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420 N Grove St
Eustis, FL 32726
Land For Sale
·
1.80 AC
INVESTMENT HIGHLIGHTS
- Walking distance to Lake Eustis, a 7,000 acre spring fed lake & member of the harris chain of lakes
- Walking distance to Ferran Park, Eustis aquatic center, the museum of art, the historical museum, and downtown waterfront entertainment district
- One block east of the planned new community conference & sailing center
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.80 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CBD - Central Business District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.80 AC |
| Opportunity Zone |
Yes |
| Zoning | CBD - Central Business District |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 1.80 AC |
| Price Per AC | $833,333.33 |
| Price | $1,500,000 |
| Price Per AC | $833,333.33 |
| Lot Size | 1.80 AC |
2.04 acres.
DESCRIPTION
Downtown Eustis Parcel F is located at 420 North Grove Street, Eustis, Florida 32726. The property is zoned Central Business District. With a conditional use the property will accommodate 81 residential units in a 6-story building. The property is a full city block containing 2.0355 acres, bounded by North Grove Street on the east, North Eustis Street on the west, Bates Avenue on the north and Hazzard Avenue on the south. The site has approximately 264 linear feet of frontage on Bates Avenue and Hazzard Avenue and approximately 330 linear feet of frontage on North Grove Street and North Eustis Street. Downtown Eustis Parcel F is located just north and within a short walk of the Downtown Waterfront District, which brings together businesses for mutual promotion and activities as well as family and friends to enjoy Eustis’ unique shopping experience, fine dining and live entertainment. Many of Eustis’ finest retail shops and restaurants are located within the district.
PROPERTY TAXES
| Parcel Number | 02-19-26-0100-005-00000 | Improvements Assessment | $0 |
| Land Assessment | $536,435 | Total Assessment | $536,435 |
PROPERTY TAXES
