2979 S GROVE ST — photo 1
2979 S GROVE ST — photo 2
2979 S GROVE ST — photo 3

$280,000

2979 S GROVE ST, EUSTIS, FL 32726
Active
2
Beds
1
Baths
1,936
Sqft
1935
Year built
$145
$/sqft

Property details

Type Residential
MLS # MFR800277918
Listed Jul 9, 2026
Days on market 65
HOA No
Pool No
County Lake
Data source Stellar MLS

About this home

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.

Keep exploring

Talk to the human who knows the house. Imagine that.

No spam. This goes straight to the home’s actual representative.

Create a free account to save this home and get alerts.

Data source

Stellar MLS

MLS #MFR800277918

Compare
+ Drag a home here to compare specs
+ Drag a home here to compare specs
+ Drag a home here to compare specs
Compare