For Sale
$395,000

700 Mount Homer RdEustis, FL 32726

12-unit apartment complex, shovel-ready.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional one-acre lot in Eustis, Florida (APN 22-19-26-0001-000-00200, located at 700 Mt Homer Rd, 32726) presents a fully entitled and shovel-ready opportunity for the development of a twelve-unit multifamily residential complex. The property is zoned for multi-family use, eliminating lengthy permitting processes. Detailed development plans are available, significantly reducing pre-construction timelines and costs. Architectural drawings are available for serious inquiries at an additional cost, and elevations are available for review. This prime location offers convenient access to major transportation routes, commercial centers, and a variety of amenities, ensuring high tenant demand and strong rental income potential. The property's strategic positioning within a rapidly growing area guarantees a significant return on investment. Capitalize on the escalating need for quality housing in this thriving community. This is an ideal investment for both seasoned developers and astute investors seeking a lucrative venture with minimal pre-development hurdles. The asking price is $395,000.

Highlights

  • Prime location near amenities, commercial centers, and transportation.
  • 12-unit apartment complex zoning allows for high ROI.
  • Strong rental demand ensures high occupancy rates.
  • Excellent access to major roads, public transit, and services.
  • Close proximity to shopping, schools, recreation, and restaurants.
  • Exceptional investment opportunity for developers and investors.

Property Details for 700 Mount Homer Rd

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Eustis
County
Lake
State
Florida
Latitude
28.8289477
Longitude
-81.6939682
700 Mount Homer Rd, Eustis, Florida

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700 Mount Homer Rd
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