# 205 S GROVE STREET, Eustis, FL 32726

> **TL;DR:** commercial, $749,000 ($184/sqft), built 1924, 4,066 sqft. Est. $3,246/mo. Listed 159 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,000 |
| Price/sqft | $184 |
| Square Feet | 4,066 |
| Year Built | 1924 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 159 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,246 |
| **Total** | **$3,246** |

## Property Highlights

- Built in 1924
- 0.40 acre lot

## Description

### Agent Description
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

- **Address:** 205 S GROVE STREET, Eustis, FL 32726
- **County:** Lake
- **Neighborhood:** EUSTIS
- **Coordinates:** 28.850824, -81.683089
- **Google Maps:** https://www.google.com/maps?q=28.850824,-81.683089

## Listing Agent

- **Name:** Juan Vazquez
- **Brokerage:** LPT REALTY, LLC
- **Phone:** 3212747264
- **Email:** juanlvrei@gmail.com

## Primary Photo

![205 S GROVE STREET - Primary Photo](http://lh.rdcpix.com/3601ef6dbaeab5dc5d617409cffe583dl-f3996231558r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/205-s-grove-street-eustis-fl-32726-o6367864)*

---

**MLS#:** O6367864 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/205-s-grove-street-eustis-fl-32726-o6367864)

---

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