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Sold on 07/30/2021
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2923 S Grove St, Eustis, FL 32726

  • $529,000

    Last sold 07/30/2021 for $450K

  • —

    bed

  • —

    bath

  • 2,794

    Sqft ($161/Sqft)

Multi-family not for sale
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About 2923 S Grove St

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Lot size 1.01 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
GREAT LAKE FRONT MULTI UNIT INVESTMENT! Check out this great multi-family property that is lakefront on Lake Woodward on one acre. The property consists of a single family home (1,132 sf) with two bedrooms and two baths. This home was formally a duplex and has two separate power meters and could easily be converted back to a duplex with only one wall installed turning it into a 2/1 unit and a 1/1 unit. The main home also has a detached two car garage with workshop. There is a separate efficiency cottage (388 sf), and a duplex that fronts directly on Lake Woodward (1,274 sf). Each side of the duplex has a Florida room, living room, kitchen, one bedroom and one bath and exterior laundry room. They each also have their own carport and additional storage room. The income listed is way below market and doesn't include any rents for the main home which could be a duplex for even more cash flow. The property consists of two parcels that is being sold as one. Don't miss out on this great investment opportunity!
Listed by
Listing Agent - Cheryl Roberts
Listing Office - JOHN ROBERTS REALTY
Source: Stellar MLS mls logo
MLS#G5043913 • last updated 4 years ago
Movoto checked Stellar MLS for data 10 minutes ago
Overview
Levels/Style One
Type Residential Income
Virtual Tour N/A
SubType Multi-Family
Status Sold
MLS # G5043913
SqFt 2794
Lot Size (Acres) 1.01
Lot Size (SqFt) 43995
Property Tax 3809
Year Built 1946
Interior
Exterior
Exterior Storage
Roof Shingle
Foundation Crawlspace
# Garage Spaces 2
# Carport Spaces 2
Lot Desc In County
Amenities / Utilities
Utilities Desc Cable Connected, Public, Water Connected
Sewer Septic Tank
Location
Body of Water LAKE WOODWARD
View Water
Waterfront Lake
County Lake
Subdivision POLAK SUB
Elementary School Eustis Heights Elem
Middle School Eustis Middle
High School Eustis High School
APN 23-19-26-0700-00B-00104
Zoning SR
Multifamily Details
Unit Type 4: Pro Forma 750
Unit Type 2: Pro Forma 400
Unit Type 3: Pro Forma 650
Total # of Units 4
Financial Data Source Owner
Lot/ Land Details
Number Of Lots 2
Road Surface Type Asphalt
Additional Parcels Desc 23-19-26-0700-00B-00100
$529K
Range: $491K-$566K
Last 30 days 
Rental est.: $1,282/month
Gross rent multiplier: 31.2
  • Jul 2021
    mls logo MLS # G5043913
  • Jul 30, 2021 Sold
    $450,000 (-6.2%)
  • Jul 10, 2021 Pending
    —
  • Jul 6, 2021 Listed
    $479,900
  • Jul 2021
    mls logo MLS # G5044027
  • Jul 10, 2021 Pending
    —
  • Jul 6, 2021 Listed
    $479,900
  • 2923 S Grove St
    $450K
  • Polak Sub
    —
  • 32726
    $332K -3% y/y
  • Eustis
    $366K -8% y/y
No chart available
Statistics calculated by Movoto

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1/10
Eustis Heights Elementary School
public Grades PK, K-5
Lake County Schools
3/10
Eustis Middle School
public Grades 6-8
Lake County Schools
4/10
Eustis High School
public Grades 9-12
Lake County Schools
Source: GreatSchools.org © 2026. All rights reserved.

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