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Renovated Multifamily Building
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527 E Lemon Ave, Eustis, FL 32726

Six-unit wood-frame apartment building with a mix of one-, two-, and three-bedroom units.

Property Size5,349 SF
Lot Size0.22 Acres
Days on Market120

Property Features for 527 E Lemon Ave

General Information

Standard status Active
Size 5,349 SF
Lot size 0.22 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Year Built 1919
Stories 2
Construction wood frame
Tenancy Multi
Listing Agency: 100UNits.com
Listed By: Joe LaFleur · License #BK3206282
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 4:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 100UNits.com

Investment Insights

Based on property information with market context.

Lemon Avenue Apartments is a six-unit multifamily property built in 1919. The building is wood frame with pitched metal roofing and is configured as a single two-story structure. The unit mix includes four one-bedroom, one-bath units; one two-bedroom, one-bath unit; and one three-bedroom, one-bath unit. Five of the six units have been fully renovated.

The property is located on a 0.22-acre lot in a historic residential neighborhood. The landlord pays water, sewer, and electric for all units, while tenants are responsible for their gas.

This offering presents a compact, single-building rental configuration with a renovated majority of units and an established utility-payment structure.

Key Highlights

  • 6‑unit wood‑frame multifamily building built in 1919 with pitched metal roofing
  • Unit mix includes 4 one‑bedroom/1‑bath, 1 two‑bedroom/1‑bath, and 1 three‑bedroom/1‑bath
  • Approximately 5,349 gross SF in a single two‑story building on a 0.22‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Storage Facility (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby

Demographics for 32726, FL

23,012
Population
11,168
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
2,001
Density / Sq Mi
$60,750
Median Household Income
$37,197
Median Earnings
$1,027
Median Rent
$230,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit wood-frame apartment building with a mix of one-, two-, and three-bedroom units.
Where is this apartment building located?
The property is located at 527 E Lemon Ave Eustis, FL.
What are key features of this property?
This property features: 6‑unit wood‑frame multifamily building built in 1919 with pitched metal roofing; Unit mix includes 4 one‑bedroom/1‑bath, 1 two‑bedroom/1‑bath, and 1 three‑bedroom/1‑bath; Approximately 5,349 gross SF in a single two‑story building on a 0.22‑acre lot
More about this property
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