Property Description

ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces per unit. All units are in good operating condition! The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

Included Appliances

Electric Water HeaterRangeRange HoodRefrigerator

Property Details

Interior

Additional Rooms

AtticFamily Room

Appliances

Electric Water HeaterRangeRange HoodRefrigerator

Building Area Total

3205

Cooling

Mini-Split Unit(s)

Flooring

CarpetCeramic TileLaminateHardwood

Furnished

Unfurnished

Heating

CentralElectric

Interior Features

Built-in FeaturesCeiling Fan(s)Eating Space In KitchenKitchen/Family Room ComboPrimary Bedroom Main FloorPrimaryBedroom UpstairsSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s)Window Treatments

Living Area

2841

Window Features

Window Treatments

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Wood Frame

Foundation Details

Crawlspace

Levels

Two

Living Area Source

Public Records

Living Area Units

Square Feet

Number Of Units Total

4

Roof

MetalShingle

Year Built

1884

Site & Exterior

Exterior Features

LightingSidewalk

Flood Zone Code

X

I D X Participation

Yes

Lot Features

City LotLevelNear Public TransitSidewalk

Lot Size Acres

0.29

Lot Size Area

12749

Lot Size Dimensions

55 x 234

Lot Size Square Feet

12749

Lot Size Units

Square Feet

Number Of Lots

Yes

Number Of Separate Electric Meters

4

Number Of Separate Water Meters

Yes

Parking Features

GuestReserved

Patio And Porch Features

Front PorchPatioRear PorchScreened

Public Survey Range

26

Public Survey Section

11

Road Frontage Type

Street Paved

Road Responsibility

Public Maintained Road

Road Surface Type

PavedAsphalt

Sewer

Public Sewer

Total Acreage

1/4 to less than 1/2

Utilities

BB/HS Internet AvailableCable AvailableElectricity ConnectedPhone AvailableSewer ConnectedStreet LightsWater Connected

Water Source

Public

Zoning

SR

Financials

Calculated List Price By Calculated Sq Ft

172.47

Contract Status Change Date

2026-02-17

Current Price

490000

Existing Lease Type

GrossOther

Feed Types

BBO

Lease Considered

Yes

Lease Term

12 Months

Minimum Lease

No Minimum

Owner Name

422 ECLLC

Ownership

Fee Simple

Parcel Number

111926010007600401

Public Survey Township

19

Tax Annual Amount

3915

Tax Block

76

Tax Book Number

1-79

Tax Legal Description

EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76, RUN N TO PT 44 FT S OF N LINE OF LOT 4, E 4 FT, N 44 FT, E 51 FT, S TO S LINE LOT 4, W TO POB PB 1 PG 79 ORB 858 PGS 1609-1614

Tax Lot

4

Tax Year

2025

Total Actual Rent

3935

Neighborhood & Lifestyle

Community & Association

Additional Lease Restrictions

Lease Restrictions & Requirements Provided Upon Request.

Community Features

Sidewalks

Lease Restrictions

Yes

M L S Area Major

32726 - Eustis

Max Pet Weight

35

Number Of Pets

2

Pet Restrictions

Pet Restrictions Provided Upon Request.

Pet Size

Small (16-35 Lbs.)

Pets Allowed

Breed RestrictionsNumber LimitSize LimitYes

Subdivision Name

EUSTIS

Schools

Ratings

Elementary

Eustis Elem

Middle

Eustis Middle

High

Eustis High School

Listing provided courtesy of STELLAR via IDX. Updated: Mar 26, 2026, 1:53pm.

422 E CITRUS AVENUE

422 E CITRUS AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Joel Bornstein

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422 E CITRUS AVENUE

422 E CITRUS AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Joel Bornstein