205 S Grove St | Image 1
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$749,000

For Sale

4 months ago

205 S Grove St, Eustis, FL

House

MLS® O6367864

0 Bed

0 Bath

4066 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 4066 sqft
Garage 
Taxes $4,476
Days Active 129
Lot Size 
Approx. Age 1924
Avg. Price Per Sqft $184
MLS® Number O6367864

Property Address: 205 S Grove St, EUSTIS, FL, 32726-4182

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberO6367864
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 26, 2025List Date
$749,000List Price
Mar 15, 2024End Date
$1,100Sold Price

Leased

Apr 1, 2026List Date
$1,100List Price
  • Commute

Commute

Starting Address
Destination Address
205 S Grove St, Eustis, FL

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