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$980,000

  • For Sale
  • Active
  • Single Family
  • 13 Beds
  • 8 Total Baths
  • 5,203 Sq. Ft.
  • Updated 8 days ago
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ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a blended 6.64% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.

Full Property Details for 422 & 426 E Citrus Ave

General

  • Price: $980,000
  • Taxes: $7,560 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5108356
  • Updated: 3/26/2026
  • Added to Site: 45 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months
  • Min. Lease: No Minimum

Interior

  • Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances: Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Ceramic Tile, Laminate, Luxury Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 13

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Awning(s), Lighting, Sidewalk, Storage
  • Deck/Patio: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Porch/Patio/Deck: Covered, Enclosed, Front Porch, Patio, Rear Porch, Scre

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Covered Spaces: 5
  • Parking Features: Assigned, Ground Level, Guest, Open

Location

  • Area: 32726 - Eustis
  • County: Lake
  • Development Name: 32726 - Eustis
  • Subdivision: EUSTIS
  • Driving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.

School Information

  • Elementary School: Eustis Elem
  • Middle School: Eustis Middle
  • High School: Eustis High School

Community

  • Community Name: 32726 - Eustis
  • Number of Pets: 2
  • Pet Restrictions: Pet Restrictions Provided Upon Request.

Heating & Cooling

  • Cooling Type: Central Air, Mini-Split Unit(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 3
  • Exterior Const.: Stucco, Wood Frame, Wood Siding
  • Roof: Metal, Other, Shingle
  • Windows: Aluminum Frames, Blinds, Window Treatments, Wood Frames
  • Stories/Levels: Multi/Split
  • Square Feet: 5,203
  • Sq. Ft. Source: Estimated
  • Year Built: 1925

Additional Structures

  • Other Structures: Storage

Lot Features

  • Lot Size (Acres): 0.62
  • Lot Size (Sq. Ft.): 27,084
  • Lot Size: 27084
  • Lot Dimensions: 60 x 234 & 55 x 232
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt

Financial Considerations

  • Tax Amount: $7,560
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76 RUN N TO PT 44 FT S OF N LINE OF LOT 4 E 4 FT N 44 FT E 51 FT S TO S LINE LOT 4 W TO POB PB 1 PG 79 ORB 6319 PG 2114
  • Flood Zone Info: x
  • APN: 111926010007600401
  • Property ID: 111926010007600401
  • Block/Lot/Section: 76

Listed by Rock Springs Realty, Llc

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Listing agent

— 422 & 426 E Citrus Ave —

  • Rock Springs Realty, Llc

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 422 & 426 E Citrus Ave

School District:Lake County School District
NameGradesDistance
Eustis Elementary School
714 Citrus Avenue, Eustis, FL 32726
PK-50.2 mi
Eustis Middle School
18725 Bates Avenue, Eustis, FL 32736
6-82.2 mi
Eustis High School
1300 East Washington Avenue, Eustis, FL 32726
9-120.6 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 422 & 426 E Citrus Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$980,000
444.44%
MLS
6/06/2019
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
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 for 422 & 426 E Citrus Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,833
—
$191,152
1%
2024
$3,833
5%
$189,946
2%
2023
$3,658
20%
$185,567
24%
2021
$3,051
-11%
$150,146
-12%
2022
$3,413
12%
$171,472
14%
2021
$3,051
25%
$150,062
33%
2019
$2,440
7%
$112,651
6%
2018
$2,288
10%
$106,717
10%
2017
$2,081
-1%
$97,015
—
2016
$2,108
-1%
$97,015
2%
2015
$2,127
1%
$95,549
1%
2014
$2,111
5%
$94,215
2%
2013
$2,001
—
$92,482
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Rock Springs Realty, Llc

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422 & 426 E Citrus Avenue, Eustis, FL 32726 (MLS# G5108356) is a Single Family property with 13 bedrooms and 0 full bathrooms. 422 & 426 E Citrus Avenue is currently listed for $980,000 and was received on February 17, 2026. Want to learn more about 422 & 426 E Citrus Avenue? 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.

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