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422 & 426 E CITRUS AVENUE
EUSTIS FL 32726 US

$980,000

Active Listing ID G5108382
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Lot: 0.62 Acres
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$980,000

Active Listing ID G5108382
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422 & 426 E CITRUS AVENUE ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97, 000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a blended 6.64% CAP-RATE. These two separate quad-plex buildings sits on .62 acres (115'x 232') with "NO HOA" and feature a combined heated 5, 203 s/f and total size of 5, 797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.

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Property Features

  • Facts
  • Lot Size: 0.62 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Ductless, Multi Units
  • Exterior Finish: Paved
  • Floor Covering: Carpet, Laminate, Tile, Tile - Ceramic, Vinyl
  • Roof Type: Metal, Shingle
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 980000
  • unparsedaddress: 422 & 426 E CITRUS AVENUE
  • postalcity: EUSTIS
  • stateorprovince: FL
  • country: US
  • postalcode: 32726
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.62
  • lotsizeunits: Acres
  • lotsizearea: 0.62
  • livingarea: 5203
  • livingareaunits: Square Feet
  • latitude: 28.851437
  • longitude: -81.680758
  • listagentfullname: Joel Bornstein
  • listagentemail: joe@rockspringsrealty.net
  • listagentkey: 3yd-MFRMLSFL-260502009
  • listagentmlsid: 260502009
  • listagentpreferredphone: 8773332811
  • listagentofficephone: 8773332811
  • listofficekey: 3yd-MFRMLSFL-260502668
  • listagentstatelicense: 3211229
  • listofficemlsid: 260502668
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1925
  • listingcontractdate: 2026-02-17
  • listagenturl: http://www.rockspringsrealty.net
  • countyorparish: Lake
  • parcelnumber: 11-19-26-0100-076-00401
  • appliances: Refrigerator
  • cooling: Central Air, Ductless, Multi Units
  • constructionmaterials: Frame, Stucco, Wood Siding
  • flooring: Carpet, Laminate, Tile, Tile - Ceramic, Vinyl
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal, Shingle
  • waterfrontyn: False
  • exteriorfeatures: Paved
  • architecturalstyle: Other
  • securityfeatures: Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.680756, 28.851437
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Rock Springs Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"joe@rockspringsrealty.net", "ListBrokerageCity":"Apopka", "ListBrokerageCountry":"US", "ListBrokerageEmail":"joe@rockspringsrealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/8a87ad71288011e482e722000a09a4f4/20140822005827403.png", "ListBrokerageName":"Rock Springs Realty, LLC", "ListBrokeragePhone":"877-333-2811", "ListBrokeragePostalCode":"32712", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3780 Rochelle Lane", "ListBrokerageWebsiteUrl":"http://www.rockspringsrealty.net", "ListOfficeAddress1":"3780 Rochelle Lane", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Apopka", "ListOfficeCountry":"US", "ListOfficeEmail":"joe@rockspringsrealty.com", "ListOfficePostalCode":"32712", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family 5+ - EUSTIS, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/G5108382/?channel=rexren", "MLSModificationTimestamp":"2026-02-19T10:43:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi-Family 5+", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7560, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/19/2026 5:39:29 PM GMT
Source Updated Date: 2/19/2026 6:51:55 PM GMT

Courtesy of: Joel Bornstein, ROCK SPRINGS REALTY, LLC, joe@rockspringsrealty.net

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.