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 intersection.
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.
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 intersection.
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.
Property Details
Price:
$270,000
MLS #:
O6425935
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
0002
Neighborhood:
32726eustis
Listed Date:
Jul 16, 2026
Finished Sq Ft:
1,400
Total Sq Ft:
1,936
Lot Size:
29,760 sqft / 0.68 acres (approx)
Year Built:
1935
See this Listing
Schools
Interior
Appliances
None
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Other
Heating
Electric
Interior Features
Ninguno
Laundry Features
Other
Levels
Two
Exterior
Construction Materials
Wood Frame
Direction Faces
Northwest
Exterior Features
Other, Private Mailbox
Roof
Metal
Financial
Tax Year
2025
Taxes
$612
Map
Community
- Address2979 S GROVE STREET EUSTIS FL
- Subdivision0002
- CityEUSTIS
- CountyLake
- Zip Code32726
Market Summary
Current real estate data for Single Family in EUSTIS as of Nov 04, 2026
232
Single Family Listed
93
Avg DOM
245
Avg $ / SqFt
$508,442
Avg List Price
Property Summary
- Located in the 0002 subdivision, 2979 S GROVE STREET EUSTIS FL is a Single Family for sale in EUSTIS, FL, 32726. It is listed for $270,000 and features 2 beds, 1 baths, and has approximately 1,400 square feet of living space, and was originally constructed in 1935. The current price per square foot is $193. The average price per square foot for Single Family listings in EUSTIS is $245. The average listing price for Single Family in EUSTIS is $508,442. To schedule a showing of MLS#o6425935 at 2979 S GROVE STREET in EUSTIS, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of EXP REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2979 S GROVE STREET
EUSTIS, FL
