$395,000 for Sale
700 mount homer road , eustis, FL 32726
Property Description
Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!
General Information
Sale Price: $395,000
Price/SqFt:
Status: Active
MLS#: O6230070
City: eustis
Post Office: eustis
County: Lake
Subdivision: acreage & unrec
Acres: 1
Lot Dimensions: 210 x 208
Size:
Acreage: 1 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $2,153
Legal Description: FROM THE NORTHEAST CORNER OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF THE NORTHEAST 1/4 OF SECTION 22 TOWNSHIP 19 SOUTH RANGE 26 EAST RUN SOUTH 00-10-25 WEST 25 FEET TO THE SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD FOR THE POINT OF BEGINNING, CONTINU E SOUTH 00-10-25 WEST 207.43 FEET, SOUTH 89-58-31 WEST 210 FEET, NORTH 00-10-25 EAST 207.43 FEET TO SAID SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD, NORTH 89-58-31 EAST 210 FEET TO THE POINT OF BEGINNING ORB 4762 PG 1191
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Wesley Owen of SIM REI, Phone: 352-508-5870
