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903 N Bay St N Bay Street

Eustis, FL 32726
  • $529,000
  • STATUS: Active
  • ON SITE: 178 days
  • MLS #: G5035788
UPDATED: 75 min ago
$529,000
  • 3
    BEDS
  • 0.27
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 3,752
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1985
County:
Area:

School Information

Middle School:
High School:

Description

What a great home investment opportunity!!! Start your new life in this adorable home in a peaceful small town that is close to everything BIG in Central Florida!!! This property was originally a 3 bedroom personal home. In the mid 1980's the original owner added a 2,050 square foot upscale dress shop on the side of it with a seamless Spanish Style Stucco Block Exterior. The original house was built in the 50's and has been completely updated & is super cute. It even has added modern stained glass. The dress shop side was built in the mid 1980's & has also had extensive updating with access through the interior of the house and would make a great residential space with the right furniture design placement. If you are looking for a place to live and work, live and rent, or retire and piddle with a side business you have always wanted to do this is the place for you. This home has a mixed use zoning designation & can be residential, commercial, transitional or a combination of all. If you just want a great rental with lots of possibilities this could be a serious cash cow! The current original house side is currently being rented furnished averaging $2500 per month and can be continued or discontinued. The other side could rent right now with no changes for around $3500 per month. The entire property could be converted into more living space for additional furnished rentals & could bring in as much as $10k per month with the right marketing & management. House is 1 block from Lake Eustis and a boat dock to the Chain of Lakes in the quaint downtown. It is close to everything a home owner could want including restaurants & shops you can easily walk to and all other amenities one would need within a one mile radius. Waterfront Park is 3 blocks away and is a great place to walk with your love or sweet dog and enjoy great sunsets, wildlife, & festivals. Improvements Include: New Roofs on entire property, new interior & exterior painting, new awnings, new interior/exterior lights & ceiling fans, new drywall & spray texture, kitchen & bathrooms remodeled, new insulation on house side, electric updates, new wood trim, all new landscaping, newer wooden fence around great outdoor garden, new soffitt in rear of building, added stained glass, and more. Home has adorable gas fireplace & charming built in bookshelves. There is also plenty of parking & a great laundry/outside concrete building in awesome garden area with plumbing for new updated bathroom. Garden area also has multiple seating areas & plenty of room to grill with friends or add a fire feature. Local General Contractor estimates that this property would cost about 1.2 million to recreate today with current building prices, cost of 1/4 acre lot, architectural plans, govt permitting and fees, landscaping, parking, & cost of money to build.Come check it out today. Home is about 1 hour from all Disney attractions, 20 minutes to an hour from loads of freshwater springs & lakes, 20 minutes from the Ocala National Forest, 1 hour from Daytona Beach on the east coast, and 1 & 1/2 hours from beaches on the Gulf of Mexico on the West Coast. 4 major airports are within 60-90 minutes; Orlando, Tampa, Daytona, & Sanford International so all your friends can easily come & visit your from further north. House is 30 Minutes from the Villages Retirement Community as well. Eustis Sailing Club is 1/4 mile away as well as New 16 Million + Proposed Sailing Complex. See you soon!

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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; 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. Data last updated 2021-06-12T21:39:51.89.
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903 N Bay St N Bay Street Eustis, FL 32726

  • Price: $529,000
  • Status: Active
  • Updated: 75 min ago
  • MLS #: G5035788
3
Beds
2
Baths
2
½ Baths
0.27
Acres
3,752
SQFT
$141
$/SQFT
1985
Built
Neighborhood:
Eustis Northshore
County:
Lake
Area:
Eustis
Middle School:
Eustis Middle
High School:
Eustis High School
Property Description
What a great home investment opportunity!!! Start your new life in this adorable home in a peaceful small town that is close to everything BIG in Central Florida!!! This property was originally a 3 bedroom personal home. In the mid 1980's the original owner added a 2,050 square foot upscale dress shop on the side of it with a seamless Spanish Style Stucco Block Exterior. The original house was built in the 50's and has been completely updated & is super cute. It even has added modern stained glass. The dress shop side was built in the mid 1980's & has also had extensive updating with access through the interior of the house and would make a great residential space with the right furniture design placement. If you are looking for a place to live and work, live and rent, or retire and piddle with a side business you have always wanted to do this is the place for you. This home has a mixed use zoning designation & can be residential, commercial, transitional or a combination of all. If you just want a great rental with lots of possibilities this could be a serious cash cow! The current original house side is currently being rented furnished averaging $2500 per month and can be continued or discontinued. The other side could rent right now with no changes for around $3500 per month. The entire property could be converted into more living space for additional furnished rentals & could bring in as much as $10k per month with the right marketing & management. House is 1 block from Lake Eustis and a boat dock to the Chain of Lakes in the quaint downtown. It is close to everything a home owner could want including restaurants & shops you can easily walk to and all other amenities one would need within a one mile radius. Waterfront Park is 3 blocks away and is a great place to walk with your love or sweet dog and enjoy great sunsets, wildlife, & festivals. Improvements Include: New Roofs on entire property, new interior & exterior painting, new awnings, new interior/exterior lights & ceiling fans, new drywall & spray texture, kitchen & bathrooms remodeled, new insulation on house side, electric updates, new wood trim, all new landscaping, newer wooden fence around great outdoor garden, new soffitt in rear of building, added stained glass, and more. Home has adorable gas fireplace & charming built in bookshelves. There is also plenty of parking & a great laundry/outside concrete building in awesome garden area with plumbing for new updated bathroom. Garden area also has multiple seating areas & plenty of room to grill with friends or add a fire feature. Local General Contractor estimates that this property would cost about 1.2 million to recreate today with current building prices, cost of 1/4 acre lot, architectural plans, govt permitting and fees, landscaping, parking, & cost of money to build.Come check it out today. Home is about 1 hour from all Disney attractions, 20 minutes to an hour from loads of freshwater springs & lakes, 20 minutes from the Ocala National Forest, 1 hour from Daytona Beach on the east coast, and 1 & 1/2 hours from beaches on the Gulf of Mexico on the West Coast. 4 major airports are within 60-90 minutes; Orlando, Tampa, Daytona, & Sanford International so all your friends can easily come & visit your from further north. House is 30 Minutes from the Villages Retirement Community as well. Eustis Sailing Club is 1/4 mile away as well as New 16 Million + Proposed Sailing Complex. See you soon!
Exterior Features

Additional Water Information This Property is One Block From Lake Eustis And Can Be Seen From The Front Yard. It is Also 1 Block From A Public Boat Dock To Canal To Go into Lake Eustis Or Trout Lake For Great FishingAnimal/Bird WatchingJet SkiingOther Water Sports& Sunsets. Architectural Style Spanish/Mediterranean Carport Yn No Construction Materials BlockStucco Direction Faces West Exterior Features Awning(S)FencedLightingSidewalkSliding DoorsStorage Fencing Wood Foundation Details CrawlspaceSlab Lot Features Corner LotIn City LimitsLevel/FlatNear Public TransitSidewalkStreet Paved Other Structures OtherShed(S)Storage Parking Features DrivewayGuestOff StreetOther Patio And Porch Features CoveredPatioRear Porch Pool Private Yn No Roof OtherShingle View CityGardenWater Water Access Yn No Water Body Name Lake Eustis Water Extras Yn No Water View Lake - Chain Of Lakes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Accessibility Features Accessible Approach With Ramp Additional Rooms AtticDen/Library/Office Appliances DishwasherDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasher Cooling Central Air Fireplace Yn Yes Flooring CarpetCeramic TileOtherWood Heating Central Interior Features Built in FeaturesCeiling Fans(S)Eating Space In KitchenHigh Ceiling(S)OtherSolid Wood CabinetsWindow Treatments Laundry Features Other Levels One Room Count 11 Rooms Living Room (Other Specify In Remarks) Bathroom 1 (Built-In ShelvingCeiling Fan(s)) Bathroom 2 (Ceiling Fan(s)) Master Bedroom (Walk-In Closet(s)) Kitchen (Ceiling Fan(s)Closet Pantry) Florida Room (Other Specify In Remarks) Family Room (Built-In Shelving) Office (Bidet) Workshop Utility Room Laundry Sewer Public Sewer Water Source Public

Property Features

Additional Parcels Yn No Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Lead Paint DPR Yes Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventionalOtherPrivate Financing AvailableVa Loan Minimum Lease No Minimum New Construction Yn No Property Condition Completed Property Sub Type Single Family Residence Realtor Info List Agent is OwnerOwner Will Assist With Closing CostsShort Term Rental AllowedSignSold As-IsSurvey AvailableTitle Insurance Security Features Fire AlarmSecurity SystemSmoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3463.15 Tax Year 2020 Utilities Cable ConnectedElectricity ConnectedFire HydrantNatural Gas AvailablePhone AvailablePublicSewer ConnectedStreet LightsWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Rt


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Preferred Realty Management Gr.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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; 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. Data last updated 2021-06-12T21:39:51.89.
 
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