406 E Orange Avenue, EUSTIS, FL 32726
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty



406 E Orange Avenue,EUSTIS, FL 32726
$425,000
- 8 Beds
- 6 Baths
- 4,026 sq. ft.
- Multi-family
- Active
Listed by:devon bascombe
Office:mark spain real estate
MLS#:O6298840
Source:MFRMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$81.83
About this home
Welcome to 406 E Orange Ave, a charming, income-producing fixer-upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner-occupants ready to bring their vision to life—while gaining instant equity in a prime location.
Highlights include a like-new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation.
Execute the current owner’s plans to convert the main structure into two 3-bedroom, 2-bathroom units, and the secondary structure into a 2-bedroom, 2-bathroom apartment or in-law suite—creating three total income-generating units.
Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares.
Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventory—making this a rare opportunity to capitalize on the market. Enjoy small-town charm with easy access to major highways connecting you to Orlando and Central Florida’s top attractions.
Whether you're looking to house hack, build a profitable rental portfolio, or secure a long-term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!
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Home facts
- Year built:1919
- Listing Id #:O6298840
- Added:122 day(s) ago
- Updated:August 14, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:4,026 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless
Structure and exterior
- Roof:Shingle
- Year built:1919
- Building area:4,026 sq. ft.
- Lot area:0.4 Acres
Schools
- High school:Eustis High School
- Middle school:Eustis Middle
- Elementary school:Eustis Elem
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$81.83
- Tax amount:$5,778 (2024)
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