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2979 S Grove Street

Eustis, FL 32726
  • $280,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: O6425935
UPDATED: 38 min ago
$280,000
  • 2
    BEDS
  • 0.68
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1935
County:
Area:

School Ratings & Info

Description

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2026-09-06T22:41:50.16.
www.gulfcoastregroup.com/homes/178925142
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2979 S Grove Street Eustis, FL 32726

  • Price: $280,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 38 min ago
  • MLS #: O6425935
2
Beds
1
Baths
0
½ Baths
0.68
Acres
1,400
SQFT
$200
$/SQFT
1935
Built
Neighborhood:
0002
County:
Lake
Area:
Eustis
Property Description
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.
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials Wood Frame Covered Spaces 0 Direction Faces Northwest Exterior Features OtherPrivate Mailbox Foundation Details Pillar/Post/Pier Lot Size Dimensions 120 x 248 Pool Private Yn No Road Surface Type Asphalt Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Appliances None Building Area Total 1936 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Other Furnished Unfurnished Heating Electric Heating YN Yes Interior Features Ninguno Laundry Features Other Levels Two Rooms Kitchen Primary Bedroom (No Closet) Living Room Sewer Public Sewer Stories Total 2 Water Source Public

Property Features

Additional Parcels YN No Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Occupant Type Vacant Ownership Fee Simple Property Condition Fixer Property Sub Type Single Family Residence Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 612.46 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer Connected Yrs Of Owner Prior To Leasing Re No Zoning R-1


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of EXP REALTY LLC: 888-883-8509.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2026-09-06T22:41:50.16.
 
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