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    107 W Main St, Unit TAVARES Tavares, FL 32778

    For Sale
    $499,000

    Two-unit mixed-use building in historic downtown Tavares, fully occupied.

    Property size:
    1,662 SF
    Lot size:
    0.05 Acres

    Property Features for 107 W Main St

    General Information

    Standard status
    Active
    Size
    1,662 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1918

    Source: GRIZZARD COMMERCIAL REALESTATE Agent DANIEL TATRO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Tavares Mixed-Use Investment Property

    This mixed-use property is located in historic downtown Tavares, the county seat for Lake County. The building is fully occupied with two tenants. The upstairs unit is a renovated two-bedroom, one-and-a-half-bathroom apartment featuring a newly renovated deck and patio with a view of Lake Dora. The downstairs unit is occupied by an established hair salon. Renovations include new windows, appliances, paint, and flooring, as well as a completely new kitchen in the upstairs apartment. Both units have new HVAC units as of 2024. The property offers an investment opportunity with income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Charis Esthetics Studio Facial Spa

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.7282985
    Latitude
    28.8020269

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    FAQs

    What type of property is this?
    Mixed-use property - Two-unit mixed-use building in historic downtown Tavares, fully occupied.
    Where is this mixed-use property located?
    The property is located at 107 W Main St, Unit TAVARES Tavares, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Income-generating investment property with 100% occupancy.; - Prime location in historic downtown Tavares.; - Renovated 2 BR / 1.5 BA apartment with lake views and a newly renovated deck/patio.
    (352) 787-6966
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    Tavares, FL 32778
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    Realmo Value Estimation

    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.

    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.

    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
    107 W Main St, Unit TAVARES Tavares, FL 32778
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