1025 Capella Dr · Tavares, FL 32778

$229,900

3 bd · 3.0 ba · 1,536 sqft · Manufactured public records · 360 Days on market

Built 1972 9,000 sqft lot Est $215k · 7% over $50/mo HOA · 2% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.8/30.0
• DSCR +6.3/10.0
• 1% rule +4.6/10.0
• ARV discount +4.4/15.0
• Schools +4.2/10.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

Key facts

• Open concept design
• Double glass doors
• Private exit

Tags

• CERAMIC TILE FLOORING
• OPEN CONCEPT DESIGN
• PRIVATE EXIT
• FULLY VINYL-FENCED BACKYARD
• LARGE INTERIOR LAUNDRY ROOM
• DOUBLE GLASS DOORS

Property features AI

Finance

• Financial info: Total monthly fees $50; total annual fees $600
• HOA & community: Monthly association fee $50 (includes pool, clubhouse, recreational facilities, common area taxes, escrow reserves); Association amenities: Clubhouse, Pool, Shuffleboard court, Wheelchair access; Buyer approval required; Deed restrictions; Senior community; Pets allowed (cats and dogs; number limit)

Exterior

• Parking: Covered parking; Driveway; 2-space carport
• Utilities: Public water; Public sewer; Cable connected; Broadband/high-speed internet available; Electricity connected; Underground utilities; Water connected
• Home design: Residential mobile home (double wide); One story; Faces north
• Construction: Metal siding; Metal roof; Crawlspace and slab foundation; Built as double wide mobile home
• Exterior features: Storage shed(s); Vinyl fencing; Lake access (Lake Francis); Level, paved lot in city limits, near public transit

Interior

• Kitchen: Range; Dishwasher; Disposal; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Kitchen open to family room; Interior in-law suite with private entry; 6 total rooms
• Laundry & utility: Inside laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath manufactured listed at $230k.

Deal economics

• At list price, monthly cash flow is $272 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (3.5% below list).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.5% in Tavares — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#220 in FL, #3,464 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.0%/yr); 507 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 42% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 360 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $132k; list at $230k implies a 74% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $202,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 360 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 7.71%
• Cash-on-cash: 5.07%
• DSCR: 1.23
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $215,040
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1405 Skyline Ct	0.27mi	3/2.0	1,640 (+7%)	3mo	$230,000	$140	70
1560 Skyline Dr	0.42mi	3/2.0	1,471 (-4%)	4mo	$265,000	$180	66
1001 Belmont Cir	0.14mi	2/2.0 (-1)	1,352 (-12%)	3mo	$155,000	$115	62
1547 Apache Cir	0.35mi	2/2.0 (-1)	1,360 (-12%)	9mo	$152,008	$112	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.05% rent growth · sell at horizon

5-year hold

• IRR: -7.3%
• Equity multiple: 0.73×
• Total profit: $-17,606
• Equity at exit: $34,279

10-year hold

• IRR: 3.4%
• Equity multiple: 1.26×
• Total profit: $16,755
• Equity at exit: $19,878

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32778

• Home prices YoY: -23.4%
• Rents YoY: 4.0%
• Active inventory: 507
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,218 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$129 /mo · $1,548/yr
• Insurance: −$96
• HOA: −$50
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $272

Break-even live

Break-even rent $1,874

Max offer price $229,900

Occupancy floor 83%

Sensitivity live

Price	-10% $402	-5% $337	+0% $272	+5% $207	+10% $142
Rent	-10% $97	-5% $184	+0% $272	+5% $359	+10% $447
Rate	-1.0pp $388	-0.5pp $330	base $272	+0.5pp $212	+1.0pp $152

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
814 N Saint Clair Abrams Ave Tavares, FL	3.0	2.0	1872	$1,275	$0.68	25d	1	0.23mi
807 McLain Ct Tavares, FL	2.0	2.0	1104	$1,700	$1.54	17d	1	0.26mi
1003 Dora Ave Unit A Tavares, FL	3.0	3.5	1788	$2,400	$1.34	25d	1	0.31mi
1003 Dora Ave Tavares, FL	3.0	3.5	1680	$2,400	$1.43	16d	1	0.31mi
1019 E Caroline St Tavares, FL	3.0	2.5	2139	$2,395	$1.12	25d	1	0.43mi
1057 E Caroline St Unit 31 Tavares, FL	3.0	2.5	2139	$2,295	$1.07	25d	1	0.45mi
1129 E Caroline St Tavares, FL	3.0	2.5	2139	$2,295	$1.07	25d	1	0.46mi
1075 E Caroline St Tavares, FL	3.0	2.5	2139	$2,395	$1.12	25d	1	0.46mi
1147 E Caroline St Tavares, FL	3.0	2.5	2139	$2,345	$1.10	25d	3	0.47mi
1111 E Caroline St Tavares, FL	3.0	2.5	2139	$2,295	$1.07	25d	1	0.48mi
336 Shorewood Dr Tavares, FL	3.0	2.0	1740	$2,215	$1.27	17d	1	0.80mi
1792 Henin Cir Tavares, FL	4.0	2.0	1828	$2,100	$1.15	25d	1	0.89mi
2225 Cypress Ct Unit 2C Tavares, FL	2.0	2.0	1334	$2,000	$1.50	25d	1	0.90mi
1108 Longville Cir Tavares, FL	3.0	2.0	1585	$2,150	$1.36	6d	1	1.01mi
2213 Merry Rd Tavares, FL	3.0	2.0	1596	$1,990	$1.25	5d	1	1.05mi
123 N Lake Ave Tavares, FL	2.0	1.0	1120	$1,595	$1.42	25d	1	1.05mi
1224 Kellogg Dr Tavares, FL	4.0	2.0	2129	$2,345	$1.10	25d	1	1.12mi
2296 Bracknell Forest Trl Tavares, FL	3.0	2.0	1900	$2,215	$1.17	4d	1	1.16mi
2741 Grand Central Ave Tavares, FL	3.0	2.0	1690	$2,276	$1.35	6d	1	1.43mi
2551 Bracknell Forest Trl Tavares, FL	3.0	2.0	1483	$2,081	$1.40	17d	1	1.49mi
2533 Bracknell Forest Trl Tavares, FL	3.0	2.0	1483	$2,100	$1.42	4d	1	1.49mi
2460 Ann Rou Rd Unit 606 Tavares, FL	2.0	2.0	1167	$1,750	$1.50	19d	1	1.50mi

HOA detail

• Monthly dues: $50 · $600/yr
• Likely covers: waterpool

Listing history 27 events

1. 2026-06-21
   days on market $229,900 Active 360 DOM
2. 2026-06-18
   days on market $229,900 Active 357 DOM
3. 2026-06-17
   days on market $229,900 Active 356 DOM
4. 2026-06-16
   days on market $229,900 Active 355 DOM
5. 2026-06-15
   days on market $229,900 Active 354 DOM
6. 2026-06-13
   days on market $229,900 Active 352 DOM
7. 2026-06-09
   days on market $229,900 Active 348 DOM
8. 2026-06-08
   days on market $229,900 Active 347 DOM
9. 2026-06-07
   days on market $229,900 Active 346 DOM
10. 2026-06-04
    days on market $229,900 Active 343 DOM
11. 2026-06-03
    days on market $229,900 Active 342 DOM
12. 2026-06-02
    days on market $229,900 Active 341 DOM
13. 2026-06-02
    days on market $229,900 Active 340 DOM
14. 2026-05-31
    days on market $229,900 Active 339 DOM
15. 2026-01-28
    price $229,900
16. 2025-12-31
    price $234,900
17. 2025-06-26
    listed $239,900 Active
18. 2021-02-26
    soldstatus $132,500 Sold 1928-char remark

    Show marketing remark (1928 chars)

    An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

19. 2021-02-01
    status Pending 1928-char remark

    Show marketing remark (1928 chars)

    An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

20. 2021-01-14
    price $139,900 1928-char remark

    Show marketing remark (1928 chars)

    An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

21. 2021-01-05
    price $141,500 1928-char remark

    Show marketing remark (1928 chars)

    An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

22. 2020-10-02
    listed $145,000 Active 1928-char remark

    Show marketing remark (1928 chars)

    An incredible find, perfect for someone needing a home office or wants a guest suite for visitors! This is the Lake Francis home you have been waiting for! With a sprawling 1500 square feet of space, this does not feel like a mobile home. It is bright and airy and gives a welcoming feel. There is so much space to spread out, entertain, or just relax. Generous sized master with 3 closets and ensuite bath. The master bedroom overlooks the backyard with NO REAR NEIGHBORS. There's a guest room off the kitchen along with a full size guest bath with an abundance of storage. All new appliances, new hot water heater. FULLY FURNISHED AND READY FOR YOU TO MOVE IN. The bonus room off the living room can be additional living space or office or hobby room. Bonus room opens to the front and rear of the home. A family room next to the carport serves as additional living space. This area opens to the oversized utility and laundry room. Newer washer and dryer and storage cabinets in here. On the opposite side of the utility room is a FULL SIZE GUEST SUITE WITH 2 PRIVATE ENTRANCES, a full bath, and large bedroom area. Overlooks the carport to one side and the backyard on the other. There is enough space in the carport for 3 cars and it is a drive-thru fenced property. You can enter on one side and exit through the other. There is a shed for storage. A fenced yard on one side for your pets. Irrigation system is newer. The community has activities, pool, shuffleboard, community dock, and storage available for your RV, trailer, etc. Located cnoveniently near the entrance to the community, you can take the golf cart to Winn-Dixie and to downtown Tavares restaurants, shops, events. If you rather stay closer To home, Lake Francis is a bustling 55+ community that offers lots of great amenities that are included in your low $35 a month HOA. THIS HOME IS A MUST SEE FOR THOSE LOOKING FOR A RELAXING, PRIVATE, FLORIDA HOME.

23. 2020-05-05
    soldstatus $123,000
24. 2020-04-30
    soldstatus $123,000 Sold 1014-char remark

    Show marketing remark (1014 chars)

    Opportunity is knocking! Here is your opportunity to live your retirement years in a lake front community located very close to major roadways, downtown Tavares, Eustis & Mt. Dora. This home is very spacious with an in-law quarters & full bathroom added in 2012. As you tour this home you will see there is an abundance of living space in this 1536 sf inside and extended living outside in the fenced yard and covered porch. In 2017 new Pergo laminate flooring installed through much of the main living area, new windows, paint & exterior siding. The long driveway and large carport can easily accommodate 6 cars at a time with double gates in fenced yard and at the end of the carport for easy exit. There are ample exterior doors allowing you quick access to your exterior space. You will also find a shed with electricity and a large interior laundry room. No need to leave your home enjoy our virtual tour. Make it a point to call your realtor today for an appointment before it's too late!

25. 2020-04-13
    status Pending 1014-char remark

    Show marketing remark (1014 chars)

    Opportunity is knocking! Here is your opportunity to live your retirement years in a lake front community located very close to major roadways, downtown Tavares, Eustis & Mt. Dora. This home is very spacious with an in-law quarters & full bathroom added in 2012. As you tour this home you will see there is an abundance of living space in this 1536 sf inside and extended living outside in the fenced yard and covered porch. In 2017 new Pergo laminate flooring installed through much of the main living area, new windows, paint & exterior siding. The long driveway and large carport can easily accommodate 6 cars at a time with double gates in fenced yard and at the end of the carport for easy exit. There are ample exterior doors allowing you quick access to your exterior space. You will also find a shed with electricity and a large interior laundry room. No need to leave your home enjoy our virtual tour. Make it a point to call your realtor today for an appointment before it's too late!

26. 2020-02-28
    listed $134,500 Active 1014-char remark

    Show marketing remark (1014 chars)

    Opportunity is knocking! Here is your opportunity to live your retirement years in a lake front community located very close to major roadways, downtown Tavares, Eustis & Mt. Dora. This home is very spacious with an in-law quarters & full bathroom added in 2012. As you tour this home you will see there is an abundance of living space in this 1536 sf inside and extended living outside in the fenced yard and covered porch. In 2017 new Pergo laminate flooring installed through much of the main living area, new windows, paint & exterior siding. The long driveway and large carport can easily accommodate 6 cars at a time with double gates in fenced yard and at the end of the carport for easy exit. There are ample exterior doors allowing you quick access to your exterior space. You will also find a shed with electricity and a large interior laundry room. No need to leave your home enjoy our virtual tour. Make it a point to call your realtor today for an appointment before it's too late!

27. 1995-02-21
    soldstatus $36,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,548 · $129/mo
• Projected year-2 tax: $1,908 · $159/mo
• Expected delta: +$360/yr (+$30/mo · 23.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,616
• − Mortgage interest: −$12,878
• − Property taxes: −$1,548
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,129
• − Management: −$2,129
• − HOA: −$600
• − Depreciation: −$6,688
• Taxable loss: −$506
• Est. tax savings @ 24.0%: +$121
• After-tax cash flow: $3,383/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Tavares

• Score: 76/100
• State rank: #220
• US rank: #3464

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tavares, FL
• County: Lake County · 364,602 people
• City population: 25,042
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 25,042
• Household income: $63,472
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 586.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 14% Two or more races 8% Black 8% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 7% Cuban 2% Dominican 1%
• Common ancestry: Romanian 4% Italian 3% Slovak 2%
• Foreign-born: 9% · Canada, Dominican Republic, Jamaica
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.07%
• Current HPI: 288.7123
• Rent YoY: ▲ 4.05%
• Metro: Orlando-Kissimmee-Sanford, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+538.6% since first listed

13 events — show timeline

• 2026-01-28 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-26 Listed $239,900 Stellar MLS as Distributed by MLS Grid
• 2021-02-26 Sold (MLS) $132,500 Stellar MLS as Distributed by MLS Grid
• 2021-02-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-01-14 Price Changed $139,900 Stellar MLS as Distributed by MLS Grid
• 2021-01-05 Price Changed $141,500 Stellar MLS as Distributed by MLS Grid
• 2020-10-02 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2020-05-05 Sold (Public Records) $123,000 Public Records
• 2020-04-30 Sold (MLS) $123,000 Stellar MLS as Distributed by MLS Grid
• 2020-04-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-02-28 Listed $134,500 Stellar MLS as Distributed by MLS Grid
• 1995-02-21 Sold (Public Records) $36,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $1,548 · +2.7% YoY. Source: county tax records.