Eustis Real Estate

Eustis Real Estate

Welcome to Eustis, a charming city nestled in the heart of Lake County, Florida. Known for its picturesque landscapes and vibrant community, Eustis offers a perfect blend of small-town charm and modern amenities. Surrounded by beautiful lakes and lush greenery, this subdivision is an ideal haven for nature lovers and outdoor enthusiasts alike.

Eustis boasts a rich history, with roots dating back to the late 1800s. The historic downtown area is a delightful mix of quaint shops, delightful eateries, and cultural attractions, making it a perfect spot for leisurely strolls and community gatherings. The city is renowned for its stunning waterfront parks, including the scenic Eustis Lake Walk, where you can enjoy breathtaking views and recreational activities such as fishing, boating, and picnicking.

Families will appreciate the strong sense of community and excellent school system that Eustis offers. With a variety of family-friendly events throughout the year, including festivals and farmers' markets, there’s always something happening in this vibrant community.

Eustis is also conveniently located near major highways, providing easy access to nearby cities like Orlando and Mount Dora, where you can explore even more dining, shopping, and entertainment options.

Whether you’re looking to settle down in a cozy home or invest in a flourishing area, Eustis is a hidden gem that promises a fulfilling lifestyle amidst nature's beauty. Come discover why so many are choosing to call Eustis home!

Newest Listings in Eustis

$939,800
13 Beds 8 Baths Eustis SubDv. 32726 Zip Code
ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown. This is a "turnkey" investment opportunity, 100% occupancy, annual tenants, and provides a blended 6.925% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-BathUnits. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.

422 & 426 E Citrus Avenue, Eustis

$599,900
Eustis SubDv. 32726 Zip Code
Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Full Occupancy! 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 every unit occupied, 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. 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.

527 E Lemon Avenue, Eustis

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