Single Family Residence at 2979 S GROVE ST, EUSTIS
Single Family Residence at 2979 S GROVE ST, EUSTIS, photo 2 of 3
Single Family Residence at 2979 S GROVE ST, EUSTIS, photo 3 of 3
3 photos

$280,000

2979 S GROVE ST
EUSTIS, FL 32726
Listed by Gencher Lafleur · EXP REALTY LLC
Bedrooms
2
Bathrooms
1
Living area
1,400 sqft
Year built
1935

About this home

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.

Property details

MLS #
MFRO6425935
Property type
Single Family Residence
Subdivision
0002
Status
Active
Days on market
33
On market date
July 16, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.68 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
TRIANGLE ELEMENTARY SCHOOL
0.97 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
712
Student:teacher ratio
14.2:1
District
LAKE
Middle
EUSTIS MIDDLE SCHOOL
3.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
916
Student:teacher ratio
16.7:1
District
LAKE
HighCharter
LAKE TECHNICAL COLLEGE
0.74 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
0
District
LAKE

Mortgage calculator

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Est. monthly payment
$1,836/mo
$56,000 down
$224,000 loan
Principal & interest$1,453
Property tax (est.)$233
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.