Eustis Homes with No Deed Restriction Community Extras

Eustis Homes with No Deed Restriction Community Extras

Welcome to Eustis, Florida – a hidden gem nestled in the heart of Lake County! This charming city offers a delightful blend of small-town warmth and natural beauty, making it an ideal place to call home. Eustis is renowned for its picturesque lakes, lush parks, and vibrant community spirit, providing residents with a serene lifestyle surrounded by stunning landscapes.

One of the standout features of Eustis is its unique homes in communities with no deed restrictions. This means you have the freedom to personalize your property without the constraints often found in traditional neighborhoods. Whether you envision a sprawling garden, a workshop for your creative projects, or simply want the flexibility to park your RV, Eustis offers the perfect canvas for your dreams.

The community extras in Eustis are truly remarkable. Residents can enjoy a host of recreational activities, from boating and fishing on the pristine lakes to hiking and biking along scenic trails. The city is also home to a variety of local shops, delightful dining options, and engaging community events that foster a strong sense of belonging.

With its friendly atmosphere and an abundance of outdoor adventures, Eustis is more than just a place to live; it's a lifestyle. If you're looking for a home that offers both freedom and a vibrant community, Eustis, Florida, is the perfect destination to start your next chapter. Embrace the charm and possibilities that await you in this beautiful lakeside city!

Newest Eustis Homes with No Deed Restriction Community Extras

$939,800
13 Beds 8 Baths Eustis SubDv. 32726 Zip Code
ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown. This is a "turnkey" investment opportunity, 100% occupancy, annual tenants, and provides a blended 6.925% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-BathUnits. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.

422 & 426 E Citrus Avenue, Eustis

$599,900
Eustis SubDv. 32726 Zip Code
Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Full Occupancy! Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with every unit occupied, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.

527 E Lemon Avenue, Eustis

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