Palmetto Street

Eustis, FL 32726

$599,000
Price
1,168,279 / 26.82
Lot Size / Acres

Description

This property offers a generous 26-plus 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,...This property offers a generous 26-plus 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, and 1193516. 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.
  1. Listed by Ron Roberts, Jr • TOWERSIDE REALTY INC
  2. Listed by Jennifer Roberts • TOWERSIDE REALTY INC

Property Details for Palmetto Street

Township
19
Waterfront
No

Location

Listing Courtesy of TOWERSIDE REALTY INC, Ron Roberts, Jr; TOWERSIDE REALTY INC, Jennifer Roberts
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LISTING UPDATED: 03/30/2024 08:30 AM

Property Details for Palmetto Street

StatusActive
MLS #O6135137
Days on Market225
Taxes$2,092 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size26.82 AC
CountyLake County

Location

Listing Courtesy of TOWERSIDE REALTY INC, Ron Roberts, Jr; TOWERSIDE REALTY INC, Jennifer Roberts
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Building Information for Palmetto Street

Lot Size26.82 AC

Payment Calculator

$3,443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$174

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Palmetto Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • Street Name: PALMETTO
  • Street Suffix: STREET
  • State: FL
  • City: EUSTIS
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 2-20
  • Tax 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
  • Tax Lot: 17
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 193532, 3862860, 1193516
  • Additional Parcels: Yes
  • Current Use: Mixed Use
  • Lot Size Dimensions: 1445x680x1524x1300
  • Parcel Number: 01-19-26-0200-000-01700
  • Total Acreage: 20 to less than 50
  • Water Access: No
  • Water Extras: No
  • Zoning: RP
  • Lot Dimensions: 1445x680x1524x1300
Property and Assessments
  • Flood Zone Code: X, A
  • Flood Zone Date: 12-18-2012
  • Flood Zone Panel: 12069C0356E
  • Number Of Lots: 4
  • Public Survey Range: 26
  • Public Survey Section: 01
Utilities
  • Sewer: None
  • Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Front Footage: 1445
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
Rental
Rental Information
  • Pets Allowed: Yes

Property History for Palmetto Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Palmetto Street

This home is within Lake.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Eustis Heights Elementary School
PublicPK to 5

Eustis Middle School
Public6 to 8

Eustis High School
Public9 to 12

Alee Academy Charter School
Charter9 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.

Similar Homes

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Palmetto Street is a 26.82 ac of land for sale in Eustis, FL 32726. This property was listed for sale on August 18, 2023 by TOWERSIDE REALTY INC, it's currently listed at $599,000. It has been on the market for a total of 225 days and was last sold on May 28, 2020. This listing's school district is Lake. Nearby schools include Eustis Heights Elementary School, Eustis Middle School and Eustis High School. Palmetto Street is a 0-bed, 0-bath, 26.82 ac of land on a 1,168,279 sq. ft. / 26.82 acres lot.

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 TOWERSIDE REALTY INC, Ron Roberts, Jr; TOWERSIDE REALTY INC, Jennifer Roberts

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: 03/30/2024 08:30 AM