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Nestled in the heart of Eustis on a corner lot is this income-potential producing property just blocks from all the locals’ favorite places! This renovated concrete block property features a 2-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath in-law suite and a spacious storage/bonus room. The main home offers an open-concept layout with custom concrete kitchen countertops, stainless steel appliances, a natural gas stove, built-in storage benches, recessed lighting, and updated fixtures throughout. Both units feature BRAND-NEW: roofs, mini-split systems, renovated bathrooms, flooring, and along with an updated electrical panel, fresh exterior paint, and refreshed landscaping. A metal shed was also added in 2024 for convenient gardening and lawn care storage.
One of the standout features of this property is the dense wooded area bordering one side of the home, creating an added sense of privacy and a peaceful natural backdrop rarely found this close to downtown.
Located within approximately 6 blocks distance to downtown are favorites like: Lake Eustis, the Lickity Split ice cream shop, Rosa Mezcal Mexican restaurant, One Thirteen Coffeehouse, Foxtail Coffee Co. , local shops, restaurants, the marketplace vendor shops, Ferran Park for families, the public pool right on the lake, a boat dock and kayak accessibility, Post Office, public library and a dog park, and the popular downtown Eustis Fresh Market held on Wednesday nights just a few blocks away. The property is also only a few miles from the Lake Eustis Waterfront Grille, Lake County Fairgrounds, which hosts an additional Thursday farmers market along with year-round community events and festivals. Enjoy easy access to Amber Brooke Farms, located approximately 15 minutes away and known for seasonal U-pick berries and flowers, festivals, and family activities. This property is approximately 10 minutes from the hospital, emergency room and urgent care services. About 10 minutes to Planet Fitness and a nature preserve. The DMV is about 10 minutes away as well. The home is also conveniently located about 5 minutes from the main high school campus, approximately 2 minutes from the freshman campus, and just 1. 5 miles from the brand-new Aldi which is opening soon, along with Floridian favorite Publix across from the upcoming Aldi.
Eustis is loved for its small-town charm, beautiful sunsets over Lake Eustis and lively First Friday events featuring food trucks, vendors, live entertainment, and local businesses. A fantastic opportunity for investors, multigenerational living, or anyone looking to be close to the heart of downtown Eustis. Call today before someone else does!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $231,200 | $231,200 | $231,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $196 | $196 | $196 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,386 | $1,442 | $1,920 |
| Total Monthly Payment | $1,657 | $1,713 | $2,191 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.