205 S Grove Boutique Apartments presents an opportunity to acquire a stabilized, 100% occupied multifamily community in Eustis, Florida, within the Greater Orlando metropolitan area. The property contains seven apartments across two buildings, including a six-unit main building and a detached approximately 750-square-foot cottage. The current unit mix consists of six one-bedroom apartments and one studio apartment. Ownership has completed improvements throughout the property, including updated kitchens, flooring, cabinetry, appliances, electrical components, air-conditioning systems, toilets, showers and interior finishes. The completed improvements and existing occupancy offer an investor immediate operating income without a large initial renovation program. At the asking price of $849,665, the property is offered at an 8.0% capitalization rate based on ownership-provided net operating income of $67,973. Aggregate scheduled rental income is approximately $86,436 annually. Individual unit rents and tenant information are available only to qualified prospective purchasers. The property is approximately two blocks from downtown Eustis and the Lake Eustis waterfront. Its location combines access to local shops, dining, recreation and community amenities with connectivity to the broader Lake County and Greater Orlando markets. The rear portion of the site may also provide an opportunity for additional residential development. Any expansion concept is subject to buyer verification of zoning, density, setbacks, parking, utilities, permitting and all applicable governmental requirements. LOCATION DESCRIPTION The property is located at 205 S Grove Street near downtown Eustis and the Lake Eustis waterfront. Residents benefit from convenient access to downtown businesses, restaurants, community events, parks and waterfront recreation. Eustis is situated in Lake County within the Orlando–Kissimmee–Sanford metropolitan area, offering investors an alternative to higher-priced properties in the Orlando urban core. Continued residential construction and population growth throughout Lake County support the area’s expanding housing base and long-term rental demand. The location provides access to Mount Dora, Tavares, Leesburg and the broader Central Florida employment and transportation network while retaining the appeal of a smaller lakeside community. The property is offered for sale at $849,665. Please do not disturb tenants. Property tours are by appointment only and may require proof of funds or lender prequalification.