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Listing provided courtesy of SLOANE REALTY, LLCas Distributed by MLSGrid- MLS# MFRO6343741MLS Provider

1505 RUSSELL AVENUEEUSTIS, FL 32726

Vacant Land · 3.18 Acres
$449,800 Active

1505 RUSSELL AVENUE Overview

Time on Site:
290 days
Visits:
0

****Potential to build up to 38 units***3.18 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 <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income 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

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1505 RUSSELL AVENUE Facts & Features

  • Type Vacant Land
  • Lot 3.18 Acres

Details

General

Business Information

  • Current Use: Multi Family

Location/Region

  • Country: US
  • County Or Parish: Lake
  • MLS Area Major: 32726 - Eustis
  • Subdivision Name: EUSTIS TAYLORS SUB
  • Township: 19S

Tax Information

  • Tax Annual Amount: 2007.97
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 12-19-26-3100-00F-00001
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: UR

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels Description: 12-19-26-3100-00F-00000,12-19-26-3100-00E-00200
  • Additional Parcels: Yes
  • Lot Size Acres: 3.18
  • Lot Size Dimensions: 450 x 309
  • Lot Size Square Feet: 138698
  • Number Of Lots: 3
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Public

1505 RUSSELL AVENUE Neighborhood

Community

32726 (EUSTIS) Demographics

39
Median Age
1,683
Population Density (per sq. mile)
27%
College Educated
$50,439
Estimated Median Income
5,908
Estimated Total Home Owners
3,193
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1505 RUSSELL AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1505 RUSSELL AVENUE Market Data

Based on the last 30 days in this zip code

$374,880
Average List Price
$199
Average Price per Square Foot
31
Properties Sold
108
Average Days on Market
179
Properties for Sale
Calculations provided by Reliance Network

1505 RUSSELL AVENUE History

Date Event Value Agent
10/23/2025Source: My Florida Regional MLS Price Reduction
$449,800 -10.0%
9/12/2025Source: My Florida Regional MLS Added to Database
September 12, 2025