Modern 3-Bedroom
For Sale
$599,000
Pending
525-527 PINE LANE, Eustis, FL 32726
Newly built two-unit property with matching three-bedroom layouts and two full bathrooms in each residence.
Property Size2,158 SF
Days on Market10
Property Features for 525-527 PINE LANE
General Information
Standard status
Pending
Size
2,158 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
0.2 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 12-19-26-0001-000-03300, Public Survey Range: 26, Public Survey Section: 12, Annual Amount: $2,026, Tax Book Number: 1, Legal Description: W 112 FT OF E 607 FT OF S 80 FT OF N 214 FT OF NW 1/4 OF NE 1/4 ORB 6512 PG 1469, Lot: 0330, Year: 2026
Vinyl
2 spaces
Central Air
Electric
Inside
Listing ID: MFRO6438450, Standard Status: Pending, MLS Status: Pending, Property Subtype: Duplex, On market as of 2026-09-08, Off market as of 2026-09-10, 2 days on market, Special Conditions: None
Built in 2026, Living area: 2158, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: 00E1 EUSTIS, MLS Area (Major): 32726 - Eustis, County/Parish: Lake
Completed
Public, Water Source: Public
Slab
Road Surface: Asphalt
Ceiling Fans(s), Open Floorplan
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Other equipment: None
Building Details
Year Built
2026
Buildings
1
Listing Agency:
YOUNG REAL ESTATE
(407) 904-0069
Listed By:
Adriano Grullon Lara · License #3500488
Source:
Miharaandassociates
Added: Sep 8
Changed: Sep 15
Last Checked: Sep 16 at 7:03PM
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 YOUNG REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two residential units with matching layouts. Each residence offers three bedrooms and two full bathrooms, creating a consistent configuration across the property.
The property is located at 525-527 Pine Lane in Eustis, Florida. Its two-unit design and repeated floor plan provide a straightforward structure for residential ownership or rental use.
The property is located at 525-527 Pine Lane in Eustis, Florida. Its two-unit design and repeated floor plan provide a straightforward structure for residential ownership or rental use.
Key Highlights
- Duplex with 2 residential units
- Each unit includes 3 bedrooms and 2 full bathrooms
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,782
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,640
$575.6K
Cap Rate 7%
$411,171
$411.2K
Cap Rate 9%
$319,800
$319.8K
Market Conditions
NOI Build-Up for 2,158 SF
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.
Gross rent
$44.0K $20.40/SF
− Vacancy
−$2.9K −$1.35/SF
EGI
$41.1K $19.05/SF
− OpEx
−$12.3K −$5.72/SF
NOI
$28.8K $13.34/SF
Area
Lake County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,640
Cap Rate 7%
$411,171
Cap Rate 9%
$319,800
Alternative Uses
Best Use
Multifamily LT 5
$411.2K
$359.8K – $479.7K
NOI $28,782 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$378.6K
$331.3K – $441.7K
NOI $26,501 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$614.1K
$537.3K – $716.5K
NOI $42,987 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built two-unit property with matching three-bedroom layouts and two full bathrooms in each residence.
Where is this duplex located?
The property is located at 525-527 PINE LANE Eustis, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Duplex with 2 residential units; Each unit includes 3 bedrooms and 2 full bathrooms; Built in 2026
