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2979 S Grove Street

EUSTIS, FL 32726
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Bed 2

Bed

Bath 1

Bath

SqFt1,400

Sqft

Acres0.68

Acre(Lot)

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 inters ection. 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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Detail Ic Property Details

Property Type : Residential

Price : $280,000

AD Id : 88105426

MLS Id : MFRO6425935

Beds : 2

Lot Size : 0.68 Acre

Living Area Size : 1,400

Year Built : 1935

County : Lake

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Ninguno Roof: Metal Appliances: None Laundry Features: Other

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Other Construction Materials: Frame
  • Heating & Cooling

    Heating: Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1935
  • Exterior Features

    Other, Private Mailbox Construction Materials: Frame Foundation Details: Pillar/Post/Pier

  • Lot Information

    Lot Dimensions: 120x248 Lot Square Feet: 29760 Lot Acres: 0.68 Lot Size (SqMt): 2765

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$280000

  • Tax Information

    Tax Block: 000 Tax Book Number: 1852 Tax Lot: 02300 Tax Legal Description: BEG 640.2 FT E OF NW COR OF SE 1/4 OF NW 1/4, RUN S 49DEG E 411.84 FT, S 40DEG W 170.74 FT FOR POB, RUN S 49DEG E 248 FT, S 40DEG 07MIN W 116.36 FT, N 50DEG 32MIN W 219.56 FT, NE'LY TO POB ORB 1852 PG 0722 Annual Tax: $612.46 Tax Year: 2025 Parcel Number: 23-19-26-0002-000-02300

  • Utility Information

    Cable Connected, Electricity Connected, Sewer Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: 0002 City: EUSTIS Direction: From the intersection of US 441 and 19, go North on 19. Take a right onto Ashford Ave. Make a right onto S. Grove St. Property on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2408 Sandridge Circle, ,, FL, 32726 $335,000 3 3 2,200 2,200 SqFt
2024 Dixie Avenue, Eustis, FL, 32726 $140,000 1 1 801 801 SqFt
2503 Gables Drive, Eustis, FL, 32726 $375,000 4 2 1,789 1,789 SqFt
2710 Autumn Lane, Eustis, FL, 32726 $390,000 4 2 2,325 2,325 SqFt
710 Twin Oaks Lane, Eustis, FL, 32726 $445,000 4 2 2,998 2,998 SqFt
314 Woodland Drive, Eustis, FL, 32726 $259,900 4 2 1,560 1,560 SqFt
3101 Northwind Drive, Eustis, FL, 32726 $210,000 3 2 1,200 1,200 SqFt
2419 Maywood Street, Eustis, FL, 32726 $319,900 3 2 1,738 1,738 SqFt
1460 Grove Street, Eustis, FL, 32726 $795,000 6 4 3,276 3,276 SqFt
2722 Maywood Street, Eustis, FL, 32726 $339,900 3 2 1,500 1,500 SqFt
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ByOwner last updated this listing 07/19/2026 @ 06:20

MLS: MFRMLS #O6425935 LISTED BY: Gencher Lafleur, EXP REALTY LLC 888-883-8509 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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