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$549,000

Beds
3
Baths
2.5
sq ft
1,908

701 E Key Ave, Eustis, FL 32726

701 E Key Ave

EUSTIS, FL 32726

  • 21 days on market
    • Open house Nov 09
Location, Location, Location! This exceptional home, situated on a prime corner lot with expansive frontage along Lake Gracie offers unparalleled lakefront living with breathtaking views! Over 17,800 square feet of private property, including all of the Lake Gracie frontage, awaits you—perfect for kayaking, relaxing by the water, or enjoying sunsets from your own backyard. Nestled in the desirable Historic District of Eustis (historic plaque on property grounds), this impeccable home blends modern luxury with historic charm, all without the constraints of an HOA. Boasting lake views from the living room, dining room, kitchen, primary bedroom, and bath, the interior of this light-filled home is designed for comfort and tranquility. With tasteful renovations throughout, the property features an inviting new breezeway addition (with approved plans and permits), connecting the spacious 2-car garage to the main house—adding more functional square footage. Step outside onto your oversized front porch, perfect for entertaining or relaxing with a glass of wine as you take in the serene lake vistas. The private, fenced backyard provides ample space for pets, privacy, or even a pool, all while being just steps away from the water's edge and the highly desirable lakefront walking trail! The Golden Triangle—Eustis, Mount Dora, and Tavares—is at your fingertips, with easy access to everything this charming area has to offer. Just minutes from downtown Mount Dora and Tavares, and a short walk or drive to Ferran Park and the scenic Lake Eustis boardwalk. Local favorites like Foxtail Coffee, Eustis Market, and the French bakery “A Wish or Two Ago” are within easy reach, as well as farm-to-table dining at Chris Place. With no other home offering this combination of features at this price in Eustis, this is an opportunity you won’t want to miss. Enjoy peace, privacy, and proximity to world-class attractions like Walt Disney World and the beaches of New Smyrna. Make your offer today and experience lakeside living at its finest!

Details

Property type

Single Family Residence

Est. home value

$320,780

Lot size

0.41 acres

Price per sq ft

$288

Year built

1957

Annual property taxes

$2,229

HOA

No

Price History

10/27/2024
StellarMLS

StellarMLS #O6249270

Listed
$549,000
10/17/2024
StellarMLS

StellarMLS #O6249270

Removed
$549,000
10/15/2024
StellarMLS

StellarMLS #O6249270

Listed
$549,000
+54.65%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$246,181
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$258,899
Cash to seller
$246,181

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

March 2023

Original loan amount

$264,000

Est. remaining balance

$258,899

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Peter M Bendo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 3:40 AM

Listing updated: 11/04/2024 at 3:36 PM

Listed by: Sarah Bosch, THE BOSCH GROUP Phone #: (407) 221-3350

MLS: StellarMLS #O6249270

StellarMLS logo

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