For sale Home

Listed Jul 9, 2026

$270,000 Est. $1,786/mo

2979 South Grove Street

  • 2

    Beds

  • 1

    Baths

  • 1,400

    Sq ft

The story

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just off the highly traveled intersection of US HIGHWAY 441 AND S BAY STREET in Eustis, this unique property offers incredible potential for investors, developers, and business owners. The existing home is a FIXER-UPPER and the property has already received APPROVED REZONING FOR COMMERCIAL AND MULTIFAMILY USE, giving the next owner a valuable head start. Whether you choose to renovate the existing home, create an income-producing rental, establish a business, or redevelop the property for commercial or multifamily use (subject to local requirements), the possibilities are extensive. Its location along one of Eustis’ busiest commercial corridors provides EXCELLENT ACCESSIBILITY AND EXPOSURE while remaining just off the main intersection. Conveniently located near DOWNTOWN EUSTIS, shopping, restaurants, medical facilities, schools, and major roadways, this property is positioned in an area experiencing continued growth and redevelopment. The owner has already completed the rezoning process, eliminating a significant hurdle for future development. Properties with this combination of location, zoning flexibility, and investment potential are hard to find. Whether you’re an investor looking for your next project or a developer seeking a prime location, this is an opportunity you won’t want to miss. VACANT. ALL SHOWINGS MUST BE SCHEDULED THROUGH SHOWINGTIME. DO NOT WALK THE PROPERTY OR APPROACH THE HOME WITHOUT A CONFIRMED APPOINTMENT. PROPERTY IS MONITORED. CONTACT LISTING AGENT WITH ANY QUESTIONS.

Facts & features

Home type

Home

Year built

1935

Floors

2

Lot size

1 acres

Price per sq ft

$193

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Roof

    Metal

  • Exterior

    Private Mailbox

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,786 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,437
  • Property tax $270
  • Insurance $79

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

EXP REALTY LLC

Broker Name

EXP REALTY LLC

Agent

Gencher Lafleur