Eustis, FL 32726,1505 RUSSELL AVE
Eustis, FL 32726,1505 RUSSELL AVE
Eustis, FL 32726,1505 RUSSELL AVE
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Listed by SLOANE REALTY, LLC
$ 499,800
Est. payment | /mo

3.18 Acres Lot


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$ 499,800
Est. payment | /mo
Save

3.18 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Eustis Taylors Sub

MLS Listing ID O6343741

HOA Y/N No

Annual Tax Amount $2,007

Lot Size 3.180 Acres

Acres 3.18

Lot Dimensions 450 x 309

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

****Potential to build up to 38 units***3.18 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development. Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools Development Standards: Maximum Density: 12 units per acre Maximum Height: • 35' – Single-Family • 45' – Multi-Family Incentives & Density Bonuses: Developers can unlock 5–15% additional density by incorporating: Affordable Housing • At least 20% of units affordable to households earning <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income Green Building & Energy Efficiency • Additional bonuses available for sustainable design and certification Manufactured Housing Provisions: Residential units manufactured off-site are permitted if they: Meet all federal & state construction standards Are permanently attached to foundations Comply with all lot, yard, and land development regulations

Location

State FL

County Lake

Community Eustis Taylors Sub

Area 32726 - Eustis

Zoning UR

Exterior

Utilities Available Public

Building

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Renor John Bautista

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(352) 396-6123

rjrealtorfl@gmail.com

1400 S International Pkwy #1020, Lake Mary, FL, 32746, USA

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1505 RUSSELL AVE