107 W MAIN STREET TAVARES Tavares, FL 32778
Two-unit mixed-use building in historic downtown Tavares, fully occupied.
Property Features for 107 W MAIN STREET TAVARES
General Information
- Standard status
- Active
- Size
- 1,662 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1918
Listing office GRIZZARD COMMERCIAL REALESTATE (352) 787-6966
Listing date Aug 31, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of GRIZZARD COMMERCIAL REALESTATE
Investment Insights
Based on property information with market context.
Key Highlights
- 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.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $24.00 |
| − Vacancy | −$4.8k | −$2.88 |
| EGI | $35.1k | $21.12 |
| − OpEx | −$13.2k | −$7.92 |
| NOI | $21.9k | $13.20 |
