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    2200 S Bay St Eustis, FL 32726

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    For Sale
    $319,000

    Fully leased medical condos, a prime income-producing investment opportunity.

    Lot size:
    0.04 Acres

    Property Features for 2200 S Bay St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1953

    Source: A REAL ESTATE BOUTIQUE LLC Agent Jill Nelan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Medical Condos Investment Property

    This investment opportunity features medical condominiums A and B, fully leased to Alive and Well Medical Spa. The property is located on S. Bay Street, offering high-visibility frontage and proximity to downtown Eustis and Mount Dora. The existing buildout includes a modern reception area, multiple treatment rooms, and a private office, suitable for a wellness and aesthetics provider.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rodger Scott A MD Family Practice Physician Jose J. Castillo, ... Family Planning Center Unique Tax Refund ... Tax Preparation Service Ron's Coins Coin Dealer A Abundant Health Holistic ... Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Dr. Christine Cassidy (DVM), Merritt Animal Clinic, Shamrock Gregory K DVM, Vet Wellcare Vaccinations Clinic at Pet Supermarket, Martin James C DVM

    Location Insight

    • Map
    • Local Demand
    City
    Eustis
    County
    Lake
    State
    Florida
    Longitude
    -81.6861518
    Latitude
    28.8329096

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    FAQs

    What type of property is this?
    Medical office - Fully leased medical condos, a prime income-producing investment opportunity.
    Where is this medical office located?
    The property is located at 2200 S Bay St Eustis, FL.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - Fully leased medical condos: Turnkey, income-producing investment.; - Prime location: High-visibility frontage on S. Bay Street, near downtown Eustis & Mount Dora.; - Immediate income: Leased to a long-standing, reputable tenant (Alive and Well Medical Spa).
    (352) 516-5616
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    2200 S Bay St Eustis, FL 32726
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    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
    2200 S Bay St Eustis, FL 32726
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