by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Eustis 32726 Bright Water Place
1973 Morritts COURT
$500,000
● House - Off Market

1973 Morritts COURT

EUSTIS, FL 32726
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,225 Ft²
$505,695
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Capture the water view of Lake Eustis from the 2,225 sq. ft 4 bedroom 2 bath home in Bright Water Place. This open kitchen comes equipped with stainless appliances. The living room French doors lead to a large covered patio.  This home was built in 2019. Come see for yourself...this house has been meticulously maintained--it feels brand new! A home of this quality and location rarely becomes available in this desirable waterfront community with private community dock. Schedule your private showing today!
Unit Size
2,225 Ft²
Days on Market
69 days
Land Size
0.41 acres
Price per sqft
$225
Property Type
House
Property Taxes
$197
HOA Dues
$29
Year Built
2019

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #G5054485)

Price History

Date / Event Date Event Price
Jul 6, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by WEICHERT REALTORS HALLMARK PRO $499,900
Listed by WEICHERT REALTORS HALLMARK PRO
Jan 8, 2020 Sold
Premium
Sold
Jan 3, 2020 No longer available -
No longer available
Oct 30, 2019 Listed by WEICHERT REALTORS HALLMARK PRO $309,000
Listed by WEICHERT REALTORS HALLMARK PRO
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,874
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,891
  • Gross Building Area: 2,891
  • Building Area: 2,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,363
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EUSTIS BRIGHT WATER PLACE PHASE 3 SUB
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: EUSTIS BRIGHT WATER PLACE PHASE 3 SUB LOT 111 PB 41 PGS 37-38 ORB 5986 PG 1934

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030211

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: 25
  • Account Number: 3786467
  • Subdivision Tract Number: 0088
  • Parcel: 32-18-26-0088-000-11100
  • Lot: 111
  • Meridian: SEC 32 TWN 18S RNG 26E
  • Municipality: EUSTIS
  • Latitude: 28.8742
  • Longitude: -81.7226

    Address

  • Full Address: 1973 Morritts Ct
  • Address - House Number: 1973
  • Address - Street Name: Morritts
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Eustis
  • Carrier Code: C007
  • 4-Digit Zip Code: 2365
  • Zip Code: 32726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,037
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 452,616
  • High Value: 534,325
  • Low Value: 370,907

    Market Valuation

  • Market Total Value: $305,218
  • Market Land Value: $49,275
  • Market Improvement Value: $255,943

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,248

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 92230
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $298,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bright Water Place

Stats & Trends

Median Asking:

$409,500

Sale Price/ft²

$199

Below Asking

0.04%

Average Days on Market

146

Average Home Size

2131 ft²

Average Home Age

21 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 993 Foote Street, EUSTIS, FL, 32726

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
993 Foote Street, EUSTIS, FL, 32726 Listing by William Peacock
Unit for rent at 507 Lakeshore Drive, EUSTIS, FL, 32726

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,806 ft²
507 Lakeshore Drive, EUSTIS, FL, 32726 Listing by Karen M. Riscinto

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Betty Hensinger
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5054485
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1973 Morritts Court built and last sold?
The property at 1973 Morritts Court was built in 2019 and last sold on Jun 29, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 1973 Morritts Court is $0.
What are some comparable homes to 1973 Morritts Court?
There are currently no comparable homes to 1973 Morritts Court.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Eustis Homes for Sale
Eustis Houses for Sale
Eustis Condos for Sale
Eustis Townhouses for Sale
Eustis Multifamily for Sale
Eustis Land for Sale
Eustis Commercial for Sale
Eustis Homes with Basements
Nearby Cities
Tavares Homes for Sale
Mount Dora Homes for Sale
Mount Plymouth Homes for Sale
Umatilla Homes for Sale
Tangerine Homes for Sale
Silver Lake Homes for Sale
Yalaha Homes for Sale
Sorrento Homes for Sale
Nearby Property Records
Lake County, FL Property Records
Sumter County, FL Property Records
Seminole County, FL Property Records
Orange County, FL Property Records
Volusia County, FL Property Records
Marion County, FL Property Records
Flagler County, FL Property Records
Citrus County, FL Property Records
Neighborhoods
Country Club of Mount Dora Real Estate
Royal Harbor Real Estate
Scottish Highlands Real Estate
Sullivan Ranch Real Estate
Loch Real Estate
Lakes of Mount Dora Real Estate
Sorrento Hills Real Estate
Sylvan Shores Real Estate
Nearby Counties
Tavares Homes for Sale
Mount Dora Homes for Sale
Leesburg East Homes for Sale
Top Real Estate Agents
Top Agents in Bright Water Place
Top Agents in Eustis
Top Agents in 32757
Top Agents in Tavares
Top Agents in Mount Dora
Top Agents in 32778
Top Agents in Leesburg East
Top Agents in Tavares