Eustis, FL 32726,PALMETTO ST

$500,000

$550,000

9.1%
Est.Price: ?

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Est. payment /mo

24.78 Acres Lot


SOLD DATE : 02/24/2025

Key Details

Sold Price $500,000

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID O6135137

Sold Date 02/24/25

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $2,092

Lot Size 24.780 Acres

Acres 24.78

Lot Dimensions 1445x680x1524x1300

Property Sub-Type Mixed Use

Property Description

This property offers a generous 24+ acres featuring a blend of residential and Mixed Commercial Residential zoning. With the potential for up to 12 dwellings per acre, the opportunities are extensive. Options include constructing 20 duplexes, 20 single-family homes, or 40 townhouses, or a combination of these along the county-maintained road frontage. Alternatively, you may explore alternative ventures such as self-storage, mixed-use developments, apartments, or a combination of townhouses, duplexes, and single-family homes. The choice is yours to build your dream home or pursue a variety of development possibilities. City water and sewer connections are readily available. This offering encompasses four parcels with Alt Key numbers 1193770, 1193532, 3862860. Please be considerate and refrain from disturbing 1029 Palmetto Street, as it is not part of this listing. The potential here is virtually limitless. Seller will sell the MCR 17.60 acres seperatly.

Location

State FL

County Lake

Zoning RP

Exterior

Utilities Available Electrical Nearby, Sewer Nearby, Water Nearby

Building

Lot Size Range 20 to less than 50

Sewer None

Water None

Others

Pets Allowed Yes

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Special Funding

Listing Terms Cash, Conventional, Special Funding

Special Listing Condition None

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Stellar MLS
Listed by TOWERSIDE REALTY INC
Bought with LPT REALTY
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