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USAFLEustisEustis127 N Grove St
127 N Grove St, Home with 9 bedrooms, 9 bathrooms and null parking in EUSTIS FL | Image 1
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$2,495,000

127 N Grove St, Eustis, FL

Real Estate

For Sale

$--,---,---
990
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 21626 sqft
Garage No
Taxes $24,644
Days Active 3
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $115
MLS® Number O6340873

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Mixed-Use Investment Property – Fully Renovated & Income Producing This exceptionally well-maintained mixed-use property offers the perfect blend of stable income, modern upgrades, and prime location visibility. With 10 commercial units on the ground floor and 9 residential units upstairs, this building is an ideal investment opportunity with strong long-term tenants already in place. Key Features & Upgrades: Completely re-wired and re-plumbed in 2017–2018. All new AC units 2017/2018, plus new windows throughout (except 1st floor storefront windows facing Grove St). Roof re-coated (July 2025) and building repainted (July 2025) for long-term durability and curb appeal. Fully sprinkled with fire and smoke alarm monitoring. Ample onsite parking with 33 dedicated spaces, plus additional street parking for tenants and customers. Tenant Mix & Income Highlights: 10 Commercial Units (Downstairs): Occupied by established, long-term tenants with a strong history of success. 9 Residential Units (Upstairs): Stable residential occupancy with updated living spaces. Seller Lease-Back: Seller to lease one commercial unit for 12 months at $1, 000/month, providing immediate, guaranteed rental income. Water/Sewer bill back on some commercial and residential tenants. Investment Advantages: Rare opportunity to acquire a fully updated, income-generating property with strong tenant retention. Mixed-use diversity ensures income stability across both residential and commercial markets. Turnkey condition—minimal capital improvements needed thanks to extensive renovations and recent updates. This property benefits from high visibility, steady traffic, and excellent accessibility.Show Description
MLS® NumberO6340873
Laundry LevelCorridor Access, Laundry Room, Upper Level
Central VacNo
FireplaceNo
Acreage0.38
ExteriorSidewalk
GarageNo
Approx. Age1930
BasementFull, Unfinished
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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