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Active Commercial

205 S GROVE STREET

Eustis, FL 32726

STELLAR #O6367864 Updated: May 28, 2026, 1:08pm
$749,000
0 Beds • 0 Baths • 4,066 SqFt
Property
ActiveCommercial
1/36
$749,000

205 S GROVE STREET

Eustis, FL 32726
0
Beds
0
Baths
4,066
SqFt
0.4
Acres
STELLAR
#O6367864
Updated: May 28, 2026, 1:08pm

Property Description

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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Property Details

Interior
Building Area Total
5306
Cooling
Mini-Split Unit(s)Wall/Window Unit(s)
Living Area
4066
Construction
Building Area Source
Owner
Building Area Units
Square Feet
Construction Materials
Wood Siding
Foundation Details
Crawlspace
Living Area Units
Square Feet
Stories Total
2
Year Built
1924
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.4
Lot Size Area
17424
Lot Size Dimensions
79 x 242
Lot Size Square Feet
17424
Lot Size Units
Square Feet
Public Survey Range
26E
Public Survey Section
11
Road Frontage Type
City Street
Road Surface Type
Other
Total Acreage
1/4 to less than 1/2
Zoning
RT
Financials
Calculated List Price By Calculated Sq Ft
141.16
Contract Status Change Date
2025-12-26
Current Price
749000
Feed Types
BBO
Owner Name
104 & 205 S GROVE LLC
Ownership
Corporation
Parcel Number
111926010007700700
Public Survey Township
19S
Tax Annual Amount
4475.98
Tax Block
077
Tax Book Number
1-79
Tax Legal Description
EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034
Tax Lot
7
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32726 - Eustis
Subdivision Name
EUSTIS
WalkScore™
Walk Score
Very Walkable
77
Bike Score
Bikeable
56
More details on WalkScore.com
Listing provided courtesy of STELLAR via IDX. Updated: May 28, 2026, 1:08pm.
Juan Vazquez

Listing Agent

LPT REALTY, LLC

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