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    Eustis Investment Opportunity
    Updated: Apr 24
    Eustis Investment Opportunity

    422 & 426 E CITRUS Ave, Eustis, FL 32726

    $980,000
    5,797 sqft 0.62 AC lot
    Turnkey investment opportunity with 100% occupancy and over $97,000 annual cash flow, providing an attractive 6.64% CAP rate.
    Two quadplex buildings (8 apartment units total) plus 4 storage units, all generating income.
    Fully remodeled and updated units: Building 422 in 2018 and Building 426 in 2019.
    Excellent location: Historic district of Eustis, just 3 blocks from downtown, and walking distance to amenities.
    No HOA and ample parking: .62 acres with two dedicated parking spaces for each unit.
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    This listing looks promising.

    Here's a quick look at some key insights for

    422 & 426 E CITRUS Ave, Eustis, FL 32726

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $77K
      Annual

    • Mortgage

      $131K
      Oct 2017

    • Last Sold

      Oct 2017
      $175K

    • Property Type

      Quadplex
      Built 1884
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    In-Unit Laundry Multifamily Building
    Updated: Jun 12
    In-Unit Laundry Multifamily Building

    475 UMATILLA BOULEVARD, Umatilla, FL 32784

    $1,900,000
    10,080 sqft 0.53 AC lot
    Fully renovated 16‑unit multifamily property, currently 100% occupied with long‑term tenants
    Unit mix: 4 two‑bedroom/one‑bath, 11 one‑bedroom/one‑bath, and 1 studio; each unit includes in‑unit laundry
    Extensive upgrades include updated electrical, newer HVAC units, and upgraded water heaters
    Heating and cooling: electric heating and heat pump, with central air
    Exterior features include level site, paved areas, sidewalk, and block construction; roof is shake
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    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    53 BLUFF LAKE ROAD, Mascotte, FL 34753

    $599,995
    4,764 sqft 0.32 AC lot

    Five leased units with separate electric meters and service panels, plus a recently replaced roof and septic system.

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    EUSTIS Multifamily Investment Opportunity
    EUSTIS Multifamily Investment Opportunity

    205 S GROVE STREET, Eustis, FL 32726

    $749,000
    4,066 sqft 0.40 AC lot

    Fully occupied, renovated 7-unit property in Eustis, Florida.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1120 WEBSTER STREET, Leesburg, FL 34748

    $425,000
    3,382 sqft 0.55 AC lot

    Fully occupied six-unit property with separately metered power, shared owner-paid water, and storage areas on-site.

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    Tavares Multifamily Community For Sale
    Tavares Multifamily Community For Sale

    1000 E CAROLINE St, Tavares, FL 32778

    $3,600,000
    32,000 sqft 3.56 AC lot

    40-unit multifamily community with HUD-backed rental income in Tavares, Florida.

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    Multi-Family 5+ - EUSTIS, FL
    Multi-Family 5+ - EUSTIS, FL

    422 & 426 E CITRUS AVENUE, Eustis, FL 32726

    $980,000
    5,203 sqft 0.62 AC lot

    Apartment buildings · 5,203 SF

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    Umatilla Investment Opportunity For Sale
    Umatilla Investment Opportunity For Sale

    37415 STATE ROAD 19, Umatilla, FL 32784

    $899,000
    1,920 sqft 1.10 AC lot

    Two buildings, almost fully leased, on 1.17 acres.

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    Fully Renovated Multifamily Building
    Fully Renovated Multifamily Building

    475 UMATILLA Blvd, Umatilla, FL 32784

    $1,900,000

    Fully renovated 16-unit property with in-unit laundry, updated major systems, and ample on-site parking for stable rental operations.

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    Two-Building Mixed-Use Income Property
    Two-Building Mixed-Use Income Property

    37415 State Road 19, Umatilla, FL 32784

    $899,000
    4,721 sqft

    Remodeled 7-unit apartments plus 1,920 SF pole barn/covered carport commercial space on SR 19.

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    Eustis Multifamily Investment Opportunity
    Eustis Multifamily Investment Opportunity

    205 S GROVE St, Eustis, FL 32726

    $749,000

    Fully occupied, renovated 7-unit property generating strong monthly income.

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    Umatilla Investment Opportunity For Sale
    Umatilla Investment Opportunity For Sale

    37415 STATE ROAD 19, Umatilla, FL 32784

    $899,000
    4,721 sqft 1.10 AC lot

    Two buildings, almost fully leased, on 1.17 acres.

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    Multifamily Investment in Lake County
    Multifamily Investment in Lake County

    617 E MYERS Blvd, Mascotte, FL 34753

    $850,000

    Eight-unit multifamily property with income potential in Mascotte, Florida.

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    Renovated Apartment Building Near Lakes
    Renovated Apartment Building Near Lakes

    301 S EAST St, Leesburg, FL 34748

    $1,000,000
    0.48 AC lot

    12-unit apartment building with renovation potential near downtown Leesburg.

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    Umatilla Multifamily and Commercial Property
    Umatilla Multifamily and Commercial Property

    37415 STATE ROAD 19, Umatilla, FL 32784

    $899,000
    1.10 AC lot

    Two buildings with income potential in Umatilla, Florida.

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    Downtown Tavares Mixed-Use Investment Property
    Downtown Tavares Mixed-Use Investment Property

    107 W MAIN STREET, TAVARES, Tavares, FL 32778

    $499,000
    1,662 sqft 0.05 AC lot

    Two-unit mixed-use building in historic downtown Tavares, fully occupied.

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    Leesburg Condos Package for Sale
    Leesburg Condos Package for Sale

    706 W DIXIE AVENUE 9, Leesburg, FL 34748

    $2,375,000
    816 sqft 0.02 AC lot

    Package of 19 condos with HOA control in Leesburg, FL.

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    Leesburg Multifamily Investment Opportunity
    Leesburg Multifamily Investment Opportunity

    149 ROYAL PALM Dr, Leesburg, FL 34748

    $139,000
    0.15 AC lot

    Multifamily property for sale in Leesburg, Florida.

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    Fruitland Park Multifamily Opportunity
    Fruitland Park Multifamily Opportunity

    20 CAPTAINS Pt, Fruitland Park, FL 34731

    $159,900
    0.09 AC lot

    Multifamily property for sale in Fruitland Park, Florida.

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    Leesburg Multifamily Investment Opportunity
    Leesburg Multifamily Investment Opportunity

    164 ROYAL PALM Dr, Leesburg, FL 34748

    $177,250
    0.15 AC lot

    Multifamily property for sale in Leesburg, Florida.

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    Mount Plymouth Fixer-Upper Opportunity
    Mount Plymouth Fixer-Upper Opportunity

    31504 COLBY PLACE, Sorrento, FL 32776

    $225,000
    2,997 sqft

    Six-bed, two-bath property with significant value-add potential.

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    Leesburg Multifamily Investment Opportunity
    Leesburg Multifamily Investment Opportunity

    203 ASPEN Cir, Leesburg, FL 34748

    $89,900
    0.09 AC lot

    Multifamily property for sale in Leesburg, Florida.

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    Parkside Condos Investment Opportunity
    Parkside Condos Investment Opportunity

    706 W Dixie Ave, Leesburg, FL 34748

    $2,195,000

    19-unit condo package in Leesburg, Florida, with HOA control.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Lake County, FL, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lake County, FL

    Consider similar Off-Market properties in Lake County, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    100 Dewey St
    Multifamily properties

    100 Dewey St, Eustis, FL 32726

    Value Estimation by Request
    0.47 AC lot
    View details

    Lake County, FL Apartment Buildings Market Trends and Statistics

    Explore 31 apartment buildings for sale in Lake County, FL, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 84,130 square feet of properties for sale, with an estimated market value of $14,604,995.

    Sale prices for two-family homes in Lake County, FL start at $225,000, averaging $1,123,461, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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