700 Mount Homer Rd Eustis, FL 32726
Estimated payment $2,242/month
About This Lot
Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!
Listing Agent
SIM REI Brokerage Phone: 352-508-5870 License #3440270 Listed on: 08/06/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,153
Lot Details
- 1 Acre Lot
- Lot Dimensions are 210x208
- Property is zoned UR
Community Details
- Acreage & Unrec Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-19-26-0001-000-00200
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,510 | $173,935 | $173,935 | -- |
| 2025 | $3,479 | $173,935 | $173,935 | -- |
| 2024 | $3,479 | $173,935 | $173,935 | -- |
| 2023 | $3,479 | $173,935 | $173,935 | $0 |
| 2022 | $2,153 | $105,415 | $105,415 | $0 |
| 2021 | $1,948 | $95,832 | $0 | $0 |
| 2020 | $2,502 | $117,190 | $0 | $0 |
| 2019 | $2,499 | $115,371 | $0 | $0 |
| 2018 | $2,280 | $106,659 | $0 | $0 |
| 2017 | $2,287 | $106,659 | $0 | $0 |
| 2016 | $2,534 | $106,659 | $0 | $0 |
| 2015 | $1,733 | $96,205 | $0 | $0 |
| 2014 | $1,739 | $96,205 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2024 08/06/24 | For Sale | $395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | Clayton H Blanchard Jr Pa | |
| Warranty Deed | $1,400,000 | Attorney | |
| Special Warranty Deed | $525,000 | Attorney | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $11,400,000 | Construction | |
| Previous Owner | $400,000 | Future Advance Clause Open End Mortgage |
Source: Stellar MLS
MLS Number: O6230070
APN: 22-19-26-0001-000-00200
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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