Eustis Real Estate

Eustis Real Estate

Welcome to Eustis, Florida – a hidden gem nestled in the heart of Lake County! This charming city is known for its picturesque landscapes, friendly community, and an abundance of recreational opportunities. Eustis offers a unique blend of small-town charm and modern conveniences, making it a perfect place for families, retirees, and everyone in between.

Eustis is renowned for its stunning lakes, including Lake Eustis, which provides residents with endless opportunities for boating, fishing, and enjoying beautiful sunsets. The city's waterfront parks, such as the popular Ferran Park, are perfect for picnics, leisurely strolls, or simply soaking up the Florida sunshine. With its vibrant downtown area, you'll find a delightful mix of local shops, restaurants, and cultural attractions that highlight the area's rich history.

In addition to its natural beauty, Eustis boasts a strong sense of community. The city hosts numerous events throughout the year, including the popular Eustis Art Festival and the annual Fourth of July celebration, fostering connections among residents and visitors alike. Families will appreciate the quality of education offered by the local schools, as well as the various recreational programs available for children and adults.

Eustis is conveniently located just a short drive from larger cities like Orlando, providing easy access to world-class entertainment, shopping, and dining. Whether you're looking for a peaceful retreat or an active lifestyle, Eustis, Florida, offers the perfect balance of both. Come discover your dream home in this enchanting city and experience the warmth of Eustis living!

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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