Price Reduced 10.00%


Price History

$499,800
9/12/2025

$449,800
10/23/2025


1505 RUSSELL AVENUE, Eustis, FL, 32726

1505 RUSSELL AVENUE, Eustis, FL, 32726

****Potential to build up to 38 units***3.18 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development. Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools Development Standards: Maximum Density: 12 units per acre Maximum Height: • 35’ – Single-Family • 45’ – Multi-Family Incentives & Density Bonuses: Developers can unlock 5–15% additional density by incorporating: Affordable Housing • At least 20% of units affordable to households earning <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income Green Building & Energy Efficiency • Additional bonuses available for sustainable design and certification Manufactured Housing Provisions: Residential units manufactured off-site are permitted if they: Meet all federal & state construction standards Are permanently attached to foundations Comply with all lot, yard, and land development regulations


Status:

Active

Type:

Lot / Acreage

Subdivision:

EUSTIS TAYLORS SUB

Lot Size:

450 x 309

Acreage:

3.18

Est. Taxes:

$2,008

Utilities

Public

Days on Market:

41

MLS #:

O6343741


Community Info

School Info

Walk Score

Yelp


Listing courtesy of SLOANE REALTY, LLC 407-829-2418