← Back to homesACTIVE · MLS MFRO6425935

Eustis, FL · Single Family Residence

2979 S Grove St

$270,000
List price
2Bedrooms
1Bathrooms
1,400Square feet
0.68Acres

THE SETTING, AND THE DETAILS

A closer look.

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just off the highly traveled intersection of US HIGHWAY 441 AND S BAY STREET in Eustis, this unique property offers incredible potential for investors, developers, and business owners. The existing home is a FIXER-UPPER and the property has already received APPROVED REZONING FOR COMMERCIAL AND MULTIFAMILY USE, giving the next owner a valuable head start. Whether you choose to renovate the existing home, create an income-producing rental, establish a business, or redevelop the property for commercial or multifamily use (subject to local requirements), the possibilities are extensive. Its location along one of Eustis’ busiest commercial corridors provides EXCELLENT ACCESSIBILITY AND EXPOSURE while remaining just off the main intersection. Conveniently located near DOWNTOWN EUSTIS, shopping, restaurants, medical facilities, schools, and major roadways, this property is positioned in an area experiencing continued growth and redevelopment. The owner has already completed the rezoning process, eliminating a significant hurdle for future development. Properties with this combination of location, zoning flexibility, and investment potential are hard to find. Whether you’re an investor looking for your next project or a developer seeking a prime location, this is an opportunity you won’t want to miss. VACANT. ALL SHOWINGS MUST BE SCHEDULED THROUGH SHOWINGTIME. DO NOT WALK THE PROPERTY OR APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PROPERTY IS MONITORED. CONTACT LISTING AGENT WITH ANY QUESTIONS.

The details that help you decide.

Details supplied with the listing. Information that was not provided is marked below.

Home essentials
Price per square foot
$193
Full bathrooms
1
Half bathrooms
0
Heated living area
1400
Lot size (acres)
0.68
Lot size (sq ft)
29760
Year built
1935
Property type
Residential
Property style
Not provided
Interior & rooms
Interior features
Ninguno
Appliances
None
Flooring
Other
Additional rooms
Not provided
Land, water & community
Waterfront
No
Waterfront type
Not provided
Water body / lake name
Not provided
Water view
Not provided
Dock
Not provided
Dock features
Not provided
Other views
Not provided
Lot features
Not provided
Exterior features
Other, Private Mailbox
Community amenities
Not provided
Zoning
R-1
Current use
Not provided
Horse amenities
Not provided
Fencing
Not provided
Other structures
Not provided
Pool, parking & systems
Private pool
No
Pool features
Not provided
Garage
No
Garage spaces
0
Carport
No
Carport spaces
Not provided
Parking features
Not provided
Fireplace
No
Fireplace features
Not provided
Heating
Electric
Cooling
Central Air
Water supply
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Construction
Construction materials
Frame
Roof
Metal
Foundation
Pillar/Post/Pier
Stories
2
Levels
Two
Location & schools
City
EUSTIS
Subdivision
0002
County
Lake
ZIP code
32726
Elementary school
Not provided
Middle school
Not provided
High school
Not provided
Association, taxes & listing
HOA / association
No
Association fee
Not provided
Fee frequency
Not provided
Included services
Not provided
Association amenities
Not provided
Additional association fee
Not provided
Additional fee frequency
Not provided
Condo fee
Not provided
Condo fee frequency
Not provided
Annual property taxes
$612.46
Tax year
2025
Other annual assessments
Not provided
CDD
No
Listing status
Active
Days on market
76
Listing broker
EXP REALTY LLC
MLS number
MFRO6425935

Explore the area

Location supplied with the listing. Confirm boundaries and access for the property.

Listed by EXP REALTY LLC · MLS MFRO6425935
Source: mfrmls · Listing updated 2026-10-01 00:43:09 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.

Listing photograph

MLS MFRO6425935 · EXP REALTY LLC

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