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Key Details
Sold Price $538,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,705 sqft
Price per Sqft $198
Subdivision Eustis Idlewild Heights
MLS Listing ID O6433064
Sold Date 10/30/26
Bedrooms 6
HOA Y/N No
Year Built 2022
Annual Tax Amount $5,176
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 95x130
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Excellent investment opportunity featuring two newer-construction single-family homes, both currently tenant-occupied and producing immediate rental income. Please do not disturb the tenants.
The first home was built in 2022 and is currently leased for $2,400 per month, with the lease expiring August 31, 2026. The second home was built in 2023 and is currently leased for $2,430 per month, with the lease expiring July 31, 2026. Both tenants have occupied their respective homes since construction was completed, providing a strong history of long-term occupancy.
The homes feature attractive modern finishes, including wood-look tile flooring, quartz countertops, stainless steel appliances, tray ceilings, and spacious open-concept living areas. These newer homes combine stylish design with durable, low-maintenance finishes that appeal to both tenants and investors.
Together, the properties generate $4,830 per month in gross rental income, or $57,960 annually at the current lease rates. The seller prefers to sell both properties together as a package, offering an excellent opportunity to acquire two stabilized rentals at once, but may consider selling the homes individually.
With newer construction, established tenants, similar finishes and locations, and upcoming lease flexibility, this is an attractive opportunity for an investor seeking dependable rental income with long-term upside.
Location
State FL
County Lake
Community Eustis Idlewild Heights
Area 32726 - Eustis
Zoning SR
Interior
Interior Features Open Floorplan, Tray Ceiling(s)
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Other
Garage Spaces 1.0
Utilities Available Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Khadija Webber
Professional Real Estate Agent License ID: 3268094
Professional Real Estate Agent License ID: 3268094

