$599,900
( $102.46Per Sq Foot )
 $3,220 est/mo Sourced by Back At You

527 E Lemon Ave,EUSTIS, FL 32726

EUSTIS, FL 32726

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Description

Investment Opportunity - 6-Unit Multifamily Property Near Historic Downtown Eustis. Full Occupancy! Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with every unit occupied, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.

Details

MLS #G5113226
Listing TypeFor Sale
StyleMulti-family 5+
Sub-TypeFor-sale
StatusActive
Year1919
Days On Site88
Listing Provided ByORISON PROPERTIES INC. | Stephanie Frederick

Features

SQ Feet5,415
Story(s)2
Units6
ZoningSR
Acreage0.57

Taxes

Property7283

Area Information

StateFL
CountyLake
CityEUSTIS
Zip Code32726
Area32726 Eustis
Community NameEUSTIS
Listing VS Median (in EUSTIS)
Price:
$599,900
low | high
Med:
$262,250
100% of Average
sqft:
5,415
low | high
Med:
1,515
100% of Average
$ / sqft:
$111
low | high
Med:
$176
8.568288621447% of Average
On site:
88
low | high
Med:
87
100% of Average
Sourced by Back At You

Market Activity 32726

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 16, 2026 at 12:59:17 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyLake
CityEUSTIS
Zip Code32726
Area32726 Eustis
Community NameEUSTIS
Listing VS Median (in EUSTIS)
Price:
$599,900
low | high
Med:
$262,250
100% of Average
sqft:
5,415
low | high
Med:
1,515
100% of Average
$ / sqft:
$111
low | high
Med:
$176
8.568288621447% of Average
On site:
88
low | high
Med:
87
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $449K - $749K
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
422 & 426 E CITRUS AVE Property Photo 1
$939,800
422 & 426 E Citrus Ave
Eustis, FL 32726
Listing Updated: August 25, 2026 at 10:41:04 PM PDT