Renovated Multifamily
For Sale
$629,000
527 E LEMON AVENUE, Eustis, FL 32726
Six-unit wood-frame apartment building with a mix of one-, two-, and three-bedroom units.
Property Size5,855 SF
Lot Size0.22 Acres
Price / SF$107.43
Days on Market135
Property Features for 527 E LEMON AVENUE
General Information
Standard status
Active
Size
5,855 SF
Lot size
0.22 Acres
Property subtype
Multi-Family 5+
Additional Details
Multifamily Units
6
Amenities
0.57 acres, Dimensions: 138x180, Corner Lot, Sidewalk
Metal, Shingle
Public Sewer
Additional parcels description:, Parcel Number: 11-19-26-0100-076-00007, Public Survey Range: 26E, Public Survey Section: 11, Annual Amount: $7,283, Tax Block: 076, Tax Book Number: 1-79, Legal Description: EUSTIS E 138 FT OF S 179.5 FT BLK 76 PB 1 PG 79 ORB 5187 PG 1441, Lot: 7, Year: 2025, Zoning: SR
Gross Income: $75,000, Gross ScheduledIncome: $75,000, Net Operating Income: $50,000
Wall/Window Unit(s)
Natural Gas
Listing ID: MFRG5113226, Standard Status: Active, MLS Status: Active, Property Subtype: Multi-Family 5+, On market as of 2026-06-20, 6 days on market, Special Conditions: None
Built in 1919, Living area: 5415, Living area units: Square Feet, 2 stories, Levels: Two, Construction Materials: Frame
Subdivision: EUSTIS, MLS Area (Major): 32726 - Eustis, County/Parish: Lake
Sidewalks
Electricity Available, Natural Gas Available, Water Source: Public, 6 separate gas meters
Crawlspace
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Building Details
Year Built
1919
Stories
2
Construction
wood frame
Tenancy
Multi
Listing Agency:
ORISON PROPERTIES INC.
(352) 729-3811
Listed By:
Stephanie Frederick · License #3157535
Source:
Miharaandassociates
Added: Apr 12
Changed: Aug 23
Last Checked: Aug 24 at 5:07AM
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 ORISON PROPERTIES INC.
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.
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
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
872
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 AVENUE Eustis, FL.
What is the asking price?
The asking price for this property is $629,000.
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
