Land - Real Estate in Eustis
Listing Price: $395,000Cumulative Days on Market: 254
Description of Property
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!
Property Details At A Glance
Property Type: Land
City: Eustis
County: Lake
Subdivision: Acreage & Unrec
Annual Tax: $2,153
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features: Buildable
Lot Size (acres): 1
Lot Size (sq. ft.): 43,560 square feet
Lot Dimensions: 210 x 208
Road Frontage: City Street
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Current Adjacent Use: Multi-Family
Legal Description & Other Information
Parcel Number: 221926000100000200
Zoning: UR
Tax Legal Desc.: 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
Section: 22
Range: 26E
Listing courtesy of SIM REI. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
