1511 RUSSELL AVE new

Eustis,FL 32726

$ 269900

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Eustis Taylors Sub

MLS Listing ID O6336400

HOA Y/N No

Annual Tax Amount $912

Lot Size 1.650 Acres

Acres 1.65

Lot Dimensions 233x305

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

1.65 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development.
Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools

Development Standards:

Maximum Density: 12 units per acre

Maximum Height:
• 35' – Single-Family
• 45' – Multi-Family

Incentives & Density Bonuses:
Developers can unlock 5–15% additional density by incorporating:

Affordable Housing
• At least 20% of units affordable to households earning • Or at least 50% of units affordable to households earning
Green Building & Energy Efficiency
• Additional bonuses available for sustainable design and certification

Manufactured Housing Provisions:
Residential units manufactured off-site are permitted if they:

Meet all federal & state construction standards

Are permanently attached to foundations

Comply with all lot, yard, and land development regulations

Location

State FL

County Lake

Community Eustis Taylors Sub

Area 32726 - Eustis

Zoning UR

Exterior

Utilities Available Public

Building

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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