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$959,000

Active

19 W Eagle Ave, Eagle Lake, FL 33839

4,134 sq ft

Listing courtesy of COMPASS FLORIDA LLC · MLS# TB8424613

415 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property with a 7.5% CAP located on a large corner lot in Eagle Lake. The property consists of 8 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of an additional single-family home on 1/3 acre, totaling 9 units across 2 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $85,000 NOI at a 7.5 cap rate for 8 units - due for 2026 rent increases for an extra $6,000 NOI. Other properties included in the optional portfolio: 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.

Facts

Property type
Mixed Use
Year built
1932
Exposure
Southwest
Flood zone
X
Annual taxes
$6,513/yr
Listed
Sep 3, 2025
MLS #
TB8424613

Commercial details

Building & site

Building size
4,572 SF
Lot size
0.31 acres (13,586 SF)
Zoning
LAND
Road frontage
City Street
Buildings
3
Occupancy
Tenant-occupied
Building features
Bathrooms

Investor metrics

Price per SF (MLS)
$209.76/SF
Net operating income
$100,000/yr
Units
8

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $1,166,000
  2. Price reduced to $959,000from $990,000

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Take a tour

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19 W Eagle Ave, Eagle Lake, FL 33839

Listing courtesy of COMPASS FLORIDA LLC · MLS# TB8424613 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:24 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]