700 Mount Homer RdEustis, FL 32726

Property Details for 700 Mount Homer Rd

Year built

1982

Construction

WOOD FRAME

Lot size

1.00 AC

Property size (Sq ft)

616 SF

Property type

Land

Property subtype

Commercial land

APN

22-19-26-0001-000-00200

APU

221926000100000200

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $134,586

  Hospitality

  $123,280

  Educational

  $102,568

  Medical

  $106,095

  Retail

  $159,550

Location Insight

City

Eustis

County

Lake

State

Florida

Latitude

28.8288

Longitude

-81.6941

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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