by Global Lifestyle Properties

Check Availability
$350,000
● Land - In Contract

E BATES AVENUE

EUSTIS, FL
bedrooms
Studio
bathrooms
0 Bath
$1,846
Est. Monthly

About This Property

Under contract-accepting backup offers. INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!!  The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await!

With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find.

Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000

Call me today for your private tour!
Unit Size
-
Days on Market
-
Land Size
4.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$127
HOA Dues
-
Year Built
-

Listed By

Rachel Rivera
Rachel Rivera
RE/MAX PREMIER REALTY

Payment Calculator

Cap Rate Calculator

Last updated: 17 days ago (Stellar MLS #G5112939)

Price History

Date / Event Date Event Price
Oct 22, 2026 In contract -
In contract
Sep 16, 2026 Relisted $350,000
Relisted
Aug 25, 2026 In contract -
In contract
Aug 8, 2026 Price Decreased $350,000
↓ $35K (9.1%)
Price Decreased
May 27, 2026 Listed by RE/MAX PREMIER REALTY $385,000
Listed by RE/MAX PREMIER REALTY

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 4.1165
Lot Size Units: Acres
Lot Size Acres: 4.12
Lot Size Square Feet: 179315
Lot Size Dimensions: 638 x 332
Water Source: None
Financial Details
Tax Annual Amount: $1,522
Utilities Details
Sewer : None

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around