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$350,000

503 PALMETTO STREET, EUSTIS, FL 32726

3D Tour
Active83 days on market

Beds

Baths

0

Sq Ft

807 sq ft

Year Built

1970

Lot Size

0.15 acres

Garage

About This Property

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!

Property Overview

Property TypeCommercial Sale
Sub TypeRestaurant
MLS #G5112936
StatusActive
Year Built1970
ConstructionBlock
RoofMetal
FoundationSlab
SubdivisionEUSTIS HOGANS SUB
CountyLake
OwnershipFee Simple

Interior Features

FlooringConcrete, Tile
WindowsDisplay Window(s)
CoolingNone
HeatingNatural Gas

Exterior & Lot

Other StructuresStorage
Lot Size0.15 acres (6,717 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$350,000
Original Price$385,000
Annual Taxes$1,826 (2025)
FinancingCash
ZoningMCR
Parcel #121926130000E00012

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.

Location

503 PALMETTO STREET, EUSTIS, FL 32726

Listing Information

OfficeRE/MAX PREMIER REALTY
ListedJune 1, 2026

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Home Price

$350,000

20% ($70,000)
6.75%

Loan Term

Principal & Interest$1,816
Property Tax (est.)$321
Insurance (est.)$150
Total Monthly$2,287
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 15, 2026.

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