$749,000
205 Grove Street
Eustis, FL 32726
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
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 history153 days on market
- Status: ActiveDec 26, 2025
- Listed$750,000Dec 26, 2025
- Price reduced$749,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 153
- Subdivision
- Eustis
- County
- Lake
- Year built
- 1924
- Living area
- 4,066 sq ft
- Price/sq ft
- $141
- Building area
- 5,306 sq ft (Owner)
- Lot size
- 17,424 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12069C0356E)
- Annual taxes
- $4,476 (2025)
- Parcel #
- 11-19-26-0100-077-00700
- Zoning
- RT
- MLS #
- O6367864
Heating & Cooling
- Cooling
- Mini-Split Unit(s), Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Corporation
Exterior & Construction
- Construction materials
- Wood Siding
- Foundation
- Crawlspace
- Road surface
- Other
Listing Details
- Listing date
- 2025-12-24
- On market date
- 2025-12-26
- Original list price
- $750,000
- MLS area
- 32726 - Eustis
- Listing AOR
- Orlando Regional
- Status changed
- 2025-12-26
- Tax legal description
- EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
Flood risk
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
From 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.
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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 May 28, 2026 at 10:30 AM 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