1000 E CAROLINE St Tavares, FL 32778
New
40-unit multifamily community with HUD-backed rental income in Tavares, Florida.
Type:Investment
Property size:
32,000 SFLot size:
3.56 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 5
- Last Refresh:
- Apr 24 at 5:36 pm
Property Features for 1000 E CAROLINE St
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Lot size
- 3.56 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1979
Listing agent Kyler Moreland License #3539998 (407) 496-4196
Listing office REMAX SUNSTATE REALTY (407) 496-4196
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of REMAX SUNSTATE REALTY
Overview
Tavares Multifamily Community For Sale
Caroline Court is a 40-unit multifamily community located in Tavares. Situated on approximately 3.56 acres, the property consists of 8 residential buildings totaling approximately 32,000 square feet. Constructed in 1979, the community features a mix of 1-bedroom, 2-bedroom, and 3-bedroom floor plans. The property has maintained strong performance with historically high occupancy and minimal vacancy. The majority of rental income is HUD-supported. Resident amenities include on-site laundry facilities, a maintenance area, and ample parking. Located near Downtown Tavares, the Seaplane City corridor, and major Lake County commuter routes, the asset is positioned within one of Central Florida’s steadily growing workforce housing markets. The property offers a combination of cash flow stability, scale, and long-term upside. The property has a bike score of 30, indicating it is somewhat bikeable, and a walk score of 30, indicating car-dependent accessibility.
Location Intelligence
Current Use by Public Records
M & M Sealcoating ...
General Contractor
Caroline Court Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Tavares
- County
- Lake
- State
- Florida
- Longitude
- -81.7178494
- Latitude
- 28.8055219
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 40-unit multifamily community with HUD-backed rental income in Tavares, Florida.
Where is this apartment building located?
The property is located at 1000 E CAROLINE St Tavares, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: HUD‑supported rental income ensures dependable cash flow.; 40‑unit multifamily community offers immediate scale in the Tavares market.; Historically high occupancy and minimal vacancy demonstrate strong performance.
