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GABLES DRIVE

Lots/Land For Sale
$700,000

BTC: 10.93750000

ETH: 438.95678784

153 days
Waterfront
0 room(s)

Overview

Mixed Use Vacant Commercial Land A RARE Opportunity! Extensive due-diligence materials are already completed, including boundary and parcel maps, topographic survey, utility information, and a pre- approved drainage permit from the St. Johns River Management District. Ownership has explored multiple development scenarios and may share conceptual plans and supporting documentation with qualified buyers. Positioned at the North Gateway to historic Downtown Mount Dora, this ±1.64-acre mixeduse parcel represents one of the last remaining ready-to-build vacant lots along the highly sought-after US Highway 441 commercial corridor, near its intersection with Donnelly Street. The property offers exceptional visibility along Highway 441, enhanced by serene pond frontage that creates a distinctive setting rarely found on major commercial corridors. The site is bordered by national retailers Lowe’s and Ace Hardware, with the established 44 Gables residential community to the rear, providing strong built-in demand and synergy for future development. Located within the City of Eustis at its boundary with Mount Dora, the property is zoned MCR (Mixed-Use Commercial Residential), allowing a wide range of permitted uses including: • Residential (all types) • Live/Work concepts • Medical and professional offices • Retail and neighborhood commercial uses • Child or adult care facilities • Bed & Breakfast • Select automotive service uses The site is ideally suited for a mixed-use project combining commercial, office, and/or residential components to serve the surrounding high-growth area. Key attributes include favorable access, efficient lot shape, ideal topography, and strong adjacencies supporting immediate development.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.64 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$420

Valuation

Our model vs. what's actually selling nearby.
Estimate
$285,000
$131K – $639K
Confidence Low
List vs. estimate
$415K above estimate
List $700,000 · +145.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,910
2025
HOA
$420/yr
Waterfront
Pond
Pets
Allowed
All facts and features
  • Lot

    • Lot: 1.64 Acres

    Other Property Information

    • Parcel Number: 191927001000000600

    • Zoning: GC

  • Type and style

    • Property Type: Land

  • Utility

    • Public

  • Other financial information

    • HOA: $420

    • HOA Frequency: Annually

    • Annual tax amount: $4,911

  • Source details

    • MLS ID: O6380272

    Other facts

    • Lot Features: Buildable / Level

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 223 x 329

    • Subdivision Name: EUSTIS 44 GABLES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY ONE GROUP INSPIRATION