406 Orange Avenue, EUSTIS, FL 32726
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  • MLS#: O6298840 ( Residential Income )
  • Street Address: 406 Orange Avenue
  • Viewed: 19
  • Price: $425,000
  • Price sqft: $82
  • Waterfront: No
  • Year Built: 1919
  • Bldg sqft: 5194
  • Bedrooms: 8
  • Total Baths: 6
  • Days On Market: 55
  • Additional Information
  • Geolocation: 28.8525 / -81.6812
  • County: LAKE
  • City: EUSTIS
  • Zipcode: 32726
  • Subdivision: Eustis
  • Elementary School: Eustis Elem
  • Middle School: Eustis
  • High School: Eustis
  • Provided by: MARK SPAIN REAL ESTATE
  • Contact: Devon Bascombe
  • 855-299-7653
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to 406 E Orange Ave, a charming, income producing fixer upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner occupants ready to bring their vision to lifewhile gaining instant equity in a prime location. Highlights include a like new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation. Execute the current owners plans to convert the main structure into two 3 bedroom, 2 bathroom units, and the secondary structure into a 2 bedroom, 2 bathroom apartment or in law suitecreating three total income generating units. Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares. Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventorymaking this a rare opportunity to capitalize on the market. Enjoy small town charm with easy access to major highways connecting you to Orlando and Central Floridas top attractions. Whether you're looking to house hack, build a profitable rental portfolio, or secure a long term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!
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Features
Building and Construction
  • Basement: Finished
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Sidewalk
  • Flooring: Wood
  • Living Area: 4026.00
  • Roof: Shingle
Property Information
  • Property Condition: Fixer
Land Information
  • Lot Features: Corner Lot, City Limits, Level, Near Public Transit, Sidewalk, Paved
School Information
  • High School: Eustis High School
  • Middle School: Eustis Middle
  • School Elementary: Eustis Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Off Street
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Ductless
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Ninguno
  • Legal Description: EUSTIS PB 1 PG 79 LOTS 5 6 7 8 BLK 64 N 1/2 OF VACATED UNNAMED ALLEY LYING S OF LOTS 5 6 7 8 BLK 64 ORB 6179 PG 651
  • Area Major: 32726 - Eustis
  • Occupant Type: Vacant
  • Parcel Number: 11-19-26-0100-064-00500
  • Possession: Close Of Escrow
  • Views: 19
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Details for 525 Orange Avenue, EUSTIS, FL 32726
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Investment Opportunity in the Heart of Eustis! Welcome to 525 E Orange Ave a triplex located just minutes from charming downtown Eustis. This fully occupied income producing property offers an ideal

  1. Bedrooms: 7
  2. Baths: 3
  3. Approx. 3050 sqft
  1. MLSID: G5096694
  2. Provided by NARROW ROAD REALTY
  3. Contact Braden Verkaik
  4. mfrmls
  5. DMCA Notice
Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Mobile: 407.448.1042
  4. frank4074481042@gmail.com