233 E Key AVENUE Eustis, FL $ 1,300,000
233 E Key AVENUE
$ 1,300,000
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233 E Key AVENUE

Eustis, FL, 32726
$ 1,300,000
Baths0.0 Sq 7,502

Monthly Estimate*

$ 8,640

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View a Virtual Tour
Studio

Multi-Family Home for sale in Eustis, FL

for $1,300,000. This 7,502 square foot home was built in 1914 on a lot size of 0.49.

Welcome to your next income-producing gem nestled in the heart of Central Florida! This charming 10-unit, two-story apartment building is an investor's dream come true. Featuring a diverse mix of units including two spacious 2-bedrooms, six cozy 1-bedrooms, and two convenient studios, this property caters to a wide range of tenant needs, ensuring steady occupancy and reliable cash flow. Recent upgrades including a brand new roof and updated gas lines ensure peace of mind for the savvy investor, while each unit boasts its own central HVAC system for maximum comfort year-round. Conveniently located in Eustis, part of the vibrant golden triangle, this property offers easy access to Mount Dora, Tavares, and Downtown Orlando via the new expressway, making it a desirable destination for renters seeking convenience and connectivity. Key Features: Centrally located with easy access to amenities Walking distance to Downtown Eustis Minutes from multiple Publix grocery stores Close to shopping and dining options On-site coin-operated laundry for additional revenue Don't miss out on this lucrative opportunity to own a piece of rapidly growing Eustis, with its 27,000+ residents and booming rental market. Whether you're a seasoned investor or just starting out, this property offers both character and charm alongside solid returns. Schedule your viewing today and unlock the potential of this income-producing asset in the heart of Central Florida! For more information or to schedule a viewing, contact us or your local agent for more information. Please do not disturb our great residents.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,334

Style

Multi Family

Lot Size

0.49

Year Built

1914

Town/City

Eustis

County/Region

Lake

MLS | Web ID

G5080862

Features
General
Interior Features Other
Sewer Private Sewer
Heating Central Electric
Cooling Central Air
Utilities Electricity Available
Roof Shingle
Exterior Features Outbuilding
Zoning RT
Patio/Porch Features Front Porch
Construction Materials Brick Stucco
Year Built 1914
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Lake
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name EUSTIS
Garage Y/N No
Status Active
Directions Head west on US-441 N Slight right to merge onto FL-19 N/S Bay St toward Eustis/Umatilla Continue to follow FL-19 N 1.6 mi Continue straight onto Paul Brown Pkwy 0.1 mi Continue onto S Grove St
City EUSTIS
Buyer Agent Compensation 3%
Senior Community Y/N No
Total Units 1
MLS Area 32726 - Eustis
Lot Size Square Feet 21302
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Key
Listing Terms Assumable Cash Conventional
Tax Annual Amount 10334
Property Condition Completed
Public Remarks Welcome to your next income-producing gem nestled in the heart of Central Florida! This charming 10-unit two-story apartment building is an investor's dream come true. Featuring a diverse mix of u
Ok to Lease 12 Months
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5080862
Days on Market 0
Standard Status Active
Tax Lot 3
Legal Description EUSTIS BEG AT A POINT 227.50 FT E OF SW COR OF BLK 86 RUN E 75 FT N 160 FT W 75 FT S 160 FT TO POB FROM SE COR OF BLK 86 RUN N 80 FT W PARALLEL TO THE S LINE OF SAID BLK 86 A DIST OF 200 FT FOR POB R
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N No
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Interior
Basement Partial
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Other
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Off Street
Lot Features City Lot
Water Source Public
Lot Size Area 21302
Foundation Details Basement Crawlspace
Number of Buildings 2
Lot Size Acres 0.49
Road Surface Type Brick
Lot Size Units Square Feet
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* Excluded Features
List By
Hickory Hill Realty & Mgt Inc.

Broker

Ryan@HickoryHillManagement.com

Email

Affordability Calculator

$9,501
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$861
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$1,300,000 Listed Price

Map


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233 E Key AVENUE, Eustis, FL, 32726 is a Multi-Family Home for sale at $1,300,000 with 7,502 sqft and a lot size of 0.49. 233 E Key AVENUE is a studio with 0.0 baths and was built in 1914. The property's zip code is 32726 which is in Eustis, FL