LKV Realty
Logo
$280,000
$1,400Reward *
2979 S GROVE Street, Eustis, FL 32726Listing ID O6425935

2979 S GROVE Street, Eustis, FL 32726

Active
0002
Time on site: 37 daysLast updated: 3 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,936
Acres
Acres
0.68
Days on Site
Days on Site
37
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1935
Stories
Stories
2

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.

Property Information

Property Details

Location

Address
2979 S GROVE Street
County
Lake
City
Eustis
Zip Code
32726
Subdivision
0002
MLS Area
32726 - Eustis

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,936
Year Built
1935
Stories
2
Construction
Wood Frame
Foundation
Pillar/Post/Pier
Roof
Metal
Condition
Fixer

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$612
Tax Year
2025
EXP REALTY LLC, (888) 883-8509

Market Report for 32726

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

261239698