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Property for sale at 2979 S GROVE STREET, EUSTIS, FL, 32726
Property for sale at 2979 S GROVE STREET, EUSTIS, FL, 32726
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2979 S Grove StreetEustis, FL, 32726

2beds
1baths
1,400sqft
Single Family Residence
Built in 1935
$270,000
For sale
$280,000−$10,000 (4%)Reduced Oct 1, 2026
Price per sqft
$193
Days on market
97
Listed
Jul 17
MLS #O6425935Updated Oct 1, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
2979 S Grove Street
City
Eustis
State
FL
ZIP code
32726
Year built
1935
New construction
No
Faces
Northwest
Rooms
3
Building stories
2
Living area
1,400 sqft
Total building area
1,936 sqft
Levels
Two
Property condition
Fixer

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $10,000 (3.6%) since first listed.

EventPrice
Price reducedMLS #O6425935$270,000Change: −3.6%−$10,000
Listed for saleMLS #O6425935$280,000
History may be incomplete.
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Location

Property for sale at 2979 S GROVE STREET, EUSTIS, FL, 32726
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