2979 S GROVE STREET EUSTIS, FL - Image 12979 S GROVE STREET EUSTIS, FL - Image 2

$270,000

2 Beds 1 Baths 1,400 SQFT 0.68 Acres
Type: Single Family

2979 S GROVE STREET
EUSTIS, FL 32726

MLS#: O6425935
Ryan Custodio
Ryan Custodio
The Real Estate Advantage
Real Estate Professional
Phone: 612.590.2576
Office: 952.898.5800
Presented by: EXP REALTY LLC with 888-883-8509. - 888-883-8509

Property Description

 

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just off the highly traveled intersection of US HIGHWAY 441 AND S BAY STREET in Eustis, this unique property offers incredible potential for investors, developers, and business owners. The existing home is a FIXER-UPPER and the property has already received APPROVED REZONING FOR COMMERCIAL AND MULTIFAMILY USE, giving the next owner a valuable head start. Whether you choose to renovate the existing home, create an income-producing rental, establish a business, or redevelop the property for commercial or multifamily use (subject to local requirements), the possibilities are extensive. Its location along one of Eustis’ busiest commercial corridors provides EXCELLENT ACCESSIBILITY AND EXPOSURE while remaining just off the main intersection. Conveniently located near DOWNTOWN EUSTIS, shopping, restaurants, medical facilities, schools, and major roadways, this property is positioned in an area experiencing continued growth and redevelopment. The owner has already completed the rezoning process, eliminating a significant hurdle for future development. Properties with this combination of location, zoning flexibility, and investment potential are hard to find. Whether you’re an investor looking for your next project or a developer seeking a prime location, this is an opportunity you won’t want to miss. VACANT. ALL SHOWINGS MUST BE SCHEDULED THROUGH SHOWINGTIME. DO NOT WALK THE PROPERTY OR APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PROPERTY IS MONITORED. CONTACT LISTING AGENT WITH ANY QUESTIONS.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringOther
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesNinguno
Laundry FeaturesOther
Total Stories2

General

Additional Parcels Y/NNo
AppliancesNone
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityEUSTIS
Construction MaterialsWood Frame
CoolingCentral Air
CountyLake
DirectionsFrom the intersection of US 441 and 19, go North on 19. Take a right onto Ashford Ave. Make a right onto S. Grove St. Property on the left.
Facing DirectionNorthwest
Flood Zone CodeX
Flood Zone Code XY
Full Baths1
Garage Spaces0
Garage Y/NNo
HeatingElectric
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionBEG 640.2 FT E OF NW COR OF SE 1/4 OF NW 1/4, RUN S 49DEG E 411.84 FT, S 40DEG W 170.74 FT FOR POB, RUN S 49DEG E 248 FT, S 40DEG 07MIN W 116.36 FT, N 50DEG 32MIN W 219.56 FT, NE'LY TO POB ORB 1852 PG 0722
LevelsTwo
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet29760
Lot Size UnitsSquare Feet
MLS Area32726 - Eustis
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Name0002
Tax Annual Amount$612
Tax Lot02300
Tax Year2025
Total Rooms3
UtilitiesCable Connected, Electricity Connected, Sewer Connected
Water Access Y/NNo
Water View Y/NNo
Year Built1935
ZoningR-1

Exterior

Building Area Total1,936 sqft
Covered Spaces0
Exterior AmenitiesOther, Private Mailbox
Foundation DetailsPillar/Post/Pier
Lot Dimensions120 x 248
Lot Size Acres0.68
Lot Size Area29,760 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$270,000

2 Beds 1 Baths 1,400 SQFT 0.68 Acres
Type: Single Family

2979 S GROVE STREET
EUSTIS, FL 32726

MLS#: O6425935
Ryan Custodio
Ryan Custodio
The Real Estate Advantage
Real Estate Professional
Phone: 612.590.2576
Office: 952.898.5800