For Sale
$595,000

1309 Orange AveEustis, FL 32726

3.3-acre mixed-use development site

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 3.3-acre parcel in Eustis, Florida, presents a unique investment opportunity. Located at 1309 E Orange Ave, 32726, this high and dry, mostly cleared and leveled property boasts 150 feet of frontage on East Orange Avenue, the main thoroughfare into historic downtown Eustis, experiencing 10,500 average annual daily traffic. The property also offers 330 feet of frontage on East McDonald Avenue with an additional access point from Magnolia Avenue. Zoned MCR, this versatile site allows for a variety of uses, including commercial, residential (townhomes, multi-family), and mixed-use developments. Residential density is 12 dwelling units per acre, and commercial density is 0.35 FAR. Existing infrastructure includes utilities on-site, a curb cut, and a crosswalk on East Orange Avenue. The property's strategic location is further enhanced by its proximity to existing apartments, offices, and retail establishments, including a Family Dollar. Seller financing is available. This prime location and flexible zoning make this an ideal opportunity for developers and investors seeking a high-impact project in a thriving community near Orlando.

Highlights

  • $595,000 asking price.
  • 3.3-acre land parcel in Eustis, Florida.
  • MCR zoning allows for commercial, residential, and mixed-use development.
  • High and dry, mostly cleared and level lot with utilities available.
  • 150' of frontage on E Orange Ave and 330' on E McDonald Ave, offering excellent visibility and access.

Property Details for 1309 Orange Ave

Property type
Land
Lot Size (sq. ft)
143,748 SF

Location Insight

City
Eustis
County
Lake
State
Florida
Latitude
28.8532744
Longitude
-81.6713496
1309 Orange Ave, Eustis, Florida

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1309 Orange Ave
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