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.
For sale
$280,000
2979 S GROVE STREET, EUSTIS, FL 32726
2beds
1,400sqft
Single Family Residence
Built in 1935
0.68 Acres Lot
$-- Zestimate®
$200/sqft
$-- HOA
What's special
- 43 days
- 251
- 4
Zillow last checked:
Listing updated:
Listed by:
Gencher Lafleur 407-440-0600,
EXP REALTY LLC 888-883-8509
Source: Stellar MLS,MLS#: O6425935
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: No Closet
- Level: Second
Kitchen
- Level: First
Living room
- Level: Second
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Other
Features
- None
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 1,936
- Total interior livable area: 1,400 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Other, Private Mailbox
Lot
- Size: 0.68 Acres
- Dimensions: 120 x 248
Details
- Parcel number: 231926000200002300
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: 0002
HOA
- Has HOA: No
Location
- Region: Eustis
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $99,499
- Annual tax amount: $612
- Date on market: 7/16/2026
- Cumulative days on market: 44 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $280,000$200/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $544 +1% | $74,130 +2.9% |
| 2024 | $539 +2.8% | $72,050 +3% |
| 2023 | $524 -14.5% | $69,960 +3% |
| 2022 | $612 -27% | $67,930 +3% |
| 2021 | $839 -3.6% | $65,952 +1.4% |
| 2020 | $871 +0.8% | $65,042 +2.3% |
| 2019 | $864 +3.2% | $63,580 -0.1% |
| 2018 | $837 | $63,652 -0.1% |
| 2017 | $837 +4.3% | $63,724 +0.8% |
| 2016 | $803 -1.2% | $63,237 +0.7% |
| 2015 | $812 -3.4% | $62,798 +0.8% |
| 2014 | $841 +85.4% | $62,300 +1.5% |
| 2013 | $454 -3% | $61,380 -1.8% |
| 2012 | $468 -1.7% | $62,531 -1.6% |
| 2011 | $475 -9.1% | $63,543 -7.8% |
| 2010 | $523 +5.4% | $68,936 +5.4% |
| 2009 | $496 +0.2% | $65,431 +0.1% |
| 2008 | $495 -15.4% | $65,366 +3% |
| 2007 | $586 -3.5% | $63,463 +2.5% |
| 2006 | $607 +4.1% | $61,916 +3% |
| 2005 | $583 -38% | $60,113 |
| 2004 | $940 -3.3% | -- |
| 2003 | $972 +48.9% | $56,338 +3.5% |
| 2002 | $653 | $54,451 +34.3% |
| 2001 | $653 +303.8% | $40,541 +16.2% |
| 2000 | $162 | $34,878 |
Find assessor info on the county website
Monthly payment
Est. payment






