406 Orange Avenue, EUSTIS, FL 32726
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  • MLS#: O6298840 ( Multi-Family )
  • Street Address: 406 Orange Avenue
  • Viewed:
  • Price: $425,000
  • Price sqft: $82
  • Waterfront: No
  • Year Built: 1919
  • Bldg sqft: 5194
  • Bedrooms: 8
  • Total Baths: 6
  • Days On Market: 16
  • Additional Information
  • Geolocation: 28.8525 / -81.6812
  • County: LAKE
  • City: EUSTIS
  • Zipcode: 32726
  • Subdivision: Eustis
  • Elementary School: Eustis Elem
  • Middle School: Eustis
  • High School: Eustis
  • Provided by: MARK SPAIN REAL ESTATE
  • Contact: Devon Bascombe
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to 406 E Orange Ave, a charming, income producing fixer upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner occupants ready to bring their vision to lifewhile gaining instant equity in a prime location. Highlights include a like new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation. Execute the current owners plans to convert the main structure into two 3 bedroom, 2 bathroom units, and the secondary structure into a 2 bedroom, 2 bathroom apartment or in law suitecreating three total income generating units. Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares. Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventorymaking this a rare opportunity to capitalize on the market. Enjoy small town charm with easy access to major highways connecting you to Orlando and Central Floridas top attractions. Whether you're looking to house hack, build a profitable rental portfolio, or secure a long term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!
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Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Mobile: 407.448.1042
  4. frank4074481042@gmail.com