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205 S Grove St
For Sale $750,000 ($184.46 per Sq Ft)
$750,000 ($184.46 per Sq Ft)
- Units
- 4,066 Sq Ft
- 17,424 Sq Ft
- Unknown Cap Rate
Description
Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow.
The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required.
Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $750,000 |
| Property Type | Other |
| Usable Sqft | 4,066 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1924 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 111926010007700700 |
| MLS # | O6367864 |
| Property ID | 319047708 |
| Lot Sqft | 17,424 |
| Zoning | RT |
| Days on Market | 20 |
| Original List Price | $750,000 |
| Date Updated | December 28, 2025 |
| Date Created | December 24, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Juan Vazquez an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 28, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT