logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

527 E LEMON AVENUE

Commercial For Sale
$629,000

BTC: 9.79909365

ETH: 356.79036156

1 days
0 room(s)
5,415 sqft

Overview

Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with four units currently occupied and two vacant units currently available for lease, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. The current owner has invested considerable effort into improving the property's marketability and ownership position, including successfully completing a quiet title action resulting in clear title, resolving prior open permit issues, and addressing foundation-related concerns. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.

Location

Florida • EUSTIS • 32726 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1919
Lot:
0.57 Acres
Heating:
Natural Gas
Price/sqft:
$116
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$7,283
2025
All facts and features

  • Heating

    • Natural Gas

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Levels: Two

    Lot

    • Lot: 0.57 Acres

    Other Property Information

    • Parcel Number: 111926010007600007

    • Zoning: SR

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • Electricity Available

    • Natural Gas Available

  • Other financial information

    • Annual tax amount: $7,283

  • Source details

    • MLS ID: G5113226

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Lot Features: Corner Lot / Sidewalk

    • Living Area: 5415

    • Water Source: Public

    • Lot Size Dimensions: 138 x 180

    • Subdivision Name: EUSTIS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$675,000
House
3 bds · 2 ba · 1,806 sqft
EUSTIS LAKEVIEW PARK, EUSTIS
507 LAKESHORE DRIVE
For Sale
$495,000
House
5 bds · 3 ba · 2,782 sqft
BLUE LAKE ESTATES, EUSTIS
303 W BLUE WATER EDGE DRIVE
For Sale
$515,000
House
4 bds · 3 ba · 2,234 sqft
CROOKED LAKE RIDGE, EUSTIS
2622 MAYWOOD STREET
For Sale
$445,000
House
4 bds · 1 ba · 2,998 sqft
BREEZEE SHORES PT REP, EUSTIS
710 TWIN OAKS LANE
-$5K
For Sale
$495,000
House
3 bds · 2 ba · 2,179 sqft
BELMONT HEIGHTS, EUSTIS
3007 DUPONT STREET
-$4K
For Sale
$455,000
House
4 bds · 2 ba · 2,312 sqft
WESTGATE PH II, EUSTIS
3110 BULKLEY PLACE
For Sale
$454,339
House
4 bds · 2 ba · 1,901 sqft
TAVARES LAKE SAUNDERS POINTE LT 34, TAVARES
1803 LAKE VILLA DRIVE
For Sale
$750,000
Lots/Land
2.00 acres
CENTURY OAKS ESTATES, EUSTIS
CR-19A

Market around this address

Live counts in the same area.
View all
This zip
32726
176
median $319K
Active
Same city
EUSTIS
296
median $372K
Active
Same type
Commercial
14
median $849K
Active
Similar price
$440K – $817K
70
median $525K
Active

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: ORISON PROPERTIES INC.