1505 Russell Ave, Eustis, FL 32726 | For Sale

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For Sale $449,800

$449,800
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 138,698 Sq Ft

Description

****Potential to build up to 38 units***3.18 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development. Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools Development Standards: Maximum Density: 12 units per acre Maximum Height: • 35’ – Single-Family • 45’ – Multi-Family Incentives & Density Bonuses: Developers can unlock 5–15% additional density by incorporating: Affordable Housing • At least 20% of units affordable to households earning <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income Green Building & Energy Efficiency • Additional bonuses available for sustainable design and certification Manufactured Housing Provisions: Residential units manufactured off-site are permitted if they: Meet all federal & state construction standards Are permanently attached to foundations Comply with all lot, yard, and land development regulations

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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

Income

Rental Units


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Expenses

Property Details

List Price $449,800
Property Type Lots/Land
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 121926310000F00001
MLS # O6343741
Property ID 322170066
Lot Sqft 138,698
Zoning UR
Days on Market 138
Original List Price $499,800
Date Updated October 23, 2025
Date Created September 12, 2025
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Listing Provided By

Matt White an agent of . Lic #3106449


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of October 23, 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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