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205 Grove Street, FL
Stellar MLS

$749K

205 Grove Street

Eustis, FL 32726

Listing updated: May 28, 2026 at 10:30 AM ET

Active
Stellar MLSListing courtesy of Lpt Realty, Llc · Juan Vazquez · MLS #O6367864 · Active · 877-366-2213
5,306
Building SF
0.4
Acres
1924
Built
$141.16
Per SF
Multi-Family 5+$141.16/SF360° tour
Multi-Family 5+

Property type

1924

Year built

5,306 SF

Building size

17,424 sqft

Lot size

$141.16

Price / SF

RT

Zoning

153

Days on market

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
153
Subdivision
Eustis
County
Lake
Year built
1924
Building area
5,306 sq ft
Price/sq ft
$141.16
Lot size
17,424 sq ft
Buildings
2
Stories
2
Road frontage
City Street
Annual taxes
$4K (2025)
Parcel #
11-19-26-0100-077-00700
Zoning
RT
MLS #
O6367864

Listing details

Listing date
2025-12-24
On market date
2025-12-26
Original list price
$750K
MLS area
32726 - Eustis
Status changed
2025-12-26
Tax legal description
EUSTIS LOT 7 BLK 77--LESS S 78.5 FT--PB 1 PG 79 ORB 6098 PG 2034

Location

Directions

From US-441 in Eustis, head east on W Orange Ave. Turn right onto S Grove St. Continue south; the property is located at 205 S Grove St, Eustis, FL, on the right.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 28, 2026 at 10:30 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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