13 days on rocket

233 E Key Ave, Eustis, FL, 32726

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,502 SqFt
$173/SqFt
Multi
Schools Nearby

Location

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233 E Key Ave, Eustis$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1914
HeatingCentral, Electric
CoolingCentral Air
MLS #G5080862
Lot Size0.49 Acres
StatusActive

About 233 E Key Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 7,502 SqFt

Listing Office:

  • Office Name: HICKORY HILL REALTY & MGT INC.
  • Office Phone: (352) 357-4949
  • Listing Agent: Ryan Benaglio

Interior Features

Interior Information:

  • Interior: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Outbuilding(s)

Parking Information:

  • Parking: Off Street

Virtual/3D Tour

  • Virtual Tour: 233 E Key Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: 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 0.1 mi Turn right onto E Key Ave Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $8,385
  • 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

233 E Key Ave vs Eustis

13 DAYS ON ROCKET

-43 Days

$1,300,000

+$958.4K More

$173/SqFt

-$28 Less

KEY TAKEAWAY

This property is $958.4K more than the Median Sold Price and $28/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: #G5080862

Listing Office:

  • Office Name: HICKORY HILL REALTY & MGT INC.
  • Office Phone: (352) 357-4949
  • Listing Agent: Ryan Benaglio

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: 4/30/2024, 11:49:15 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

Apr 11, 2012Home Sold
$232,000
Jun 29, 2004Home Sold
$225,000
Jan 04, 2002Home Sold
$172,500

Tax History

YEARPROP. TAXASSESSMENT
2020$8,385$422,931
2019$7,638$344,598
2018$6,696$313,271
2017$6,408$298,786

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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-4086575
3
/10

  • Eustis Elementary School

  • 714 E Citrus Ave

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4086576
3
/10

  • Eustis Middle School

  • 18725 Bates Ave

  • 2.40 miles

  • Public District Grades 6-8

High School

school-card-donut-4086577
4
/10

  • Eustis High School

  • 1300 E Washington Ave

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-4086578
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 3.82 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. The majority of Eustis, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lake County›Eustis›32726›233 E Key Ave

This home is located at 233 E Key Ave in Eustis, FL and zip code 32726. This 7,502 square foot home, which was built in 1914, sits on a 0.49 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,300,000.

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. The median list price of listings available in March 2024 was $341,525, while the average time on the real estate market was 56 days.

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

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