EUSTIS, FL 32726 205 S GROVE STREET
$749,000



31 more































Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213
Home Details
Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow.
The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required.
Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.
Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213
Interior Features for 205 S GROVE STREET
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Total Stories2
General for 205 S GROVE STREET
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityEUSTIS
Construction MaterialsWood Siding
CoolingMini-Split Unit(s), Wall/Window Unit(s)
CountyLake
DirectionsFrom US-441 in Eustis, head east on W Orange Ave. Turn right onto S Grove St. Continue south; the property is located at 205 S Grove St, Eustis, FL, on the right.
DockY/NNo
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionEUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
Living Area UnitsSquare Feet
Lot Size Square Feet17424
Lot Size UnitsSquare Feet
MLS Area32726 - Eustis
New ConstructionNo
OwnershipCorporation
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameEUSTIS
Tax Annual Amount4475.98
Tax Lot7
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1924
ZoningRT
Exterior for 205 S GROVE STREET
Building Area Total5306
Foundation DetailsCrawlspace
Lot Dimensions79 x 242
Lot Size Acres0.4
Lot Size Area17424
Number of Buildings2
Road Frontage TypeCity Street
Road Surface TypeOther
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Daniela Montalvo
Realtor®
SQFT • 4,066