• 700 Mount Homer Road EUSTIS, FL 32726

  • $395,000
  • 43,560
    Sq Ft
  • 1
    Acre
  • Listed By: SIM REI
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!

Property Type :

Land

Subdivision :

Acreage & Unrec

County :

Lake

Style :

Land

Property Details

 

Water Source

WaterSource: Public

Lot Information

Lot Dimensions: 210x208

Lot Description: Buildable

Lot Square Feet: 43560

Lot Acres: 1

Lot Size (SqMt): 4047

Property Information

Property Type: Land

Listing Price Information

Original List Price: $395000

Tax Information

Tax Block: 000

Tax Book Number: 1735-1874

Tax Legal Description: FROM THE NORTHEAST CORNER OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF THE NORTHEAST 1/4 OF SECTION 22 TOWNSHIP 19 SOUTH RANGE 26 EAST RUN SOUTH 00-10-25 WEST 25 FEET TO THE SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD FOR THE POINT OF BEGINNING, CONTINU E SOUTH 00-10-25 WEST 207.43 FEET, SOUTH 89-58-31 WEST 210 FEET, NORTH 00-10-25 EAST 207.43 FEET TO SAID SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD, NORTH 89-58-31 EAST 210 FEET TO THE POINT OF BEGINNING ORB 4762 PG 1191

Annual Tax: $2153.12

Tax Year: 2022

Parcel Number: 22-19-26-0001-000-00200

Utility Information

Public

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: ACREAGE & UNREC

City: EUSTIS

Direction: Going N on 441, Turn Right on Dillard Road, Turn Right on Mt Homer, Property on the Right.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
N Grove Street, Eustis, FL,32726 $119,900 -- -- 17,250 0.4 Acre
Grant Avenue, Eustis, FL,32726 $70,000 -- -- 12,738 0.29 Acre
15939 Us Highway 441, Eustis, FL,32726 $2,400,000 -- -- 80,585 1.85 Acres
00 Lake Saunders Drive, Eustis, FL,32726 $349,000 -- -- 47,916 1.1 Acres
TBD Tropical Drive, Eustis, FL,32726 $150,000 -- -- 172,062 3.95 Acres
E Orange Avenue, Eustis, FL,32726 $200,000 -- -- 99,371 2.28 Acres
1410 Washington Avenue, Eustis, FL,32726 $299,000 3 2 1,448 0.31 Acre
1232 Lakeview Drive, Eustis, FL,32726 $795,000 3 4 3,959 0.93 Acre
Lake Norris Road, Eustis, FL,32726 $698,382 -- -- 1,746,320 20.08 Acres
3016 Linmont Lane, Eustis, FL,32726 $360,000 3 3 1,674 0.23 Acre

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Based on information submitted to the MLS GRID as of 05/02/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 05/02/2024 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 05/02/2024 @ 06:20

MLS: MFRMLS #O6166065
LISTED BY: Wesley Owen, SIM REI
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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