Eustis, FL 32726,1505 RUSSELL AVE
Eustis, FL 32726,1505 RUSSELL AVE
Eustis, FL 32726,1505 RUSSELL AVE
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Katie Lambert & Freddie Tan

Katie Lambert & Freddie Tan

+1(407) 908-2525
$449,800
Est. payment /mo
3.18 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

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


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Stellar MLS
Listed by Matt White SLOANE REALTY, LLC

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Katie Lambert & Freddie Tan
Katie Lambert & Freddie Tan

Sales Professionals

+1(407) 908-2525 | katielambert1978@gmail.com

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