$2,363 Closing Credit¹
#V4941878, Matthew Buckley, Listing Office: LPT REALTY, LLC
$175,000 List price
507 Bates Ave Eustis, FL 32726
$2,078
Closing credit¹
3 beds
2 full
1,107 sqft
0.2 acres
$158 / sqft
House
Property details
About 507 Bates Ave
Under contract-accepting backup offers. **Investor/Handyperson Special: 3-Bedroom, 2-Bath Canal Front Home** This charming 3-bedroom, 2-bath home is the perfect opportunity for the right investor or value add buyer looking to put in some cosmetic updates and add their personal touch. The home has had previous settling issues that have already been remedied, giving you peace of mind as you move forward with your improvements. Situated on a scenic canal front, this property offers direct access to Trout Lake and Lake Eustis, providing a fantastic spot for water activities and a serene view. The seawall is in need of updating, allowing for a valuable opportunity to improve the property while enhancing its waterfront appeal. Located just a short walk from downtown Eustis, you’ll enjoy easy access to local shopping, dining, and the beautiful Ferran Park. Plus, you're just 10 minutes from the charming towns of Mount Dora and Tavares and have quick access to the toll road 429 for convenient commuting. Don't miss out on this rare opportunity to invest in a waterfront home with tons of potential!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size1,107 sqft
Lot size0.23 Acres
Year built1974
ParkingDriveway
MLS #G5096855
Attached garage1 space
WaterfrontCanal
ViewWater
Private poolYes
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Range
- Flooring Type: Wood
- Interior: Crown Molding, L Dining, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Driveway
- Waterfront: Canal
- View: Water
- Exterior: Sliding Doors
- Architectural Style: Florida
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $175,000
- Price/SqFt: $158
- Annual Tax Amount: $1,292
- Tax Year: 2023
- Lot: City Lot, Sidewalk
- Directions: From HWY 441 go North on SR 19 to Floral Ave, right on N Hawley St, left on Bates Ave. Home is at the corner on the left.
- Year Built: 1974
- Living Area: 1,107 SqFt
- Lot Size: 0.23 Acres
- MLS Number: G5096855
- MLS Name: MFRMLS
- Office Name: EXP REALTY LLC
- Office Phone: (888) 883-8509
- Listing Agent: Barbara Cifelli
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 7:19:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$175,000
507 Bates Ave
$2,078
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $106,870 | $1,292 |
| 2022 | $103,760 | $1,254 |
| 2021 | $100,747 | $1,254 |
| 2020 | $99,357 | $1,196 |
| 2019 | $97,124 | $1,192 |
| 2018 | $95,314 | $1,127 |
| 2017 | $93,354 | $1,094 |
History based on county public records data.
Nearby schools
2
Eustis Elementary School
Public District PK-5
0.5 mi
•714 E Citrus Ave
1
Eustis Heights Elementary School
Public District PK-5
1.4 mi
•310 W Taylor Ave
3
Triangle Elementary School
Public District PK-5
3.2 mi
•1707 Eudora Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,595. Typical income of Eustis, FL residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
42%
35k-100k
13%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
19%
Single, with Kids
25%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
34%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 507 Bates Ave
The listing price of 507 Bates Ave property is $175,000.
The property 507 Bates Ave is a house located in Eustis, Florida, 32726.
Sale Pending: 507 Bates Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 507 Bates Ave are: Eustis Elementary School (GreatSchools Rating 2/10), Eustis Heights Elementary School (GreatSchools Rating 1/10), Triangle Elementary School (GreatSchools Rating 3/10), Alee Academy (GreatSchools Rating 1/10), Eustis Middle School (GreatSchools Rating 3/10), Pinecrest Academy Tavares (GreatSchools Rating 7/10), Eustis High School (GreatSchools Rating 4/10), Lake Virtual Franchise (GreatSchools Rating 4/10), Tavares High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,292 (source: MLS/based on county public records data).
The property at 507 Bates Ave has 3 bedrooms and 2 bathrooms.
The property 507 Bates Ave is 1,107 SqFt (source: MLS/tax record).
The year of construction for 507 Bates Ave is 1974.
This home is located at 507 Bates Ave in Eustis, FL and zip code 32726 in the Orchid Lake neighborhood. This 1,107 square foot home, which was built in 1974, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $175,000.
While more than 5 listings in Eustis, FL in April 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 31 were sold below. In April 2025 in Eustis, FL there were 0.8% less homes for sale than in March. In April 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $350,627.
From Rocket Homes Real Estate and based on county public records data.