Listing provided courtesy of LPT REALTY, LLCas Distributed by MLSGrid- MLS# MFRO6367864
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Request Info205 S GROVE STREETEUSTIS, FL 32726
Commercial · 4,066 Sq. ft. | 0.40 Acres$749,000
Active
205 S GROVE STREET Overview
- Time on Site:
- 185 days
- Visits:
- 3
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.
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205 S GROVE STREET Facts & Features
- Type Commercial
- Sq. ft. 4,066
- Price/Sq.ft. $184
- Lot 0.40 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1924
Location/Region
- Country: US
- County Or Parish: Lake
- MLS Area Major: 32726 - Eustis
- Subdivision Name: EUSTIS
- Township: 19S
Tax Information
- Tax Annual Amount: 4475.98
- Tax Year: 2025
General Information
- Ownership: Corporation
- Parcel Number: 11-19-26-0100-077-00700
- Property Sub Type: Multi-Family 5+
- Property Type: Commercial Sale
- Special Listing Conditions: None
- Zoning: RT
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Owner
- Building Area Total: 5306
- Building Area Units: Square Feet
General Information
- Cooling: Mini-Split Unit(s),Wall/Window Unit(s)
- Foundation Details: Crawlspace
- Living Area: 4066
- Living Area Units: Square Feet
- Stories Total: 2
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.4
- Lot Size Dimensions: 79x242
- Lot Size Square Feet: 17424
- Road Surface Type: Other
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Wood Siding
General Information
- Road Frontage Type: City Street
205 S GROVE STREET Neighborhood
Community
32726 (EUSTIS) Demographics
39
Median Age
1,683
Population Density (per sq. mile)
27%
College Educated
$50,439
Estimated Median Income
5,908
Estimated Total Home Owners
3,193
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.205 S GROVE STREET Monthly Cost
- Dylan Leitman, Insurance Consultant | HomeServices Insurance
- HomeServices Insurance
- 904-254-6309
- Contact
205 S GROVE STREET Market Data
Based on the last 30 days in this zip code
$374,880
Average List Price
$199
Average Price per Square Foot
31
Properties Sold
108
Average Days on Market
179
Properties for Sale
205 S GROVE STREET History
| Date | Value | Agent |
|---|---|---|
| 1/15/2026Source: My Florida Regional MLS | $749,000 -0.1% |
|
| 12/26/2025Source: My Florida Regional MLS | December 26, 2025 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |