About 2979 S Grove Street
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.
Features of 2979 S Grove Street
| MLS® # | O6425935 |
|---|---|
| Price | $280,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,400 |
| Acres | 0.68 |
| Year Built | 1935 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | EXP REALTY LLC |
|---|
Listing Map
Neighborhood Information for 2979 S Grove Street
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Faith Lutheran School Private - Preschool to 8Th Grade - Closest Elementry School |
0 Miles | |
|
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Nonschool Adult Education Public - to |
1 Miles | |
|
|
Lake Technical College Public - to |
1 Miles | |
|
|
Lake Academy Eustis Public - 2Nd Grade to 12Th Grade |
1 Miles | |
|
|
Lake Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Alee Academy Charter School Public - 9Th Grade to 12Th Grade |
1 Miles | |
|
Triangle Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools