Commercial property in Tavares, Florida 5 bedrooms, 236.81 sq.m. № 2131835

ID2131835
$ 475 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Price Improvement – Prime Investment Opportunity in Tavares! Unit 708: Recently updated, with fresh paint and fixtures. Don’t miss this exceptional income-producing triplex located at 708 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 heaters in all 3 units; 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 – Vacant
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!
MLS #: O6373379
Contact the seller
CityTavares
Address708 N SAINT CLAIR ABRAMS AVENUE
TypeCommercial property
Bedrooms5
Living space236.81 m²
- m²
- sq. ft
Completion dateIV quarter, 1949
Parking places1
Price
- Price
- per m²
$ 475 000
- EUR €
- USD $
- RUB ₽
- GBP £
Similar offers
-
Bedrooms: 5Living space: 237.09 m²
1421, 1423, 1425, 1427 ASHER LANE -
Bedrooms: 5Living space: 238.57 m²
912 DRUID ROAD E -
Bedrooms: 5Living space: 241.17 m²
3631 PARK STREET N -
Bedrooms: 5Living space: 229.65 m²
1228 E MURIEL STREET

