Medical Office Space with On-Site
For Sale
$500,000
1318 S EUSTIS Street, Eustis, FL 32726
SINGLE_FAMILY - EUSTIS, FL
Property Size1,950 SF
Lot Size0.30 Acres
Price / SF$256.41
Days on Market159
Property Features for 1318 S EUSTIS Street
General Information
Property type
Residential
Property subtype
Office
Zoning
RT
Subdivision
EUSTIS BISHOPS SUB
Directions
From West bound US-441, head west on US-441 N. Slight right to merge onto FL-19 N/S Bay St. toward Eustis/Umatilla. Then turn right onto E Atwater Ave, and finally turn left onto S Eustis St and your destination will be on the left.
Standard status
Active
APN
14-19-26-0400-016-00502
Size
1,950 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EUSTIS BISHOP'S SUB PB 2 PG 4 THE EAST 90 FEET OF LOTS 5 & 6 AND LOTS 7 & 8--LESS W 25 FT--BLK 16 ORB 2185 PG 1393
Tax Annual Amount
6251
Legal Description
EUSTIS BISHOP'S SUB PB 2 PG 4 THE EAST 90 FEET OF LOTS 5 & 6 AND LOTS 7 & 8--LESS W 25 FT--BLK 16 ORB 2185 PG 1393
Utilities
Cooling system
Central Air
Building Details
Year built
1995
Floors in Building
1
Building materials
Block, Stucco
Roof type
Metal
Additional Structures
Storage
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Meredith Findley · License #3638884
(352) 217-4724
Added: Feb 24
Changed: Jul 31
Last Checked: Aug 2 at 11:06AM
MLS# G5108980
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.
Investment Insights
Based on property information with market context.
1318 S Eustis Street presents a medical office building configured for professional use, with a bright reception and waiting area, updated flooring, and large windows. The interior layout includes multiple offices designed to support an efficient, functional workflow.
Constructed in 1995, the building features solid block and stucco construction with a metal roof, central air conditioning, and city utilities. The property sits on a paved street within city limits and includes dedicated on-site parking for patients and staff.
Set in the heart of Eustis and positioned just minutes from AdventHealth Waterman, the location places an office service presence close to established businesses along this convenient corridor.
Constructed in 1995, the building features solid block and stucco construction with a metal roof, central air conditioning, and city utilities. The property sits on a paved street within city limits and includes dedicated on-site parking for patients and staff.
Set in the heart of Eustis and positioned just minutes from AdventHealth Waterman, the location places an office service presence close to established businesses along this convenient corridor.
Key Highlights
- Zoning RT
- 1995 construction with solid block and stucco exterior
- Metal roof
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $24.00 |
| − Vacancy | −$8.0k | −$4.08 |
| EGI | $38.8k | $19.92 |
| − OpEx | −$9.7k | −$4.98 |
| NOI | $29.1k | $14.94 |
1,950 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$416.2K
$364.2K – $485.6K
NOI $29,133 @ 7.0% cap · market cap 5.83%
Second Best
Healthcare Medical
$397.1K
$347.5K – $463.3K
NOI $27,799 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$554.9K
$485.6K – $647.4K
NOI $38,844 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Medical Center — 400 W Woodward Ave, Eustis, FL 32726
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with central air, city utilities, and dedicated on-site parking in zoning RT.
Where is this medical office space located?
The property is located at 1318 S EUSTIS Street Eustis, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Zoning RT; 1995 construction with solid block and stucco exterior; Metal roof
