Property Description

ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.16% CAP Rate with Additional Revenue Potential. 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. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. 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. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.

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Included Appliances

Electric Water HeaterRangeRange HoodRefrigerator

Property Details

Interior

Additional Rooms

Bonus RoomFamily Room

Appliances

Electric Water HeaterRangeRange HoodRefrigerator

Building Area Total

2592

Cooling

Mini-Split Unit(s)

Flooring

LaminateLuxury VinylHardwood

Furnished

Unfurnished

Heating

CentralElectric

Interior Features

Built-in FeaturesCeiling Fan(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorPrimaryBedroom UpstairsSplit BedroomThermostatWalk-In Closet(s)Window Treatments

Living Area

2304

Security Features

Smoke Detector(s)

Window Features

Aluminum FramesBlindsWindow Treatments

Construction

Building Area Source

Estimated

Building Area Units

Square Feet

Construction Materials

StuccoWood Frame

Foundation Details

CrawlspaceSlab

Levels

Two

Living Area Source

Estimated

Living Area Units

Square Feet

Number Of Units Total

4

Property Condition

Completed

Roof

Membrane

Year Built

1925

Site & Exterior

Covered Spaces

4

Exterior Features

OutbuildingAwning(s)LightingSidewalkStorage

Flood Zone Code

x

Garage Dimensions

20x48

Garage Spaces

4

I D X Participation

Yes

Lot Features

City LotLandscapedLevelOversized LotSidewalk

Lot Size Acres

0.32

Lot Size Area

14335

Lot Size Dimensions

60 x 234

Lot Size Square Feet

14335

Lot Size Units

Square Feet

Number Of Lots

Yes

Number Of Separate Electric Meters

4

Number Of Separate Water Meters

Yes

Open Parking

Yes

Other Structures

Storage

Parking Features

AssignedGround LevelGuestOpen

Patio And Porch Features

PatioRear Porch

Public Survey Range

26E

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 AvailableElectricity AvailablePublicSewer ConnectedWater Connected

Water Source

Public

Zoning

SR

Financials

Calculated List Price By Calculated Sq Ft

212.67

Contract Status Change Date

2026-01-26

Current Price

490000

Existing Lease Type

Gross

Feed Types

BBO

Lease Considered

Yes

Lease Renewal Option

Yes

Lease Term

12 Months

Minimum Lease

No Minimum

Owner Name

426 ECLLC

Ownership

Fee Simple

Parcel Number

111926010007600403

Public Survey Township

19S

Tax Annual Amount

3645

Tax Block

076

Tax Book Number

1-79

Tax Legal Description

EUSTIS E 61.36 FT OF LOT 4 BLK 76 PB 1 PG 79 ORB 5291 PG 2443 "AND" 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 5011 PG 2109

Tax Lot

4

Tax Year

2025

Total Actual Rent

4175

Neighborhood & Lifestyle

Community & Association

M L S Area Major

32726 - Eustis

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.

426 E CITRUS AVENUE

426 E CITRUS AVENUE

Property Description

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Property Details

Interior

Construction

Site & Exterior

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Joel Bornstein

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426 E CITRUS AVENUE

426 E CITRUS AVENUE

Property Description

Watch Video

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Joel Bornstein