6 months on rocket

104 S Grove St, Eustis, FL, 32726

$699,500

Home List Price

$8,307*

Closing Credit

0 Baths
3,742 SqFt
$187/SqFt
Multi
Schools Nearby

Location

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104 S Grove St, Eustis$699,500

Buyer Closing Credits

$8,307*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNone
CoolingWall/Window Unit(s)
MLS #O6146517
Lot Size0.42 Acres
StatusActive

About 104 S Grove St

MOTIVATED SELLER!! Potential gross income of $7500 per month!! Cash Cow!! Outstanding Investment Opportunity in Prime Location! This beautifully renovated 5 unit multifamily property is fully occupied and ready for a new owner. Located on a quiet street in the heart of Eustis, it offers an ideal setting close to major employers, top schools, shopping, dining and transportation. The property boasts a spacious units that have been fully updated with modern finishes, appliances, fixtures and flooring. Units feature air conditioning, dishwashers and generous space. Financial highlights: 5 units Offered at an 8% cap rate This turnkey asset presents an excellent value-add or buy and hold opportunity in a market with strong demand and favorable demographics. Whether you're looking to add to your portfolio, break into multifamily investing, or 1031 exchange, this property merits your attention. Act quickly, it won't last! Please contact me for additional details or to schedule a showing. This is a rare chance to acquire a fully-leased property producing excellent cash flow in a superb location. Perfect for investors seeking stable returns. This turnkey asset presents the ideal entry point for investors seeking cash flowing multifamily in a market poised for growth. Just a short drive to major employers, attractions, healthcare facilities and transportation corridors.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 3,742 SqFt

Listing Office:

  • Office Name: COUNTRYWIDE REALTY PARTNERS LLC
  • Office Phone: (407) 401-8790
  • Listing Agent: Juan Vazquez

Interior Features

Interior Information:

  • Interior: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 104 S Grove St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Eustis High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Eustis Middle School, Public District Grades 6-8
  • Eustis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Access FL-417 N/FL-417 Toll N since University Blvd. Tour to the Right addressed to S Semoran Blvd. Tour to the left for joining FL-417 N/FL-417 Toll N in the direction of Sanford. Continue on FL-417 N/FL-417 Toll N. Taking FL-429 S/FL-429 Toll S towards County Rd 46A in Lake County. Salt of FL-429 S/FL-429 Toll S. Take the exit 55c towards International Pkwy. Turns sharply to the Right addressed to International Pkwy. Turn slightly to the left addressed to FL-429 S/FL-429 Toll S (indications for Apopka/Mount Dora). Continue on County Rd 46A, FL-44 W and E Orange Ave towards S Grove St in Eustis. Continue straight on County Rd 46A. Tour to the left addressed to FL-44 W. Continue on E Orange Ave. Tour to the left addressed to S Center St. Tour to the Right at the 2nd intersection towards E Lemon Ave. Tour to the Right at the 1nd intersection towards S Grove St. The destination is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,500
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $4,572
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Eustis, FL.

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Eustis, FL

City

Med. Sold Price

$341.5K

Med. Price/SqFt

$201

Avg. Days On Market

56

# of Sold Homes

39

104 S Grove St vs Eustis

196 DAYS ON ROCKET

+140 Days

$699,500

+$357.9K More

$187/SqFt

-$14 Less

KEY TAKEAWAY

This property is $357.9K more than the Median Sold Price and $14/SqFt less than other homes in Eustis, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6146517

Listing Office:

  • Office Name: COUNTRYWIDE REALTY PARTNERS LLC
  • Office Phone: (407) 401-8790
  • Listing Agent: Juan Vazquez

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/19/2024, 1:19:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 08, 2009Home Sold
$75,000
Dec 02, 2002Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,572$214,204
2019$4,639$214,204
2018$4,192$196,145
2017$3,928$183,167

History based on county public records data.

Payment Calculator

$3,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,164

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-535914
3
/10

  • Eustis Elementary School

  • 714 E Citrus Ave

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-535915
3
/10

  • Eustis Middle School

  • 18725 Bates Ave

  • 2.42 miles

  • Public District Grades 6-8

High School

school-card-donut-535916
4
/10

  • Eustis High School

  • 1300 E Washington Ave

  • 0.79 miles

  • Public District Grades 9-12

school-card-donut-535917
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 3.90 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,250. Residents of Eustis, FL typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Eustis, FL

What type of housing is available in Eustis, FL?

In Eustis, roughly two thirds of dwellings are single detached homes, but large apartment buildings and mobile homes are also present in the housing stock. About 30% of homes in this part of the Orlando-Kissimmee-Sanford metropolitan area were built between 1960 and 1980, while most of the remaining buildings were constructed pre-1960 and in the 1980s. This city also has a good choice of unit sizes; it is quite easy to find houses ranging from lofts to four or more bedrooms. Around two thirds of the population of this city own their home and the rest are renters.

Is Eustis, FL a good place to live?

Eustis is reasonably quiet overall, as the streets tend to be peaceful - although there are still several noisier sections, especially near the railway line.

Are things conveniently located in Eustis, FL?

High schools and primary schools are not especially abundant in this part of the Orlando-Kissimmee-Sanford metropolitan area, and therefore may require a rather long walk to get to. Residents can choose between public and private schools at both the elementary and high school level. As far as food is concerned, the nearest supermarket in this city is generally only a rather short walk away. There are also over 50 restaurants and cafes in Eustis.

What does the transportation in Eustis, FL look like?

Eustis is very car friendly. Parking is generally easy. Most homes for sale in this city are located in places that are not very well-suited for those who travel by foot since very few common errands can be run without the use of a vehicle.

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Rocket Homes›Florida›Lake County›Eustis›32726›104 S Grove St

This home is located at 104 S Grove St in Eustis, FL and zip code 32726. This 3,742 square foot home, which was built in 1924, sits on a 0.42 acre lot. It has been listed on Rocket Homes since October 06, 2023 and is currently priced at $699,500.

In March 2024 more than 9 listings in Eustis, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 22 were sold below. In March 2024 median list price was $341,525 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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