545 OAK DRIVE Tavares, FL $ 280,000
545 OAK DRIVE
$ 280,000
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545 OAK DRIVE

Tavares, FL, 32778
$ 280,000
Baths0.0 Sq 1,350

Monthly Estimate*

$ 1,724

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Studio

Multi-Family Home for sale in Tavares, FL

for $280,000. This 1,350 square foot home was built in 1984 on a lot size of 0.2.

Welcome to a turnkey, income producing opportunity in Tavares with a tenant already in place. This well maintained 3 bedroom, 2 bathroom home generates $2,000 per month, providing approximately $24,000 in annual rental income, making it an ideal addition to any investment portfolio. The property features a modern kitchen with stainless steel appliances, granite countertops, and ample cabinet space, along with spacious living areas that tenants appreciate for everyday living and entertaining. A large backyard offers outdoor space, complemented by a storage shed for added functionality. Conveniently located near shopping, dining, and local parks, this home combines strong rental demand with a desirable location. Secure a solid, cash flowing investment with minimal effort required.

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Multi-Family Active

Price

$ 280,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,902

Style

Duplex

Lot Size

0.2

Year Built

1984

Town/City

Tavares

County/Region

Lake

MLS | Web ID

O6376169

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Possession Close Of Escrow
Roof Shingle
Appliances Microwave Range Refrigerator
Zoning RSF-1
Patio/Porch Features Porch
Construction Materials Block
Year Built 1984
Tenant Pays Electricity Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
County Lake
New Construction false
Property Type Residential Income
Subdivision Name TAVARES SUMMERALL PARK HEIGHTS
Garage Y/N false
Other Structures Storage
Status Active
Directions Continue on Dead River Rd. Drive to Oak Dr Turn left onto Dead River Rd Turn left onto Oak Dr
City TAVARES
Senior Community Y/N false
Number Of Units Total 1
MLS Area 32778 - Tavares / Deer Island
Lot Size Units Square Feet
Lot Size Square Feet 8550
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 3902
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6376169
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 10
Total Actual Rent 2000
Legal Description TAVARES SUMMERALL PARK HEIGHTS LOT 10 N 1/2 OF LOT 11 BLK H PB 8 PG 44 ORB 6200 PG 489 ORB 6201 PG 2191
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Stone Counters Thermostat
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Sliding Doors
Parking Features Driveway
Water Source Public
Lot Size Area 8550
Foundation Details Block
Number of Buildings 1
Building Area Total 1431
Lot Size Acres 0.2
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Florida Realty Investments

Broker

m4074842181@gmail.com

Email

Affordability Calculator

$2,049
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
$325
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$280,000 Listed Price

Map


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545 OAK DRIVE, Tavares, FL, 32778 is a Multi-Family Home for sale at $280,000 with 1,350 sqft and a lot size of 0.2. 545 OAK DRIVE is a studio with 0.0 baths and was built in 1984. The property's zip code is 32778 which is in Tavares, FL