2979 S Grove Street, Eustis, FL 32726
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
2979 S Grove Street,Eustis, FL 32726
$280,000
- 2 Beds
- 1 Baths
- 1,400 sq. ft.
- Single family
- Active
Listed by: gencher lafleur
Office: exp realty llc.
MLS#:O6425935
Source:MFRMLS
Price summary
- Price:$280,000
- Price per sq. ft.:$144.63
About this home
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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Home facts
- Year built:1935
- Subdivision & Development:0002
- Listing ID #:O6425935
- Added:19 day(s) ago
- Updated:August 07, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Basement Description:Pillar/Post/Pier
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1935
- Building area:1,400 sq. ft.
- Lot area:0.68 Acres
- Construction Materials:Frame
- Exterior Features:Private Mailbox
- Foundation Description:Pillar/post/pier
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$144.63
- Tax amount:$612 (2025)
Features and amenities
- Amenities:Cable Connected
- Pool features:Public Pool
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