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19 W EAGLE AVENUE

Commercial For Sale
$1,095,000

BTC: 36.50000000

ETH: 547.50000000

-$71K (2025/11/25)
87 days
0 room(s)
4,134 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property located on a large corner lot in Eagle Lake. The property consists of 7 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of two additional single-family homes, totaling 10 units across 3 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $100,000 NOI at a 6.6 cap rate for 8 units. Other properties included in the optional portfolio: 650 N 8th St and 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.

Location

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1932
Lot:
0.31 Acres
Heating:
No Data
Price/sqft:
$265
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

  • Parking

    • 6 to 12 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 262907679000044030

    • Zoning: LAND

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • BB/HS Internet Capable

  • Other financial information

    • Annual tax amount: $6,513

  • Source details

    • MLS ID: TB8424613

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Lot Features: Corner Lot

    • Window Features: Blinds

    • Direction Faces: Southwest

    • Living Area: 4134

    • Water Source: Public

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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 ©2025-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: COMPASS FLORIDA LLC