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About This Home
This 0-bedroom, 0-bathroom commercial at 205 S GROVE STREET in Eustis, FL is listed for $749,000 ($184 per sqft). Built in 1924, the home offers 4,066 sqft of living space on a 0.40 acres lot.
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.
Key Features
- Built in 1924
- 0.40 acre lot
Property Details
Monthly Cost Estimate
$4,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
205 S GROVE STREET
Eustis, FL 32726
EUSTIS
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 205 S GROVE STREET is listed at $749,000 ($184/sqft). The estimated monthly payment is $3,246 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 0.40 acre lot.
This property is listed by Juan Vazquez and can be reached at 3212747264 or juanlvrei@gmail.com.
