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Cooper HomeFront Realty
503 Palmetto Street, Eustis, FL 32726
- $350,000
- 807
- SqFt
- List Price
- $350,000
- Status
- Active
- Days on Market
- 141
- Price Change
- ▼ $35,000 1786134152
- MLS#
- G5112936
- Property Style
- Restaurant
- Year Built
- 1970
- Living Area
- 807
- Lot Size
- 6,717
- Acres
- 0.15
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Eustis Hogans Sub
- MLS Area Major
- Eustis
Property Description
INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000 Call me today for your private tour! .
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Additional Information
- Taxes Annual
- $1826
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- MCR
- Floor
- Concrete, Tile
- Utilities
- Electricity Available, Water Connected
- Heating
- Natural Gas
- Air Conditioning
- None
- Exterior Construction
- Block
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Ground Level
- Flood Zone Code
- X
- Parcel ID
- 12-19-26-1300-00E-00012
- Legal Description
- EUSTIS HOGAN'S SUB FROM SE COR BLK E RUN N ALONG E LINE OF SAID BLK E 723.09 FT FOR POB CONT N ALONG SAME LINE 92.01 FT TO A POINT THAT IS 120.81 FT S OF MOST N'LY COR BLK E W 60.4 FT TO NW'LY LINE BLK E SW'LY ALONG NW'LY LINE BLK E 55.78 FT S 63DEG 54MIN 30SEC E 52.5 FT S 3 FT S 63DEG 54MIN 30SEC E TO E LINE BLK E N TO POB PB 2 PG 33 ORB 773 PG 2459
Listing courtesy of RE/MAX PREMIER REALTY. 352-735-4060
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Your home's value depends on more than an automated estimate. Recent sales, current competition, property condition, location, neighborhood activity and competing new construction can all influence what buyers may be willing to pay.
Use the home valuation tool above for an initial estimate. If you're considering selling, Cooper HomeFront Realty can also provide a more detailed market analysis based on your specific property and current local market conditions.
Serving homeowners throughout Clermont, Minneola, Groveland, Winter Garden, Mascotte and surrounding Central Florida communities.
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