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Lake County · Tavares, FL 32778

Waterfront Opportunity Tavares, FL 3BR 1BA + Boat Dock

$225,000
3
Beds
1
Baths
1,228
Sq ft
1968
Year built
$125K spread

About this property

Property Specs

  • 3 Bed / 1 Bath / Carport / Boat Dock / Waterfront
  • Living Area: 1228 aqft (Per tax records)
  • Build: 1968, Wood/Metal
  • Lot: 7,350 sqft
  • COE: on/before 11/10

Financials

  • Starting Price: $225,000
  • ARV: $350,000
  • EMD: $5,000

Rehab

  • Roof 2017, AC Newer (age unknown), Electrical Updated, Has Active Termites
  • Flood Zone: X, AE
  • Notes: Lot next door (7350sqft) is available for purchase for an additional $75,000

Comparables

  • 26632 W COVE DRIVE, TAVARES, FL 32778 - 2/2/1246sqft/waterfront - sold 350k, well maintained
  • 13524 COUNTRY CLUB DR, TAVARES, FL 32778 - 2/2/1390sqft/double lot - active 525k

Great Investment Potential: This property is priced significantly below market value with a great spread to work with, offering a substantial opportunity for profit.

Property snapshot

Layout3 Bed / 1 Bath
Living area1,228 sq ft
Year built1968
Property typeLand
CountyLake County

Deal details

Asking price$225,000
ARV estimate$350,000
Spread (ARV − asking)$125,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$225K
ARV est.
$350K
Spread
$125K
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M
Ms. Meriam
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