2979 S Grove Street, Eustis, FL 32726
- $280,000
- 2
- BD
- 1
- BA
- 1,400
- SqFt
- List Price
- $280,000
- Status
- Active
- Days on Market
- 11
- MLS#
- O6425935
- Property Style
- Single Family
- Year Built
- 1935
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,400
- Lot Size
- 29,760
- Acres
- 0.68
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- 0002
- MLS Area Major
- Eustis
Property Description
EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just off the highly traveled intersection of US HIGHWAY 441 AND S BAY STREET in Eustis, this unique property offers incredible potential for investors, developers, and business owners. The existing home is a FIXER-UPPER and the property has already received APPROVED REZONING FOR COMMERCIAL AND MULTIFAMILY USE, giving the next owner a valuable head start. Whether you choose to renovate the existing home, create an income-producing rental, establish a business, or redevelop the property for commercial or multifamily use (subject to local requirements), the possibilities are extensive. Its location along one of Eustis’ busiest commercial corridors provides EXCELLENT ACCESSIBILITY AND EXPOSURE while remaining just off the main intersection. Conveniently located near DOWNTOWN EUSTIS, shopping, restaurants, medical facilities, schools, and major roadways, this property is positioned in an area experiencing continued growth and redevelopment. The owner has already completed the rezoning process, eliminating a significant hurdle for future development. Properties with this combination of location, zoning flexibility, and investment potential are hard to find. Whether you’re an investor looking for your next project or a developer seeking a prime location, this is an opportunity you won’t want to miss. VACANT. ALL SHOWINGS MUST BE SCHEDULED THROUGH SHOWINGTIME. DO NOT WALK THE PROPERTY OR APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PROPERTY IS MONITORED. CONTACT LISTING AGENT WITH ANY QUESTIONS.
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Additional Information
- Taxes
- $612
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- R-1
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Floor
- Other
- Appliances
- None
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Frame
- Exterior Features
- Other, Private Mailbox
- Roof
- Metal
- Foundation
- Pillar/Post/Pier
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 23-19-26-0002-000-02300
- Legal Description
- BEG 640.2 FT E OF NW COR OF SE 1/4 OF NW 1/4, RUN S 49DEG E 411.84 FT, S 40DEG W 170.74 FT FOR POB, RUN S 49DEG E 248 FT, S 40DEG 07MIN W 116.36 FT, N 50DEG 32MIN W 219.56 FT, NE'LY TO POB ORB 1852 PG 0722
Listing courtesy of EXP REALTY LLC. 888-883-8509
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