$595,000
* 202 W Idlewild Ave & 506 Fahnstock St
Eustis, FL 32726
Listing updated: September 11, 2026 at 6:48 AM ET
Listing courtesy of Sim Rei · Wesley Owen · MLS #O6433064 · Active · 352-508-5870Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
Excellent investment opportunity featuring two newer-construction single-family homes, both currently tenant-occupied and producing immediate rental income. Please do not disturb the tenants. The first home was built in 2022 and is currently leased for $2,400 per month, with the lease expiring August 31, 2026. The second home was built in 2023 and is currently leased for $2,430 per month, with the lease expiring July 31, 2026. Both tenants have occupied their respective homes since construction was completed, providing a strong history of long-term occupancy. The homes feature attractive modern finishes, including wood-look tile flooring, quartz countertops, stainless steel appliances, tray ceilings, and spacious open-concept living areas. These newer homes combine stylish design with durable, low-maintenance finishes that appeal to both tenants and investors. Together, the properties generate $4,830 per month in gross rental income, or $57,960 annually at the current lease rates. The seller prefers to sell both properties together as a package, offering an excellent opportunity to acquire two stabilized rentals at once, but may consider selling the homes individually. With newer construction, established tenants, similar finishes and locations, and upcoming lease flexibility, this is an attractive opportunity for an investor seeking dependable rental income with long-term upside.
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 history1 days on market
- Status: ActiveSep 10, 2026
- Listed$595,000Sep 10, 2026
- Price increased$595,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Eustis Idlewild Heights
- County
- Lake
- Year built
- 2022
- Living area
- 2,705 sq ft
- Price/sq ft
- $220
- Lot size
- 5,725 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12069C0358E)
- Garage
- 1 spaces
- Annual taxes
- $5,176 (2025)
- Parcel #
- 14-19-26-1000-000-03500
- Zoning
- SR
- MLS #
- O6433064
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Interior Details
- Bedrooms
- 6
- Interior features
- Open Floorplan, Tray Ceiling(s)
- Laundry
- Laundry Room
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-09-10
- On market date
- 2026-09-10
- Original list price
- $595,000
- Occupant type
- Tenant
- MLS area
- 32726 - Eustis
- Listing AOR
- Orlando Regional
- Status changed
- 2026-09-10
- Tax legal description
- EUSTIS IDLEWILD HEIGHTS PB 9 PG 48 LOT 35 ORB 5912 PG 717
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 S Bay St/US-19 in Eustis, turn L onto W Idlewild Ave to 202 W Idlewild Ave. For 506 Fahnstock St: take SR-19/Bay St north into Eustis. Turn right onto E Lakeview Ave, left onto Haselton St, left onto Washington Ave, then right onto Fahnstock St.
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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 September 11, 2026 at 6:48 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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