N PALM CIRCLE
About This Property
Looking for the perfect spot to build your dream home? This is it! Located in the highly desirable area of unincorporated Eustis, this rare lot offers the freedom to create your ideal home with NO HOA and no front neighbors, providing both privacy and peace of mind. Enjoy the convenience of storing your boat or RV right on your property-something that's hard to come by in most neighborhoods!
Situated just off Clay Blvd, this lot boasts an unbeatable location. You're minutes from excellent schools, Lake Tech, and a variety of shopping, dining, and banking options. Only a short drive to the vibrant downtown areas of Mt. Dora and Eustis, you'll have quick access to big-box stores, a movie theater, and local hotspots. Publix and additional shopping are just 2 minutes to the south, offering you ultimate convenience.
For outdoor enthusiasts, this lot is ideally located for boating and water activities. It's only a 4-minute drive to the Lakeshore Ramp to Lake Eustis, giving you access to the entire Harris Chain of Lakes for fishing, boating, and breathtaking views.
With no HOA restrictions and a prime location, this lot is a rare gem! It won't last long, so don't wait-schedule a showing today and make this incredible property yours before it's gone!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$55,000
↓ $5K
(8.3%) | |
| Price Decreased | |||
| May 7, 2025 | Price Decreased |
$60,000
↓ $4K
(6.1%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by THE MARKET REALTY GROUP | $63,900 | |
| Listed by THE MARKET REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017