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205 S GROVE STREET

Commercial For Sale
$750,000

BTC: 8.68558193

ETH: 256.32262474

New
0 room(s)
4,066 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow. The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.

Location

Florida • EUSTIS • 32726 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1924
Lot:
0.40 Acres
Heating:
No Data
Price/sqft:
$184
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.40 Acres

    Other Property Information

    • Parcel Number: 111926010007700700

    • Zoning: RT

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $4,476

  • Source details

    • MLS ID: O6367864

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Crawlspace

    • Living Area: 4066

    • Lot Size Dimensions: 79 x 242

    • Subdivision Name: EUSTIS

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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: LPT REALTY, LLC