# 503 PALMETTO Street, Eustis, FL 32726 > **TL;DR:** commercial, $350,000 ($434/sqft), built 1970, 807 sqft. Est. $1,872/mo. Listed 158 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $350,000 | | Price/sqft | $434 | | Square Feet | 807 | | Year Built | 1970 | | Lot Size | 6,534 sqft (0.15 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active Under Contract | | Days on Market | 158 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,770 | | Estimated Insurance | $102 | | **Total** | **$1,872** | ## Property Highlights - Built in 1970 - 0.15 acre lot ## Description ### Agent Description Under contract-accepting backup offers. INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000 Call me today for your private tour! . ## Location - **Address:** 503 PALMETTO Street, Eustis, FL 32726 - **County:** Lake - **Neighborhood:** EUSTIS HOGANS SUB - **Coordinates:** 28.857683, -81.671226 - **Google Maps:** https://www.google.com/maps?q=28.857683,-81.671226 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/G5112936 ## Listing Agent - **Name:** Rachel Rivera - **Brokerage:** RE/MAX Premier Realty - **Broker Phone:** (352) 753-2029 ## Photos ![503 PALMETTO Street - Photo 1](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1509268467r.jpg) ![503 PALMETTO Street - Photo 2](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1395224828r.jpg) ![503 PALMETTO Street - Photo 3](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1551573303r.jpg) ![503 PALMETTO Street - Photo 4](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1883360752r.jpg) ![503 PALMETTO Street - Photo 5](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3691360667r.jpg) ![503 PALMETTO Street - Photo 6](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f949153415r.jpg) ![503 PALMETTO Street - Photo 7](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f573273815r.jpg) ![503 PALMETTO Street - Photo 8](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1386846773r.jpg) ![503 PALMETTO Street - Photo 9](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3436550983r.jpg) ![503 PALMETTO Street - Photo 10](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f812948809r.jpg) ![503 PALMETTO Street - Photo 11](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1644289222r.jpg) ![503 PALMETTO Street - Photo 12](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3094076629r.jpg) ![503 PALMETTO Street - Photo 13](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1819310232r.jpg) ![503 PALMETTO Street - Photo 14](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f2419768160r.jpg) ![503 PALMETTO Street - Photo 15](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f2853284457r.jpg) ![503 PALMETTO Street - Photo 16](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f247499374r.jpg) ![503 PALMETTO Street - Photo 17](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f2180870831r.jpg) ![503 PALMETTO Street - Photo 18](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1396923978r.jpg) ![503 PALMETTO Street - Photo 19](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f2168760661r.jpg) ![503 PALMETTO Street - Photo 20](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f733164808r.jpg) ![503 PALMETTO Street - Photo 21](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f623254411r.jpg) ![503 PALMETTO Street - Photo 22](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f4090115310r.jpg) ![503 PALMETTO Street - Photo 23](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1828379198r.jpg) ![503 PALMETTO Street - Photo 24](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3335963272r.jpg) ![503 PALMETTO Street - Photo 25](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f171151424r.jpg) ![503 PALMETTO Street - Photo 26](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f150916503r.jpg) ![503 PALMETTO Street - Photo 27](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f4054316916r.jpg) ![503 PALMETTO Street - Photo 28](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f36530242r.jpg) ![503 PALMETTO Street - Photo 29](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3208006800r.jpg) ![503 PALMETTO Street - Photo 30](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f1285602572r.jpg) ![503 PALMETTO Street - Photo 31](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f3204203797r.jpg) ![503 PALMETTO Street - Photo 32](http://lh.rdcpix.com/6ebe19e12e88d306caf8170322ea30d0l-f683247391r.jpg) --- **MLS#:** G5112936 | **Updated:** 2026-10-28 **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.ai/listing/503-palmetto-street-eustis-fl-32726-37a86b4d3293422f8173e827d4cd79d6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/503-palmetto-street-eustis-fl-32726-37a86b4d3293422f8173e827d4cd79d6#listing", "url": "https://www.propertysimple.ai/listing/503-palmetto-street-eustis-fl-32726-37a86b4d3293422f8173e827d4cd79d6", "name": "503 PALMETTO Street, Eustis, FL 32726", "description": "Under contract-accepting backup offers. INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. 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