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1305 E Orange Ave

3.3 Acres of Residential Land Offered at $1,003,024 CAD in Eustis, FL 32726

INVESTMENT HIGHLIGHTS

  • Frontage on Main Drive
  • FLexible Zoning
  • Opportunity Zone and Community Redevelopment Area

EXECUTIVE SUMMARY

Seller Financing Available
In Opportunity Zone with Major Tax
Incentives Available - Opportunity
Zone Info
• In Downtown Eustis Community
Redevelopment Area – Eligible for up
to $60,000 in Incentives from City -
Eustis Business Incentives
• Major Growth Area – Multiple New
Development Projects Nearby

PROPERTY FACTS

Price $1,003,024 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
Total Lot Size 3.30 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $1,003,024 CAD
Price Per AC $303,946.67 CAD
Lot Size 3.30 AC

3.3 Acres – All high and Dry – Clear and level property • Residential – Townhome – Multi Family – Mixed Use – Commercial – Office – ' Retail Desirable MCR zoning allows Commercial, Residential, Mixed Use and More Residential Density 12 DU/Acre

DESCRIPTION

• 3.3 Acres – All high and Dry – Clear and level property • Residential – Townhome – Multi Family – Mixed Use – Commercial – Office – Retail • Desirable MCR zoning allows Commercial, Residential, Mixed Use and More • Residential Density 12 DU/Acre – Commercial Density 0.35 FAR • All High and Dry – Mostly Cleared and Leveled Property • Curb Cut and Cross Walk on E Orange Ave • Utilities to Site • Adjacent to Apartments, Office and Retail (Family Dollar) • 150’ of Frontage on E Orange Ave – The Main Road into Historic Downtown Eustis 10,500 AADT • 330’ of Frontage on E McDonald Ave with Additional Access Point from Magnolia Ave • In Opportunity Zone with Major Tax Incentives Available - Opportunity Zone Info • In Downtown Eustis Community Redevelopment Area – Eligible for up to $60,000 in Incentives from City - Eustis Business Incentives • Major Growth Area – Multiple New Development Projects Nearby • Nearby Shopping, Dining and Entertainment • 4,500’ to Lake Eustis Waterfront Area including Lake Front Parks, Community E MacDonald Ave Rec Center, Dock, Boat Ramp, Marina and Lakefront Dining Options • Lake Harris Chain of Lakes with 8 Connected Lakes, 7 Rivers and Canals including some of Florida’s Largest Lakes. Award winning Bass Fishing and Water Sports • 40 Minutes to Downtown Orlando, FL • Less than an Hour to Disney World and numerous other World Famous Resorts and Attractions • Multiple Beaches within an hour including Daytona, Beach ‘The World’s Most Famous Beach’

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-19-26-0002-000-05600
Land Assessment
$413,910 CAD
Improvements Assessment
$0 CAD
Total Assessment
$413,910 CAD

ZONING

Zoning Code MCR (MCR Allows Commercial or 12 DU/Acre residential)
MCR (MCR Allows Commercial or 12 DU/Acre residential)
  • Listing ID: 25674676

  • Date on Market: 2022-05-10

  • Last Updated:

  • Address: 1305 E Orange Ave, Eustis, FL 32726

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