Tavares FL Real Estate &

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Beds:
5
Baths:
3.00
Sq.Ft.:
3,195
Status:
Active
MLS#:
O6373379
Type:
Triplex
Subdivision:
Tavares Nutts Sub
Lot size:
0.25 Acres
Year built:
1949
A broker reciprocity listing Courtesy: ALL REAL ESTATE & INVESTMENTS 407-917-8206
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ADDITIONAL INFORMATION

Price Improvement – Prime Investment Opportunity in Tavares! Don’t miss this exceptional income-producing triplex located at 708/710/712 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heater, giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1,200 per unit, creating substantial income growth potential. Current Annual Rental Income $24,600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4,093.51 Insurance: $3,413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside Unit B in shed Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


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Tavares Real Estate

Tavares is located in Florida. Tavares, Florida has a population of 18,290. Tavares is less family-centric than the surrounding county with 18.2% of the households containing married families with children. The county average for households married with children is 23.98%.

The median household income in Tavares, Florida is $49,313. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Tavares is 54.1 years.

Tavares Weather

The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 51.2 inches per year, with 0 inches of snow per year.

Tavares Map

Tavares Real Estate Market Conditions

  • Median sales price

    $320,000
    25.3%
    change since last quarter
  • # Active listings

    295
    30-day change

Tavares Schools and Demographics

Education near Tavares, FL

City County
High School Graduates 88.16 90.38
College Degree - 2 year 12.45 11.79
College Degree - 4 year 25.15 25.25
Graduate Degree 5.51 7.03
Expenditures per Student 9,858 9,858
Students per Teacher 17.1 17.1

Elementary Schools near Tavares, FL

Grades Students P/T Ratio ZIP
Astatula Elementary School PK - 05 599 15.4 34705
Milestones Community School of Lake County KG - 08 220 16.9 34788
Round Lake Elementary School PK - 05 877 16.2 32757
Tavares Elementary School PK - 05 881 15.7 32778
Treadway Elementary School PK - 05 917 16.1 34788
Triangle Elementary School PK - 05 731 14.1 32757

Middle Schools near Tavares, FL

Grades Students P/T Ratio ZIP
Mt. Dora Middle School 06 - 08 800 17 32757
Tavares Middle School 06 - 08 1,016 16.7 32778

High Schools near Tavares, FL

Grades Students P/T Ratio ZIP
Mt. Dora High School 09 - 12 1,063 21.7 32757
Tavares High School 09 - 12 1,236 22.1 32778

Ungraded Schools near Tavares, FL

Grades Students P/T Ratio ZIP
Contracted Services KG - 12 0 32757
Lake County ACER Program 06 - 12 8 32778
Nonschool Exceptional Education PK - 12 23 32778

Demographics near Tavares, FL

City County
Neighborhood Type Suburban
Population 18,290 375,059
Population Density 1,542 395
Median Age 54.1 46.8
People per Household 2.1 2.5
Median Household Income 49,313 60,013
Average Income per Capita 34,146 31,968

Real estate near Tavares