1601 S Bay STREET, Eustis, FL, 32726 | $800,000

For sale: A versatile property at 2346 Griffith, located in the heart of Eustis, Florida—one of Lake County’s fastest-growing and most picturesque waterfront communities. This prime location boasts exceptional visibility along the heavily trafficked Highway 19 N, making it an ideal site for a variety of uses. Key features include: Three bathrooms, one featuring a walk-in shower. A fully equipped laundry room with a washer, dryer, utility sink, and ample storage. A functional kitchen ready for immediate use. A large outdoor playground with commercial-grade equipment included in the sale. Expansion potential, with ample space for additional buildings or facilities. A 30x15 air-conditioned storage shed, complete with electricity and outdoor lighting, perfect for storage or office use. This property is currently licensed for up to 47 youngsters, making it an excellent choice for childcare or preschool operations, with room to expand its licensing capacity. It also offers incredible flexibility for other purposes, such as medical offices, a group home, or multi-use office spaces. Please note, the childcare business itself is not included in the sale. This property is a unique opportunity in a growing area with boundless potential.

Features

  • Property Type: Mixed Use
  • Construction: Block, Brick
  • Levels: 1
  • Cooling: Central Air
  • Year Built: 1954
  • Approx Sq. Feet: 2,296
  • Acreage: 0.38
  • Est. Taxes: $4,757
  • MLS#: O6262446
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/O6262446/1601sbaystreet_eustis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/11/2024 9:06:20 PM)
Listing courtesy of PRESTIGE REALTY CONSULTANTS INC   Phone: 407-625-8668

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1601 S Bay STREET, Eustis, FL, 32726

$800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $640,000 $640,000 $640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $396 $396 $396
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,151 $4,098 $5,315
Total Monthly Payment $4,639 $4,586 $5,803

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.