4 months on rocket

700 Mount Homer Rd, Eustis, FL, 32726

$395,000

1.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O6230070
Lot Size1.00 Acres
StatusActive

About 700 Mount Homer Rd

Prime Investment Opportunity: Build 12 Apartments on this Fully-Entitled, Shovel ready - WITH DEVELOPMENT PLANS READY- Vacant Lot. *A Full Set of Architecturals would be at an additional cost. **Elevations available to view for serious inquiries. This vacant lot, strategically positioned in a rapidly growing area, presents a golden chance for investors and developers alike. Seize the moment to construct 12 modern apartments, tapping into the escalating demand for quality housing. Key Features: *Strategic Location: Nestled in a thriving and dynamic neighborhood, this lot is situated in close proximity to major amenities, commercial hubs, and transportation networks. Take advantage of the area's growth and be part of a community on the rise. *Development Potential: Zoned for residential development, this lot provides the canvas for a 12 unit apartment complex. Unlock the potential for a profitable return on investment by meeting the rising demand for housing in this burgeoning locale. *Investment Advantage: Capitalize on the increasing demand for quality living spaces in the vicinity. *Convenient Access: Enjoy the convenience of easy access to major roads, public transportation, and essential services. Enhance the desirability of your future apartments with the allure of a well-connected and accessible location. *Nearby Amenities: Benefit from close proximity to shopping centers, educational institutions, recreational facilities, and dining options. Your future tenants will appreciate the convenience of a vibrant and well-serviced neighborhood. *Investor's Dream: Whether you're an experienced developer or a savvy investor, this vacant lot offers an unparalleled opportunity to capitalize on the growth potential of the area. Don't miss out on this chance! Act now and turn this blank canvas into a profitable venture!

Property Details

Property Features

Listing Office:

  • Office Name: SIM REI
  • Office Phone: (352) 508-5870
  • Listing Agent: Wesley Owen

Virtual/3D Tour

  • Virtual Tour: 700 Mount Homer Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Other

Directions Information:

  • Directions: Going N on 441, Turn Right on Dillard Road, Turn Right on Mt Homer, Property on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000

Tax Information:

  • Annual Amount: $2,502
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Eustis, FL.

Med. Sold Price

$355.6K

Med. Price/SqFt

$208

Avg. Days On Market

63

# of Sold Homes

48

700 Mount Homer Rd vs Eustis

133 DAYS ON ROCKET

+70 Days

$395,000

+$39.3K More

KEY TAKEAWAY

This property is $39.3K more than the Median Sold Price in Eustis, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6230070

Listing Office:

  • Office Name: SIM REI
  • Office Phone: (352) 508-5870
  • Listing Agent: Wesley Owen

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2020Home Sold
$1,400,000
Apr 06, 2016Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,502$117,190
2019$2,498$115,371
2018$2,279$106,659
2017$2,287$106,659

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4437559
3
/10
  • Eustis Heights Elementary School

  • 310 W Taylor Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-4437560
2
/10
  • Triangle Elementary School

  • 1707 Eudora Rd

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-4437561
3
/10
  • Eustis Elementary School

  • 714 E Citrus Ave

  • 1.83 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,892. The majority of Eustis, FL residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Mount Homer Rd

What is the listing price of this property?

The listing price of 700 Mount Homer Rd property is $395,000.

What type of property is this?

The property 700 Mount Homer Rd is land located in Eustis, Florida, 32726.

Is this property for sale now?

Active Listing: 700 Mount Homer Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,502 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 19, 2020 for $1,400,000. (source: MLS/tax record).

How much acreage is this property?

The property 700 Mount Homer Rd is 1.00 acres.
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Rocket HomesFloridaLake CountyEustis32726700 Mount Homer Rd

This home is located at 700 Mount Homer Rd in Eustis, FL and zip code 32726. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $395,000.

While more than 6 listings in Eustis, FL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 39 were sold below. The inventory of homes for sale in Eustis, FL between October 2024 and November 2024 increased by 1.3%. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $355,637.

From Rocket Homes Real Estate and based on county public records data.

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