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    205 S Grove St Eustis, FL 32726

    Sponsored
    For Sale
    $750,000

    Multi Family - EUSTIS, FL

    Type:Single Family Attached
    Property size:
    4,066 SF
    Lot size:
    0.40 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 205 S Grove St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    RT
    APN
    11-19-26-0100-077-00700
    Size
    4,066 SF
    Lot size
    0.40 Acres

    Utilities

    Cooling system
    Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1924
    Building materials
    Wood Siding
    Architectural style
    Other

    LPT Realty, LLC. (877) 366-2213 [email protected]

    Listing agent Juan Vazquez (877) 366-2213 License #3554435

    Listing date Dec 26, 2025

    MLS# O6367864 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    EUSTIS Multifamily Investment Opportunity

    This is a fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. The stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. The property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow after taxes and insurance. 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. The property is 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. The property size is 4,066 square feet and it sits on a 0.4 acre lot. The property is zoned RT. It is located in Lake County, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunbright Designs Cabinet Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eustis
    County
    Lake
    State
    Florida
    Longitude
    -81.683089
    Latitude
    28.850824

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied, renovated 7-unit property generating strong rental income.
    Where is this apartment building located?
    The property is located at 205 S Grove St Eustis, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Fully occupied 7-unit multifamily property generating $7,210 monthly gross rent.; - Offered at nearly a 10% cap rate after taxes and insurance, providing attractive cash flow.; - **Fully renovated, reducing near-term capital expenditure needs.**
    (877) 366-2213
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    205 S Grove St Eustis, FL 32726
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 S Grove St Eustis, FL 32726
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