$449,800

1505 Russell Avenue

Eustis, FL 32726

Active
0
Baths
3.18
Acres
3.18 acres$3/sqft
🏠Land

Property type

📐138,698 sqft

Lot size

📊$3

Price / sq ft

🏘️No HOA

HOA dues

📅41

Days on market

🌊X

Flood zone

About this home

****Potential to build up to 38 units***3.18 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development. Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools Development Standards: Maximum Density: 12 units per acre Maximum Height: • 35’ – Single-Family • 45’ – Multi-Family Incentives & Density Bonuses: Developers can unlock 5–15% additional density by incorporating: Affordable Housing • At least 20% of units affordable to households earning <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income Green Building & Energy Efficiency • Additional bonuses available for sustainable design and certification Manufactured Housing Provisions: Residential units manufactured off-site are permitted if they: Meet all federal & state construction standards Are permanently attached to foundations Comply with all lot, yard, and land development regulations

Estimated monthly payment

Principal & interest$2,274
Property taxes$167
Home insurance (est.)$206

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history41 days on market

  1. Status: Active
    Sep 12, 2025
  2. Listed$499,800
    Sep 12, 2025
  3. Price reduced$449,800

Facts & features

Property type
Land
Status
Active
Days on market
41
Subdivision
Eustis Taylors Sub
County
Lake
Price/sq ft
$3
Lot size
138,698 sq ft
Lot category
2 to less than 5
Flood zone
X (12069C0356E)
Annual taxes
$2,008 (2024)
Parcel #
12-19-26-3100-00F-00001
Zoning
UR
MLS #
O6343741

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2025-09-12
On market date
2025-09-12
Original list price
$499,800
MLS area
32726 - Eustis
Listing AOR
Orlando Regional
Status changed
2025-09-12
Tax legal description
EUSTIS TAYLOR'S SUB W 100 FT OF BLK F PB 2 PG 31 ORB 1288 PG 1142

Flood risk

Minimal riskFEMA Zone XPanel 12069C0356E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Get on FL-417 N/FL-417 Toll N from S Sanford Ave and E 25th St, Take FL-429 S to County Rd 46A in Lake County. Exit from FL-429 S 12 min, Follow County Rd 46A to FL-44 W 5 min (3.5 mi), Turn left onto FL-44 W 8 min (6.1 mi) Continue on E Orange Ave. Drive to Russell Ave in Eustis

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 23, 2025 at 2:03 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA