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Property Description
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.
Full Property Details
Full Property Details for 2979 S Grove St
General
- Price: $280,000
- Taxes: $612 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6425935
- Updated: 7/18/2026
- Added to Site: 5 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ninguno
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other, Private Mailbox
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: 2
- Driving Directions: From the intersection of US 441 and 19, go North on 19. Take a right onto Ashford Ave. Make a right onto S. Grove St. Property on the left.
- Direction Faces: Northwest
Community
- Community Name: 32726 - Eustis
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 1,400
- Sq. Ft. Source: Public Records
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,760
- Lot Size: 29760
- Lot Dimensions: 120 x 248
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $612.46
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 640.2 FT E OF NW COR OF SE 1/4 OF NW 1/4, RUN S 49DEG E 411.84 FT, S 40DEG W 170.74 FT FOR POB, RUN S 49DEG E 248 FT, S 40DEG 07MIN W 116.36 FT, N 50DEG 32MIN W 219.56 FT, NE'LY TO POB ORB 1852 PG 0722
- Flood Zone Info: X
- APN: 231926000200002300
- Property ID: 231926000200002300
Listed by Exp Realty Llc
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Schools
Schools serving 2979 S Grove St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Eustis Heights Elementary School 310 West Taylor Avenue, Eustis, FL 32726 | PK-5 | 1 mi |
Eustis Middle School 18725 Bates Avenue, Eustis, FL 32736 | 6-8 | 3.5 mi |
Eustis High School 1300 East Washington Avenue, Eustis, FL 32726 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2979 S Grove St
Date
Details
Price
Change
Source
7/16/2026
Listed
$280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2979 S Grove St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$539
—
$74,130
3%
2024
$539
3%
$72,050
3%
2023
$524
-38%
$69,960
6%
2021
$839
37%
$65,952
-3%
2022
$612
-27%
$67,930
4%
2021
$839
—
$65,042
2%
2018
$837
4%
$63,652
—
2017
$803
-7%
$63,724
—
2019
$864
6%
$63,580
1%
2016
$812
-3%
$63,237
1%
2015
$834
-1%
$62,798
1%
2014
$841
3%
$62,300
1%
2013
$819
—
$61,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2979 S Grove St
2979 S Grove Street, Eustis, FL 32726 (MLS# O6425935) is a Single Family property with 2 bedrooms and 1 full bathroom. 2979 S Grove Street is currently listed for $280,000 and was received on July 16, 2026. Want to learn more about 2979 S Grove Street? Do you have questions about finding other Single Family real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.

