Commercial Sale · Multi Family (5+)
205 S GROVE STREET, EUSTIS, FL, 32726
Active217 days on marketListed Dec 26, 2025MLS #O6367864
About this property
The property at a glance
Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow. The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.
5,306
Building sq ft
$141
Price / sq ft
0.4
Lot acres
1924
Year built
2
Buildings
RT
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,901/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,885
Population
$60,750
Median income
40.6
Median age
2.38
Avg household
$230,400
Median home value
$1,027/mo
Median rent
2,736
Households w/ kids
Recent sales
What actually sold near 205 S GROVE STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$45,000
2095 BAY ROAD
3,900 sqft · $12/sqft · Sold May 1, 2025
$61,376
227 E MAIN STREET
4,384 sqft · $14/sqft · Sold May 21, 2026
$227,500
1631 N HIGHWAY 19
3,624 sqft · $63/sqft · Sold Mar 28, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 205 S GROVE STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 205 S GROVE STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of LPT REALTY, LLC · Juan Vazquez. MLS #O6367864.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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