My Search Tools:

$749,000 - 205 South Grove Street, EUSTIS

-
Bedrooms
-
Baths
4,066
SQ. Feet
0.4
Acres

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.

Essential Information

  • MLS® #:
    O6367864
  • Price:
    $749,000
  • Bathrooms:
    0.00
  • Square Footage:
    4,066
  • Acres:
    0.40
  • Year Built:
    1924
  • Type:
    Commercial Sale
  • Sub-Type:
    Multi Family
  • Status:
    Active

Community Information

  • Address:
    205 South Grove Street
  • Area:
    Eustis
  • Subdivision:
    EUSTIS
  • City:
    EUSTIS
  • County:
    Lake
  • State:
    FL
  • Zip Code:
    32726

Interior

  • Cooling:
    Mini-Split Unit(s), Wall/Window Unit(s)
  • # of Stories:
    2

Exterior

  • Foundation:
    Crawlspace

Additional Information

  • Days on Market:
    57
  • Zoning:
    RT

Listing Details

  • Listing Office:
    Lpt Realty, Llc

Listing information courtesy of Lpt Realty, Llc.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on February 21st, 2026 at 9:03am EST.