRONT PORCH REALTIES
Buyer's Agent
Logan Wilson
RLW REALTY
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$266,750
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 28, 2023
Sold by
Trampe Robert W and Trampe Regan H
Bought by
Eustis Street Apartments Llc
Seller's Agent
Suzanne Docobo
EXP REALTY LLC
Buyer's Agent
Tammie Vinson
FRONT PORCH REALTIES
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.89%
Original Mortgage
$123,250
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Us Bank National Association
Bought by
Trampe Robert and Trampe Regan

Purchase Details

Closed on
Mar 31, 2011
Sold by
Knight Ellen J and Knight Cal J
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 16, 2011
Sold by
Knight Ellen J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 15, 1995
Sold by
Duval Lawrence J and Duval Pearl A
Bought by
Knight Cal J and Knight Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
8.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Casa Solutions Llc $315,000 Apple Title
Casa Solutions Llc $315,000 Apple Title
Grinstead Trenton T $280,000 Apple Title
Grinstead Trenton T $280,000 Apple Title
Eustis Street Apartments Llc $145,000 --
Trampe Robert $30,000 Chelsea Title Company
Us Bank National Association -- Attorney
Wells Fargo Bank Na -- Attorney
Knight Cal J $43,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grinstead Trenton T $266,750
Previous Owner Eustis Street Apartments Llc $123,250
Previous Owner Knight Cal J $43,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $315,000 0.0% $209 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $315,000 0.0% $209 / Sq Ft
08/21/2024 08/21/24 Rented $1,550 0.0% --
08/14/2024 08/14/24 For Rent $1,550 0.0% --
08/29/2023 08/29/23 Sold $280,000 -11.1% $185 / Sq Ft View Prior Sale
07/06/2023 07/06/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $315,000 +117.2% $209 / Sq Ft
03/01/2023 03/01/23 Sold $145,000 -9.4% $96 / Sq Ft View Prior Sale
01/29/2023 01/29/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $160,000 0.0% $106 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $160,000 -- $106 / 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 $2,486 $123,217 $45,000 $78,217
2025 $1,783 $123,217 $45,000 $78,217
2024 $1,783 $123,217 $45,000 $78,217
2023 $1,783 $120,566 $45,000 $75,566
2022 $1,692 $116,066 $40,500 $75,566
2021 $1,356 $76,601 $0 $0
2020 $1,255 $64,033 $0 $0
2019 $1,197 $63,970 $0 $0
2018 $996 $46,584 $0 $0
2017 $928 $43,279 $0 $0
2016 $882 $40,579 $0 $0
2015 $890 $39,961 $0 $0
2014 $883 $39,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6311191

Stellar MLS

APN: 14-19-26-2300-000-01600