233 East Key Avenue

233 East Key Avenue

Eustis, FL 32726

$1,300,000
Price
—
Beds
7,502 Sq. Ft.
$173 / Sq. Ft.
7,502
Sq. Ft.
$173
per Sq. Ft.
a front view of a house with a porch
a backyard of a house with lots of green space
a view of a house with a yard and sitting area
a aerial view of a house with garden space and sitting area
a view of a house with backyard and porch
a view of a house with a yard and mountain
a view of an entryway with wooden floor and door
a view of entryway with a front door
a view of gallery with wooden floor
a bathroom with a sink and a shower curtain
a hallway with a couch and wooden floor
a kitchen with stainless steel appliances a stove a sink and a refrigerator
a living room with furniture kitchen view and a flat screen tv
a living room with furniture and a flat screen tv
a room with furniture toys and a chandelier
a bedroom with a bed a mirror and desk
a bed sitting in a bedroom next to a window with a flat screen tv
a living room with furniture and a window
a view of a bathroom with a sink
a close view of door space
a view of entryway with workspace
a bedroom with a bed and a dresser
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a room with furniture and a window
a living room with furniture a flat screen tv and a floor to ceiling window
a view of a workspace with furniture and a window
a view of front door
a kitchen with a sink a stove and a refrigerator
a room with gym equipment and a window
a bedroom with a bed and wooden floor
a bedroom with a bed and a flat screen tv
a bathroom with a sink toilet and mirror
a bathroom with a sink toilet and shower
a bedroom with furniture and a wooden floor
a living room with furniture and wooden floor
a bedroom with furniture and a window
a view of a dining room with furniture and a chandelier
a view of closet
a living room with furniture and a fireplace
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a bedroom with furniture and a window
a bedroom with furniture and a chandelier
a kitchen with cabinets a sink and appliances
a view of a city
a view of a with large trees
a view of backyard with swimming pool and seating space
a view of a car parked in front of a building
a view of a patio in front of house

Description

Welcome to your next income-producing gem nestled in the heart of Central Florida! This charming 10-unit, two-story apartment building is an investor's dream come true. Featuring a diverse mix of units including two spacious 2-bedrooms, six cozy 1-bedrooms, and two convenient studios, this property caters to a wide range of tenant needs, ensuring steady occupancy and reliable cash flow. Recent upgrades including a brand new roof and updated gas lines ensure peace of mind for the savvy investor, while...Welcome to your next income-producing gem nestled in the heart of Central Florida! This charming 10-unit, two-story apartment building is an investor's dream come true. Featuring a diverse mix of units including two spacious 2-bedrooms, six cozy 1-bedrooms, and two convenient studios, this property caters to a wide range of tenant needs, ensuring steady occupancy and reliable cash flow. Recent upgrades including a brand new roof and updated gas lines ensure peace of mind for the savvy investor, while each unit boasts its own central HVAC system for maximum comfort year-round. Conveniently located in Eustis, part of the vibrant golden triangle, this property offers easy access to Mount Dora, Tavares, and Downtown Orlando via the new expressway, making it a desirable destination for renters seeking convenience and connectivity. Key Features:

Centrally located with easy access to amenities
Walking distance to Downtown Eustis
Minutes from multiple Publix grocery stores
Close to shopping and dining options
On-site coin-operated laundry for additional revenue
Don't miss out on this lucrative opportunity to own a piece of rapidly growing Eustis, with its 27,000+ residents and booming rental market. Whether you're a seasoned investor or just starting out, this property offers both character and charm alongside solid returns. Schedule your viewing today and unlock the potential of this income-producing asset in the heart of Central Florida! For more information or to schedule a viewing, contact us or your local agent for more information. Please do not disturb our great residents.
  1. Listed by Ryan Benaglio • HICKORY HILL REALTY & MGT INC.
  2. Listed by Lois Benaglio • HICKORY HILL REALTY & MGT INC.

Property Details for 233 East Key Avenue

Subdivision Name
EUSTIS
Township
19
Waterfront
No

Location

Listing Courtesy of HICKORY HILL REALTY & MGT INC., Ryan Benaglio; HICKORY HILL REALTY & MGT INC., Lois Benaglio
Add your commute
LISTING UPDATED: 04/17/2024 07:51 PM

Property Details for 233 East Key Avenue

StatusActive
MLS #G5080862
Days on Market16
Taxes$10,334 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1914
Lot Size0.49 AC / 21,302 SF
CountyLake County

Location

Listing Courtesy of HICKORY HILL REALTY & MGT INC., Ryan Benaglio; HICKORY HILL REALTY & MGT INC., Lois Benaglio
Add your commute

Building Information for 233 East Key Avenue

Stories-Residences1Year Built1914Building Size-Lot Size0.49 AC / 21,302 SF

Payment Calculator

$7,956 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 233 East Key Avenue

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Head west on US-441 N Slight right to merge onto FL-19 N/S Bay St toward Eustis/Umatilla Continue to follow FL-19 N 1.6 mi Continue straight onto Paul Brown Pkwy 0.1 mi Continue onto S Grove St 0.1 mi Turn right onto E Key Ave Destination will be on the left
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 233
  • Street Direction Prefix: E
  • Street Name: KEY
  • Street Suffix: AVENUE
  • State: FL
  • City: EUSTIS
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 086
  • Tax Book Number: 1-79
  • Tax Legal Description: EUSTIS BEG AT A POINT 227.50 FT E OF SW COR OF BLK 86 RUN E 75 FT N 160 FT W 75 FT S 160 FT TO POB FROM SE COR OF BLK 86 RUN N 80 FT W PARALLEL TO THE S LINE OF SAID BLK 86 A DIST OF 200 FT FOR POB RUN N 82.25 FT W 98.50 FT S 82.25 FT TO A POINT THAT IS 80 FT N OF S LINE OF SAID BLK 86 E 98.50 FT TO POB FROM INTERSECTION OF N LINE OF KEY AVE & W LINE OF CENTER STREET RUN W 287 FT FOR POB SAME BEING SE COR OF BLK 86 RUN N 80 FT W 15 FT S 80 FT TO N LINE OF KEY AVE E 15 FT TO POB ALL BEING PART OF BLK 86 PB 1 PG 79 ORB 4148 PG 364
  • Tax Lot: 3
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits
  • Parcel Number: 11-19-26-0100-086-00020
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RT
  • Living Area: 7502
Property and Assessments
  • Year Built Numeric: 1914
  • Flood Zone Code: X
  • Flood Zone Date: 12-18-2012
  • Flood Zone Panel: 12069C0356E
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 26
  • Public Survey Section: 11
  • Dock YN: No
Utilities
  • Sewer: Private Sewer
  • Utilities: Electricity Available
  • Water Source: Public
  • Num Electric Meters: 1.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Stucco
  • Exterior Features: Outbuilding
  • Foundation Details: Basement, Crawlspace
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $119,566
  • Annual Net Income: $91,366.83
  • Est Annual Market Income: $148,800.00
  • Gross Income: $120,600
  • Total Monthly Expenses: $2,436
  • Unit Count: 10
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 750
  • Unit Type Pro Forma 1: 1400
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 750
  • Unit Type Pro Forma 2: 1400
  • Unit Type Type 2: 2 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Garage Spaces 3: 0
  • Unit Type Heated Sq Ft 3: 750
  • Unit Type Pro Forma 3: 1400
  • Unit Type Type 3: 2 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Garage Spaces 4: 0
  • Unit Type Heated Sq Ft 4: 750
  • Unit Type Pro Forma 4: 1200
  • Unit Type Type 4: 1 Bed/1 Bath
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 1
  • Unit Type Garage Spaces 5: 0
  • Unit Type Heated Sq Ft 5: 750
  • Unit Type Pro Forma 5: 1200
  • Unit Type Type 5: 1 Bed/1 Bath
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 1
  • Unit Type Heated Sq Ft 6: 750
  • Unit Type Pro Forma 6: 1200
  • Unit Type Type 6: 1 Bed/1 Bath
Unit 7
  • Unit Type Baths Total 7: 1
  • Unit Type Beds Total 7: 1
  • Unit Type Garage Spaces 7: 0
  • Unit Type Heated Sq Ft 7: 750
  • Unit Type Pro Forma 7: 1200
  • Unit Type Type 7: 1 Bed/1 Bath
Unit 8
  • Unit Type Baths Total 8: 1
  • Unit Type Beds Total 8: 1
  • Unit Type Garage Spaces 8: 0
  • Unit Type Heated Sq Ft 8: 750
  • Unit Type Pro Forma 8: 1200
  • Unit Type Type 8: 1 Bed/1 Bath
Unit 9
  • Unit Type Baths Total 9: 1
  • Unit Type Beds Total 9: 0
  • Unit Type Garage Spaces 9: 0
  • Unit Type Heated Sq Ft 9: 750
  • Unit Type Pro Forma 9: 1000
  • Unit Type Type 9: Studio
Unit 10
  • Unit Type Baths Total 10: 1
  • Unit Type Beds Total 10: 0
  • Unit Type Garage Spaces 10: 0
  • Unit Type Heated Sq Ft 10: 750
  • Unit Type Pro Forma 10: 1000
  • Unit Type Type 10: Studio
Rental
Rental Information
  • Total Actual Rent: $118,200

Property History for 233 East Key Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 233 East Key Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$10,334 ($861 / month)
Home Facts
Baths10Total Finished SqFt7,502 SqFtAbove Grade Finished SqFt7,502 SqFtStories2Lot Size21,302 SqFtStyleMulti-Family Dwelling (2-4)Year Built1914Year Renovated1981CountyLAKEAPN11-19-26-0100-086-00020

Schools near 233 East Key Avenue

This home is within Lake.
Rating
School
Type
Grades
Distance
Eustis Elementary School
Public - PK to 5
Eustis Middle School
Public - 6 to 8
Eustis High School
Public - 9 to 12
Lake Virtual Instruction Course Offerings
Public - K to 12
Rating
School
Distance
Eustis Elementary School
PublicPK to 5

Eustis Middle School
Public6 to 8

Eustis High School
Public9 to 12

Lake Virtual Instruction Course Offerings
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 233 East Key Avenue, Eustis, FL 32726

233 East Key Avenue is a multi-family home for sale in Eustis, FL 32726. This property was listed for sale on April 12, 2024 by HICKORY HILL REALTY & MGT INC., it's currently listed at $1,300,000. It has been on the market for a total of 16 days and was last sold on April 9, 2012. This listing's school district is Lake. Nearby schools include Eustis Elementary School, Eustis Middle School and Eustis High School. 233 East Key Avenue is a 0-bed, 0-bath, 7,502 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HICKORY HILL REALTY & MGT INC., Ryan Benaglio; HICKORY HILL REALTY & MGT INC., Lois Benaglio

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/17/2024 07:51 PM