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2979 S GROVE STREET

House For Sale
$280,000

BTC: 4.40355430

ETH: 147.16394063

12 days
2 bds
1 ba
1,400 sqft

Overview

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just off the highly traveled intersection of US HIGHWAY 441 AND S BAY STREET in Eustis, this unique property offers incredible potential for investors, developers, and business owners. The existing home is a FIXER-UPPER and the property has already received APPROVED REZONING FOR COMMERCIAL AND MULTIFAMILY USE, giving the next owner a valuable head start. Whether you choose to renovate the existing home, create an income-producing rental, establish a business, or redevelop the property for commercial or multifamily use (subject to local requirements), the possibilities are extensive. Its location along one of Eustis’ busiest commercial corridors provides EXCELLENT ACCESSIBILITY AND EXPOSURE while remaining just off the main intersection. Conveniently located near DOWNTOWN EUSTIS, shopping, restaurants, medical facilities, schools, and major roadways, this property is positioned in an area experiencing continued growth and redevelopment. The owner has already completed the rezoning process, eliminating a significant hurdle for future development. Properties with this combination of location, zoning flexibility, and investment potential are hard to find. Whether you’re an investor looking for your next project or a developer seeking a prime location, this is an opportunity you won’t want to miss. VACANT. ALL SHOWINGS MUST BE SCHEDULED THROUGH SHOWINGTIME. DO NOT WALK THE PROPERTY OR APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PROPERTY IS MONITORED. CONTACT LISTING AGENT WITH ANY QUESTIONS.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1935
Lot:
0.68 Acres
Heating:
Electric
Price/sqft:
$200
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$612
2025
All facts and features
  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: Two

    • Exterior Features: Other / Private Mailbox

    Lot

    • Lot: 0.68 Acres

    Other Property Information

    • Parcel Number: 231926000200002300

    • Zoning: R-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $612

  • Source details

    • MLS ID: O6425935

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Other

    • Direction Faces: Northwest

    • Living Area: 1400

    • Water Source: Public

    • Lot Size Dimensions: 120 x 248

    • Subdivision Name: 0002

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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: EXP REALTY LLC