
2979 S GROVE ST
Eustis, Lake, FL, 32726
Active$280,000
$200/sqft
About this home
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.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. EXP REALTY LLC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
33 days on market
Listed by: Gencher Lafleur · 407-440-0600—EXP REALTY LLC · 888-883-8509
Updated from Real Estate Market Data
MLS/IDX data last updated: . All data is obtained from various sources and may not have been verified by the 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
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