Palmetto Street, Eustis, FL 32726 - Photo 1

1/1

$500,000

Sold
Closed
Lots/Land
24.78 Acres

1/1

Property Description

This property offers a generous 24+ acres featuring a blend of residential and Mixed Commercial Residential zoning. With the potential for up to 12 dwellings per acre, the opportunities are extensive. Options include constructing 20 duplexes, 20 single-family homes, or 40 townhouses, or a combination of these along the county-maintained road frontage. Alternatively, you may explore alternative ventures such as self-storage, mixed-use developments, apartments, or a combination of townhouses, duplexes, and single-family homes. The choice is yours to build your dream home or pursue a variety of development possibilities. City water and sewer connections are readily available. This offering encompasses four parcels with Alt Key numbers 1193770, 1193532, 3862860. Please be considerate and refrain from disturbing 1029 Palmetto Street, as it is not part of this listing. The potential here is virtually limitless. Seller will sell the MCR 17.60 acres seperatly.

Full Property Details

Full Property Details for Palmetto St

General

Sold For: $500,000
Taxes: $2,092 (2023)
Status: Closed
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: O6135137
Added to Site: 930 day(s) ago

Location

Area: 32726 - Eustis
County: Lake
Development Name: 32726 - Eustis
Driving Directions: SR - 19 N take slight left onto Lake Eustis Dr turn left onto S Eustis St turn right onto E Orange Ave turn left onto Kensington St then merge to Palmetto St

Community

Community Name: 32726 - Eustis

Utilities

Sewer: None
Water: None
Utility Description: Electrical Nearby, Sewer Nearby, Water Nearby

Structural Information

Current Bldg. Use: Mixed Use

Lot Features

Lot Size (Acres): 24.78
Lot Size (Sq. Ft.): 1,168,279
Lot Size: 26.82
Lot Dimensions: 1445 x 680 x 1524 x 1300
Frontage: County Road
Street/Road Desc.: Asphalt, Dirt

Financial Considerations

Price Per Acre: $20,178
Tax Amount: $2,092
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: HAZZARD'S HOMESTEAD LOT 17 E OF LINE BEGINNING 1391.94 FT E OF NW COR OF LOT 17, RUNNING S 46DEG 32MIN W 97.68 FT, S 2DEG 30MIN E 211.2 FT, S 21DEG 58MIN W 51.48 FT, S 35DEG 17MIN W 1143.78 FT TO S LINE OF LOT 17 *UNRECORDED PLAT SEE DEED FOR FULL PR OPERTY DESCRIPTION ORB 5339 PG 1420. See attached for full legal descriptions
Flood Zone Info: X, A
APN: 11926020000001700
Property ID: 11926020000001700

Listed by Towerside Realty Inc
Sold by Lpt Realty

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Listing agents

— Palmetto St —

Towerside Realty Inc
Towerside Realty Inc

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Price & Sales History for Palmetto St

Date

Details

Price

Change

Source

2/24/2025

Sold

$500,000

-9.09%

MLS

8/27/2024

Price Reduced

$550,000

-8.18%

MLS

8/18/2023

Listed

$599,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Beds
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Beds
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Sq. Ft.

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Palmetto Street, Eustis, FL 32726 (MLS# O6135137) is a Lots/Land property that was sold at $500,000 on February 24, 2025. Want to learn more about Palmetto Street? 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.

Palmetto St Eustis, FL 32726