422 & 426 E CITRUS AVENUE, Eustis, FL 32726

• 13 beds |
• 8 baths |
• 5,203 sqft

Property Description

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 quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes 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.

Listing Status:

Active

Date Added:

February 17, 2026

Data Last Updated:

April 5, 2026 at 8:23PM

Listing Office:

ROCK SPRINGS REALTY, LLC : 877-333-2811

Listing Agent:

Joel Bornstein : 407-252-8092

MLS ID:

G5108356

Interior

• General: Built-in FeaturesCeiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main FloorPrimaryBedroom UpstairsSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s)Window Treatments
• Rooms: Bonus RoomFamily RoomStorage Rooms
• Appliances: Electric Water HeaterGas Water HeaterRangeRange HoodRefrigerator
• Laundry: None
• Flooring: CarpetCeramic TileLaminateLuxury VinylWood
• A/C: Central AirMini-Split Unit(s)
• Heating: CentralElectric

Exterior

• General: Awning(s)LightingSidewalkStorage
• Other Structures: StorageEnclosedFront PorchRear PorchScreenedPatioCovered
• Parking: AssignedGround LevelGuestOpen

Construction

• Roofing: MetalOtherShingle
• Windows: Aluminum FramesBlindsWindow TreatmentsWood Frames
• General: StuccoFrameWood SidingMulti/SplitCrawlspaceSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Lake

Lot

• Zoning: SREUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76 RUN N TO PT 44 FT S OF N LINE OF LOT 4 E 4 FT N 44 FT E 51 FT S TO S LINE LOT 4 W TO POB PB 1 PG 79 ORB 6319 PG 211411-19-26-0100-076-00401

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPublicSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple