301 E ATWATER AVENUE Eustis, FL 32726
Triplex - EUSTIS, FL
- Added:
- Feb 19, 2026
- Days on Market:
- 145
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 301 E ATWATER AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- SR
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Ceiling Fans(s), Solid Surface Counters, Thermostat
- Exterior features
- Fence, Private Yard, Sidewalk, Storage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 11-19-26-0100-144-00311
- Size
- 2,341 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4104
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1949
- Number of units
- 3
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Braden Verkaik (352) 931-4117
Listing office NARROW ROAD REALTY 811 South Bay Street, Eustis, FL (352) 589-8100
Listing date Feb 19, 2026
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.
The property sits on a fenced lot and is located in Eustis, Florida, just minutes from downtown. It is described as being conveniently close to schools, parks, shopping, and public transit, with easy access to US-441.
For buyers seeking a multi-unit residential setup, the combination of unit sizes across three separate homes, recent roof replacement, and multiple renovated interiors can support a range of ownership strategies, including long-term rental operations. The presence of a signed lease in one unit provides current occupancy within the duplex, while the other units offer flexibility for future leasing or resident placement.
Key Highlights
- Two‑building, 3‑unit property on one tax parcel: 301 E Atwater Ave (3/1) plus 1305 S Dewey St Duplex (2/2).
- New roofs on both buildings completed May 2025.
- 301 E Atwater: renovated 3‑bedroom, 1‑bath home with new interior/exterior paint, new flooring, and granite solid surface counters.
Local Financial Insights For Multifamily LT 5
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 | $47.8k | $20.40 |
| − Vacancy | −$3.2k | −$1.35 |
| EGI | $44.6k | $19.05 |
| − OpEx | −$13.4k | −$5.72 |
| NOI | $31.2k | $13.34 |
