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426 E CITRUS Ave Eustis, FL 32726

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For Sale
$490,000

Turnkey investment opportunity: quad-plex plus four storage units.

Type:Investment
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 5:40 pm

Property Features for 426 E CITRUS Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1925

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Listing Contact
Joel Bornstein

Listing agent Joel Bornstein License #3211229

Listing office ROCK SPRINGS REALTY, LLC

Listing date Apr 24, 2026

Source Elliman

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 ROCK SPRINGS REALTY, LLC


Overview

Eustis Quad-Plex with Storage Units

This is a quad-plex apartment building with an additional four storage rental units, located in the historic district of Eustis, Florida, just three blocks from downtown. The property is currently delivering a 6.16% CAP Rate with additional revenue potential. This turnkey investment opportunity is 100% occupied, and all tenants are on annual leases. There is no HOA. The property utilizes City of Eustis water and sewer services. Each unit includes living and dining rooms, a full kitchen, a full bathroom, a primary bedroom, a bonus room or second bedroom, and a rear porch, along with two dedicated parking spaces. All units were fully remodeled and updated in 2019. The property also includes a detached four-unit rental storage building with roll-up doors, generating $500.00 in monthly income. The property is located within close proximity and walking distance to Downtown Eustis and Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks and just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. The property has a walk score of 80, indicating it is very walkable, and a bike score of 49, indicating it is somewhat bikeable.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Eustis
County
Lake
State
Florida
Longitude
-81.6805498
Latitude
28.8515332

FAQs

What type of property is this?
Quadplex - Turnkey investment opportunity: quad-plex plus four storage units.
Where is this quadplex located?
The property is located at 426 E CITRUS Ave Eustis, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Turnkey quad‑plex apartment building with additional (4) storage rental units, 100% occupied with annual leases.; Located in the historic district of Eustis, just (3) blocks from downtown and within walking distance to amenities.; Currently delivering a 6.16% CAP Rate with additional revenue potential from storage units.
More about this property
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