503 PALMETTO STREET Eustis, FL $ 385,000
503 PALMETTO STREET
$ 385,000
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503 PALMETTO STREET

Eustis, FL, 32726
$ 385,000
Bedrooms-- Baths-- Sq 807

Monthly Estimate*

$ 2,371

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Commercial Property for sale in Eustis, FL

for $385,000. This 807 square foot building was built in 1970 on a lot size of 0.15.

A rare opportunity to own a piece of local history! Formerly the community's beloved barbecue destination, this iconic BBQ restaurant served generations of loyal customers and was known for its walk-up service window, authentic smoked meats, and hometown charm. Situated on 3 PARCELS totaling approximately 5 ACRES, this unique property is perfectly positioned on the corner of Palmetto Street and E. Bates Avenue. 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. 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

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 1,826

Style

Restaurant

Lot Size

0.15

Year Built

1970

Town/City

Eustis

County/Region

Lake

MLS | Web ID

G5112936

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Available Water Connected
Possession Close Of Escrow
Roof Metal
Zoning MCR
Construction Materials Block
Year Built 1970
Levels One
Property Subtype Restaurant
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 12-19-26-1300-00E-00000 12-19-26-3100-00D-00000
County Lake
New Construction false
Property Type Commercial Sale
Subdivision Name EUSTIS HOGANS SUB
Building Features Bathrooms
Other Structures Storage
Status Active
Directions From E. Orange Ave turn North onto Glover St. turn West onto Bates Ave property is on the corner of E. Bates Ave AND Palmetto St.
City EUSTIS
MLS Area 32726 - Eustis
Lot Size Units Square Feet
Lot Size Square Feet 6717
Listing Terms Cash
Tax Annual Amount 1826
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5112936
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0
Legal Description EUSTIS HOGAN'S SUB FROM SE COR BLK E RUN N ALONG E LINE OF SAID BLK E 723.09 FT FOR POB CONT N ALONG SAME LINE 92.01 FT TO A POINT THAT IS 120.81 FT S OF MOST N'LY COR BLK E W 60.4 FT TO NW'LY LINE BLK E SW'LY ALONG NW'LY LINE BLK E 55.78 FT S 63DEG 54MIN 30SEC E 52.5 FT S 3 FT S 63DEG 54MIN 30SEC E TO E LINE BLK E N TO POB PB 2 PG 33 ORB 773 PG 2459
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Flooring Concrete Tile
Air Conditioning Y/N false
Heating Y/N true
Window Features Display Window(s)
Total Baths 0
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Exterior
Parking Features Ground Level
Water Source Public
Lot Size Area 6717
Foundation Details Slab
Number of Buildings 2
Building Area Total 1659
Lot Size Acres 0.15
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
Number of Lots 3
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Re/Max Premier Realty

Broker

riveraforeverhomes@gmail.com

Email

Affordability Calculator

$2,523
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$152
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$385,000 Listed Price

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503 PALMETTO STREET, Eustis, FL, 32726 is a Commercial Property for sale at $385,000 with 807 sqft and a lot size of 0.15. 503 PALMETTO STREET was built in 1970. The property's zip code is 32726 which is in Eustis, FL