233 E Key AvenueEustis, FL 32726MLS Number G5080862

  • Price: $1,300,000
  • Est. Mortgage of $/month
  • 99 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726233 E Key Avenue Eustis FL 32726
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  • 0.49Acreage
  • 1914Year Built
  • 7,502Square Feet
Welcome to your next income-producing gem nestled in the heart of Central Florida! This charming 10-unit, two-story apartment building is an investor's dream come true. Featuring a diverse mix of units including two spacious 2-bedrooms, six cozy 1-bedrooms, and two convenient studios, this property caters to a wide range of tenant needs, ensuring steady occupancy and reliable cash flow. Recent upgrades including a brand new roof and updated gas lines ensure peace of mind for the savvy investor, while each unit boasts its own central HVAC system for maximum comfort year-round. Conveniently located in Eustis, part of the vibrant golden triangle, this property offers easy access to Mount Dora, Tavares, and Downtown Orlando via the new expressway, making it a desirable destination for renters seeking convenience and connectivity. Key Features: Centrally located with easy access to amenities Walking distance to Downtown Eustis Minutes from multiple Publix grocery stores Close to shopping and dining options On-site coin-operated laundry for additional revenue Don't miss out on this lucrative opportunity to own a piece of rapidly growing Eustis, with its 27,000+ residents and booming rental market. Whether you're a seasoned investor or just starting out, this property offers both character and charm alongside solid returns. Schedule your viewing today and unlock the potential of this income-producing asset in the heart of Central Florida! For more information or to schedule a viewing, contact us or your local agent for more information. Please do not disturb our great residents.
Listing Courtesy of HICKORY HILL REALTY & MGT INC.

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Location Information

  • Road Frontage DescriptionBrick

Parking

  • Parking Features Off Street

Location

  • Address233 E Key Avenue
  • AreaEustis
  • CountyLake
  • Exterior Features Outbuilding(s)
  • StateFL
  • SubdivisionEustis
  • TownEustis
  • Township 19
  • Zip32726

Property Information

  • Acreage0.49
  • Lot DescriptionCity Limits
  • Lot Size Square Feet 21,302
  • MFR Living Area Meters 696
  • MFR Lot Size Square Meters 1,979
  • MFR Total Acreage 1/4 to less than 1/2
  • Property Condition Completed
  • Square Feet7,502

Basic Information

  • Lease Term Twelve Months
  • List Price$1,300,000
  • MLS NumberG5080862
  • Mls Status Active
  • StatusACT

Building

  • BasementPartial
  • Construction Materials Brick, Stucco
  • Foundation Details Basement, Crawlspace
  • Patio And Porch Features Front Porch
  • RoofShingle
  • Units1
  • Year Built1914

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Tax Information

  • MFR Total Monthly Expenses $2,436
  • Tax Year 2023
  • Taxes$10,334

Basic Information

  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Total Actual Rent $118,200
  • Virtual TourView Tour

Property

  • ZoningRT

Utilities

  • Cooling Central Air
  • Heating Central, Electric
  • Laundry Features Other
  • Sewer Private Sewer
  • Utilities Electricity Available
  • Water Source Public

Other

  • Date Listed04/17/2024
  • Gross Income $120,600
  • MFR Annual Expenses $119,566
  • MFR Annual Net Income $91,366
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2012-12-18
  • MFR Minimum Lease No Minimum
  • View Count46
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of July 24, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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