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700 Mount Homer Road, Eustis, FL 32726
$395,000
700 Mount Homer Road, Eustis, FL 32726View this property at 700 Mount Homer Road, Eustis, FL 32726
700 Mount Homer RoadEustisFL32726
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Property Description
Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!
Full Property Details
Full Property Details for 700 Mt Homer Rd
General
- Price: $395,000
- Taxes: $2,153 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: O6166065
- Updated: 1/25/2024
- Added to Site: 126 day(s) ago
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: ACREAGE & UNREC
- Driving Directions: Going N on 441, Turn Right on Dillard Road, Turn Right on Mt Homer, Property on the Right.
Community
- Community Name: 32726 - Eustis
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size: 1
- Lot Dimensions: 210 x 208
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $395,000
- Tax Amount: $2,153.12
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM THE NORTHEAST CORNER OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF THE NORTHEAST 1/4 OF SECTION 22 TOWNSHIP 19 SOUTH RANGE 26 EAST RUN SOUTH 00-10-25 WEST 25 FEET TO THE SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD FOR THE POINT OF BEGINNING, CONTINU E SOUTH 00-10-25 WEST 207.43 FEET, SOUTH 89-58-31 WEST 210 FEET, NORTH 00-10-25 EAST 207.43 FEET TO SAID SOUTH RIGHT OF WAY LINE OF MT HOMER ROAD, NORTH 89-58-31 EAST 210 FEET TO THE POINT OF BEGINNING ORB 4762 PG 1191
- Flood Zone Info: x
- APN: 221926000100000200
- Property ID: 221926000100000200
Listed by Sim Rei
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Schools
Schools serving 700 Mt Homer Rd
School District:Lake County School District
Rating | Name | Grades | Distance |
---|---|---|---|
250 W Atwater Ave, Eustis, FL 32726 | PK-5 | 0.7 mi | |
18725 Bates Ave, Eustis, FL 32736 | 6-8 | 3.6 mi | |
1300 Washington Ave, Eustis, FL 32726 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Mt Homer Rd
Date
Details
Price
Change
Source
12/23/2023
Listed
$395,000
64.58%
MLS
4/04/2022
Sold
$240,000
—
Public Record
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 700 Mt Homer Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,479
79%
$173,935
81%
2021
$1,948
-10%
$95,832
-9%
2022
$2,153
11%
$105,415
-10%
2021
$1,948
-22%
$117,190
2%
2019
$2,499
10%
$115,371
8%
2018
$2,280
—
$106,659
—
2017
$2,287
-10%
$106,659
—
2016
$2,534
46%
$106,659
11%
2015
$1,733
—
$96,205
—
2014
$1,739
5%
$96,205
—
2013
$1,652
—
$96,205
—
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 700 Mt Homer Rd
700 Mount Homer Road, Eustis, FL 32726 (MLS# O6166065) is a Lots/Land property with a lot size of 1 acre. 700 Mount Homer Road is currently listed for $395,000 and was received on December 23, 2023. Want to learn more about 700 Mount Homer Road? Do you have questions about finding other Lots/Land real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.