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Investment Highlights

  • Mixed-use Vacant Commercial Land
  • Favorable access, efficient lot shape, ideal topography, and strong adjacencies supporting immediate development
  • 1.5 + acres ready-to-build along Hwy 441 near Donnelly Street
  • Pre-approved drainage permit from the St. Johns River Water Management District

Executive Summary

MIXED-USE VACANT COMMERCIAL LAND Gables Drive | Eustis, FL 32726 ±1.58 Acres | Mixed-Use (MCR) Zoning Positioned at the North Gateway to historic & Charming Downtown Mount Dora, this ±1.58-acre mixeduse parcel represents one of the last remaining ready-to-build vacant lots along the Highly sought-after US Highway 441 commercial corridor, near its intersection with Donnelly Street. The property offers exceptional visibility and frontage along Highway 441, enhanced by serene pond frontage that creates a distinctive setting rarely found on major commercial corridors. The site is bordered by national retailers Lowe’s and Ace Hardware, with the established 44 Gables residential community to the rear, providing strong built-in demand and synergy for future development. Located within the City of Eustis at its boundary with Mount Dora, the property is zoned MCR (Mixed-Use Commercial Residential), allowing a wide range of permitted uses including: • Residential (all types) • Live/Work concepts • Medical and professional offices • Retail and neighborhood commercial uses • Child or adult care facilities • Bed & Breakfast • Select automotive service uses The site is ideally suited for a mixed-use project combining commercial, office, and/or residential components to serve the surrounding high-growth area. Key attributes include favorable access, efficient lot shape, ideal topography, and strong adjacencies supporting immediate development. Extensive due-diligence materials are already completed, including boundary and parcel maps, topographic survey, utility information, and a pre-approved drainage permit from the St. Johns River Water Management District. Ownership has explored multiple development scenarios and may share conceptual plans and supporting documentation with qualified buyers. A rare opportunity to acquire a strategically located, entitled mixed-use site in one of Lake County’s most active growth corridors

Financial Summary (Actual - 2026)

Annual Annual Per AC
Taxes $4,911 $3,108.23
Operating Expenses - -
Total Expenses $4,911 $3,108.23

Financial Summary (Actual - 2026)

Taxes
Annual $4,911
Annual Per AC $3,108.23
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $4,911
Annual Per AC $3,108.23

Property Facts

Price $700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Healthcare
  • Industrial Live or Work Unit
  • Medical
  • Planned Unit Development
  • Restaurant
Total Lot Size 1.58 AC
Zoning MCR - Property is zoned MCR (Mixed-Use Commercial Residential), allowing a wide range of permitted uses.

1 Lot Available

Lot

Price $700,000
Price Per AC $443,037.97
Lot Size 1.58 AC

MIXED-USE VACANT COMMERCIAL LAND Gables Drive | Eustis, FL 32726 ±1.58 Acres | Mixed-Use (MCR) Zoning Positioned at the North Gateway to historic & Charming Downtown Mount Dora, this ±1.58-acre mixeduse parcel represents one of the last remaining.

Description

MIXED-USE VACANT COMMERCIAL LAND Gables Drive | Eustis, FL 32726 ±1.58 Acres | Mixed-Use (MCR) Zoning Positioned at the North Gateway to historic & Charming Downtown Mount Dora, this ±1.58-acre mixeduse parcel represents one of the last remaining ready-to-build vacant lots along the Highly sought-after US Highway 441 commercial corridor, near its intersection with Donnelly Street. The property offers exceptional visibility and frontage along Highway 441, enhanced by serene pond frontage that creates a distinctive setting rarely found on major commercial corridors. The site is bordered by national retailers Lowe’s and Ace Hardware, with the established 44 Gables residential community to the rear, providing strong built-in demand and synergy for future development. Located within the City of Eustis at its boundary with Mount Dora, the property is zoned MCR (Mixed-Use Commercial Residential), allowing a wide range of permitted uses including: • Residential (all types) • Live/Work concepts • Medical and professional offices • Retail and neighborhood commercial uses • Child or adult care facilities • Bed & Breakfast • Select automotive service uses The site is ideally suited for a mixed-use project combining commercial, office, and/or residential components to serve the surrounding high-growth area. Key attributes include favorable access, efficient lot shape, ideal topography, and strong adjacencies supporting immediate development. Extensive due-diligence materials are already completed, including boundary and parcel maps, topographic survey, utility information, and a pre-approved drainage permit from the St. Johns River Water Management District. Ownership has explored multiple development scenarios and may share conceptual plans and supporting documentation with qualified buyers. A rare opportunity to acquire a strategically located, entitled mixed-use site in one of Lake County’s most active growth corridors.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
19-19-27-0010-000-00600
Land Assessment
$247,247
Improvements Assessment
$0
Total Assessment
$247,247
Annual Taxes
$4,911
Tax Year
2026
  • Listing ID: 39223508

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 2915 Gables dr, Eustis, FL 32726

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