


527 E LEMON AVENUEEUSTIS, FL 32726
Commercial · 5,415 Sq. ft. | 0.57 Acres527 E LEMON AVENUE Overview
- Time on Site:
- 9 days
- Visits:
- 0
Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with four units currently occupied and two vacant units currently available for lease, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.
527 E LEMON AVENUE Facts & Features
- Type Commercial
- Sq. ft. 5,415
- Price/Sq.ft. $116
- Lot 0.57 Acres
Details
General
Income/Expenses
- Gross Income: 75000
- Gross Scheduled Income: 75000
- Net Operating Income: 50000
Building Information
- New Construction: No
- Year Built: 1919
Location/Region
- Country: US
- County Or Parish: Lake
- MLS Area Major: 32726 - Eustis
- Subdivision Name: EUSTIS
- Township: 19S
Community/Development
- Community Features: Sidewalks
Tax Information
- Tax Annual Amount: 7283
- Tax Year: 2025
General Information
- Listing Terms: Cash
- Ownership: Fee Simple
- Parcel Number: 11-19-26-0100-076-00007
- Property Sub Type: Multi-Family 5+
- Property Type: Commercial Sale
- Special Listing Conditions: None
- Zoning: SR
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Public Records
- Building Area Total: 5855
- Building Area Units: Square Feet
General Information
- Cooling: Wall/Window Unit(s)
- Foundation Details: Crawlspace
- Heating: Natural Gas
- Levels: Two
- Living Area: 5415
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Stories Total: 2
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: Corner Lot,Sidewalk
- Lot Size Acres: 0.57
- Lot Size Dimensions: 138x180
- Lot Size Square Feet: 24804
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Metal,Shingle
General Information
- Number Of Units Total: 6
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available
527 E LEMON AVENUE Neighborhood
Community
32726 (EUSTIS) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.527 E LEMON AVENUE Monthly Cost

- Dylan Leitman, Insurance Consultant | HomeServices Insurance
- HomeServices Insurance
- 904-254-6309
- Contact
527 E LEMON AVENUE Market Data
Based on the last 30 days in this zip code
527 E LEMON AVENUE History
| Date | Value | Agent |
|---|---|---|
| 6/20/2026Source: My Florida Regional MLS | June 20, 2026 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |





















































































