Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    545 OAK DRIVE Tavares, FL 32778

    View on Map
    For Sale
    $280,000

    Duplex - TAVARES, FL

    Type:Duplex
    Property size:
    1,350 SF
    Lot size:
    0.20 Acres
    Added:
    Jan 22, 2026
    Days on Market:
    69
    Last Refresh:
    Apr 1 at 8:06 am

    Property Features for 545 OAK DRIVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RSF-1
    Parking features
    Driveway
    Interior features
    Ceiling Fans(s), Stone Counters, Thermostat
    Exterior features
    Sliding Doors
    Appliances
    Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    31-19-26-0400-00H-01000
    Size
    1,350 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    3902

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Mohamed Mashhour
    Mohamed Mashhour

    Listing agent Mohamed Mashhour License #3334166

    Listing office FLORIDA REALTY INVESTMENTS 3451 Technological Ave #11, Orlando, FL

    Listing date Jan 22, 2026

    MLS# O6376169 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    TAVARES Income-Producing Duplex For Sale

    This well-maintained duplex in Tavares, Florida, presents a turnkey, income-producing opportunity with a tenant already in place. The property generates $2,000 per month, providing approximately $24,000 in annual rental income. The property features a modern kitchen equipped with stainless steel appliances, granite countertops, and ample cabinet space. Spacious living areas provide room for everyday living and entertaining. A large backyard offers outdoor space, complemented by a storage shed for added functionality. The property is conveniently located near shopping, dining, and local parks. The lot size is 0.2 acres. The property size is 1350 square feet. The zoning is RSF-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.744667
    Latitude
    28.797952

    Nearby Similar for Sale

    • $1,300,000
      5,124 SF

      Tavares Office Buildings For Sale

      Two office buildings totaling over 5,100 SF on 1.25 acres.
      915 E ALFRED STREET, TAVARES, FL 32778
      View Details
    • $374,900
      2,549 SF

      TAVARES Triplex: Investment Opportunity

      Income-producing triplex in Tavares with upside potential.
      708 N SAINT CLAIR ABRAMS AVENUE, TAVARES, FL 32778
      View Details
    • $1,200,000

      Downtown Tavares Office Building For Sale

      8,500 sq ft office building in downtown Tavares.
      131 W MAIN STREET, TAVARES, FL 32778
      View Details
    • $500,000
      2,070 SF

      Waterfront Commercial Property on Chain

      Waterfront commercial property with redevelopment potential on the Chain of Lakes.
      1050 W BURLEIGH BOULEVARD, TAVARES, FL 32778
      View Details
    • $799,000
      4,384 SF

      Downtown Tavares Mixed-Use Opportunity

      Versatile mixed-use property in downtown Tavares, Florida.
      227 E MAIN STREET, TAVARES, FL 32778
      View Details
    • $995,000
      3,721 SF

      Office Building on Highway 441

      Office building with high visibility and ample parking.
      205 E BURLEIGH BOULEVARD, TAVARES, FL 32778
      View Details
    • $990,000
      6,183 SF

      Retail and Office Investment Property

      Retail and office property on 0.90 acres in Lake County.
      100 W Burleigh Blvd, Tavares, FL
      View Details
    • $499,000
      1,662 SF

      Downtown Tavares Mixed-Use Investment Property

      Two-unit mixed-use building in historic downtown Tavares, fully occupied.
      107 W MAIN STREET, TAVARES, TAVARES, FL 32778
      View Details
    • $6,475,000
      43,153 SF

      Retail Space For Sale

      Retail property with 7.60% CAP rate and 43,153 SqFt.
      4101 County Rd 561, Tavares, FL 32778
      View Details
    • $1,300,000

      Investment Property in Tavares, Florida

      Investment property available in Tavares, Florida. Cash only, quick close.
      14915 OLD US HIGHWAY 441, TAVARES, FL 32778
      View Details

    FAQs

    What type of property is this?
    Duplex - Turnkey Tavares duplex generating $24,000 annual rental income.
    Where is this duplex located?
    The property is located at 545 OAK DRIVE Tavares, FL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Turnkey, income‑producing property with tenant in place generating $2,000/month ($24,000 annually).; Modern kitchen boasts stainless steel appliances and granite countertops.; Spacious living areas appealing to tenants.
    (407) 484-2181
    We can help!
    Listing Contact
    Mohamed Mashhour
    Mohamed Mashhour
    Real Estate License ID: 3334166
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!