Tavares Homes with Triplex Property Style

Welcome to Tavares, the charming heart of Lake County, Florida! Nestled amidst the picturesque landscapes of rolling hills and serene lakes, Tavares offers a unique blend of small-town charm and modern conveniences. Known as the "Seaplane City," Tavares boasts a vibrant waterfront with opportunities for boating, fishing, and enjoying the stunning Florida sunsets. With a thriving downtown area filled with delightful shops, restaurants, and community events, Tavares is a place where neighbors become friends and memories are made.

For those seeking a unique investment opportunity, Tavares is home to an array of triplex properties that are perfect for both seasoned investors and first-time buyers. These triplex homes provide a fantastic way to maximize rental income while enjoying the benefits of property ownership. With Tavares' growing popularity, investing in triplex properties here allows homeowners to tap into the area's flourishing rental market, catering to both long-term tenants and seasonal visitors.

Imagine living in one unit while renting out the others, or simply adding to your investment portfolio with this versatile property style. The triplex homes in Tavares often feature spacious layouts and modern amenities, making them appealing to potential renters. With the city's picturesque surroundings and friendly community atmosphere, it’s no wonder that Tavares is becoming a sought-after destination for both residents and investors alike.

Explore the possibilities of triplex living in Tavares, where your dream of a profitable real estate venture can become a reality. Embrace the charm of Lake County and discover why Tavares is the perfect place to call home!

$349,000

5 Beds ⋅ 3 Baths ⋅ Tavares Nutts Sub SubDv. ⋅ 32778 Zip Code

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!

708 N Saint Clair Abrams Avenue, Tavares

Tavares Homes with Triplex Property Style

Newest Tavares Homes with Triplex Property Style