Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!
This property is $53.4K more than the Median Sold Price in Eustis, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6166065
Listing Office:
Office Name: SIM REI
Office Phone: (352) 508-5870
Listing Agent: Wesley Owen
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.
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: 4/27/2024, 4:19:30 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
DATE
EVENT
PRICE
Jun 19, 2020
Jun 19, 2020Home Sold
$1,400,000
Apr 06, 2016
Apr 06, 2016Home Sold
$525,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,502
$117,190
2019
$2,498
$115,371
2018
$2,279
$106,659
2017
$2,287
$106,659
History based on county public records data.
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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
3
/10
Eustis Heights Elementary School
310 W Taylor Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-5
Middle School
3
/10
Eustis Middle School
18725 Bates Ave
Distance between this listing and this school3.66 miles
Public District Grades 6-8
High School
4
/10
Eustis High School
1300 E Washington Ave
Distance between this listing and this school1.77 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school2.45 miles
Public District Grades 6-12
Assigned Schools
3
/10
Eustis Heights Elementary School
310 W Taylor Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-5
Nearby Schools
2
/10
Triangle Elementary School
1707 Eudora Rd
Distance between this listing and this school1.58 miles
Public District Grades PK-5
3
/10
Eustis Elementary School
714 E Citrus Ave
Distance between this listing and this school1.82 miles
Public District Grades PK-5
Assigned Schools
3
/10
Eustis Middle School
18725 Bates Ave
Distance between this listing and this school3.66 miles
Public District Grades 6-8
Nearby Schools
3
/10
Mt. Dora Middle School
1405 Lincoln Ave
Distance between this listing and this school4.04 miles
Public District Grades 6-8
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school4.94 miles
Public District Grades 6-8
Assigned Schools
4
/10
Eustis High School
1300 E Washington Ave
Distance between this listing and this school1.77 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school2.45 miles
Public District Grades 6-12
Nearby Schools
4
/10
Tavares High School
603 N New Hampshire Ave
Distance between this listing and this school2.55 miles
The neighbors living near this home have an average income of $27,892. Typical income of Eustis, FL residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 700 Mount Homer Rd
What is the listing price of this property?
The listing price of 700 Mount Homer Rd property is $395,000.
What type of property is this?
The property 700 Mount Homer Rd is land located in Eustis, Florida, 32726.
Is this property for sale now?
Active Listing: 700 Mount Homer Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 700 Mount Homer Rd are: Eustis Heights Elementary School: GreatSchools Rating 3/10Eustis Middle School: GreatSchools Rating 3/10Eustis High School: GreatSchools Rating 4/10Lake Virtual Franchise: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,502 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 19, 2020 for $1,400,000. (source: MLS/tax record).
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This home is located at 700 Mount Homer Rd in Eustis, FL and zip code 32726. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since December 23, 2023 and is currently priced at $395,000.
While more than 9 listings in Eustis, FL in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 22 were sold below. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $341,525.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
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