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$385,000 Just Listed
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Property Description
A rare opportunity to own a piece of local history! Formerly the community's beloved barbecue destination, this iconic BBQ restaurant served generations of loyal customers and was known for its walk-up service window, authentic smoked meats, and hometown charm. Situated on 3 PARCELS totaling approximately 5 ACRES, this unique property is perfectly positioned on the corner of Palmetto Street and E. Bates Avenue. The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00012, 12-19-26-3100-00D-00000
Full Property Details
Full Property Details for Palmetto St
General
- Price: $385,000
- Taxes: $184 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: G5112940
- Updated: 6/2/2026
- Added to Site: 1 day(s) ago
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: EUSTIS HOGANS SUB
- Driving Directions: From E. Orange Ave, turn North onto Glover St., turn West onto Bates Ave, property is on the corner of E. Bates Ave AND Palmetto St.
Community
- Community Name: 32726 - Eustis
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,246
- Lot Size: 5246
- Lot Dimensions: 162 x 145 x 74
- Frontage: Street Paved, City Street
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $3,208,333
- Tax Amount: $184
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: EUSTIS HOGAN'S SUB N 118 FT BLK E PB 2 PG 33 ORB 3075 PG 1221 ORB 6479 PG 219
- Flood Zone Info: X
- APN: 121926130000E00000
- Property ID: 121926130000E00000
- Block/Lot/Section: 00E
Listed by Re/Max Premier Realty
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Price & Sales History for Palmetto St
Date
Details
Price
Change
Source
6/01/2026
Listed
$385,000
—
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 Palmetto St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$130
5%
$10,826
—
2023
$124
63%
$10,826
150%
2021
$76
-5%
$4,331
—
2022
$80
5%
$4,330
1%
2021
$76
38%
$4,290
67%
2018
$55
—
$2,574
—
2017
$55
-23%
$2,574
-9%
2019
$71
27%
$2,831
10%
2016
$56
-2%
$2,574
—
2015
$57
-2%
$2,574
—
2014
$58
4%
$2,574
—
2013
$56
—
$2,574
—
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 Palmetto St
Palmetto Street, Eustis, FL 32726 (MLS# G5112940) is a Lots/Land property with a lot size of 0.12 acres. Palmetto Street is currently listed for $385,000 and was received on June 01, 2026. 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.

