Virtual TourMap

For SaleCommercial SaleActive Under Contract

503 Palmetto Street

Eustis, FL 32726

$350,000

160 Days On Site

  • 807Sq Ft
  • $434Per Sq Ft
  • 0.15Acres
  • 1970Built
Subdivision
Eustis Hogans Sub
County
Lake
MLS®
G5112936

Overview

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! .

Listing Snapshot

Price
$350,000
Days On Site
160 Days
Bedrooms
N/A
Inside Area (SqFt)
807 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.15 Acres
Year Built
1970
MLS® Number
G5112936
Status
Active Under Contract
Property Tax
$1,826 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

9 items
Acres
0.15
Building Features
Bathrooms
Foundation
Slab
Levels
One
Sewer
Public Sewer
SqFt Total
1,659
Utilities
Electricity Available, Water Connected
Water Source
Public
Zoning
MCR

Interior Features

2 items
Flooring
Concrete, Tile
Window Features
Display Window(s)

Exterior Features

5 items
Construction Details
Block
Other Structures
Storage
Road Frontage
City Street
Roof
Metal
Windows/Doors
Display Window(s)

Community Features

4 items
MLS Area
32726 - Eustis
Township
19
Financing Terms Available
Cash
Roads
Paved

Location

503 Palmetto Street, Eustis, FL 32726 · 32726 - Eustis

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Neighborhood & Commute

ZIP Code 32726

Median household income
$54,008
Income per person
$30,359
Households
10,760
Average household size
2.32
Median age
42.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active Under Contract
  3. Price changed to $350,000
  4. Listing first seen on site

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Listing courtesy of RE/MAX PREMIER REALTY (407) 230-0235

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-08 11:45 PM EST

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