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Commercial Land with Existing Triplex

623 LAKE DORA Drive, Tavares, FL 32778

For Sale
New
$250,000

Land, TAVARES, FL

Property SizeContact for details
Lot Size0.69 Acres
Days on Market7

Property Features for 623 LAKE DORA Drive

General Information

Property type Land
Property subtype Other
Zoning MU
Subdivision TAVARES BAYVIEW REP
Lot features City Limits, Near Marina, Sidewalk, Wetlands
View Lake, Water
Directions FL-429 S to FL-46 W in Lake County. Take the FL-46 W exit from FL-453 Continue on FL-46 W. Take Lakeshore Dr to Lake Dora Dr in Tavares
Standard status Active
APN 28-19-26-1600-000-00009
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TAVARES REPLAT OF BAYVIEW W 150 FT OF E 735 FT OF S 200 FT PB 11 PG 84 ORB 5997 PG 1389
Tax Annual Amount 3348
Legal Description TAVARES REPLAT OF BAYVIEW W 150 FT OF E 735 FT OF S 200 FT PB 11 PG 84 ORB 5997 PG 1389

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: SLOANE REALTY, LLC
Listed By: Matt White · License FL #3106449
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 10 at 3:06AM
MLS# O6455476

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.

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Investment Insights

Based on property information with market context.

This 0.69-acre commercial land parcel includes an existing triplex and is zoned MU. Public water and sewer serve the site, which has paved frontage and sidewalks along Lake Dora Drive. A 2022 environmental exhibit identifies approximately 0.55 acre of uplands and 0.14 acre of wetlands. Known foundation settlement affects the existing structure; repair proposals and a prior neutral evaluation are available, with the 2014 evaluation reporting no active sinkhole activity. Independent assessments are advised.

The property sits across from Lake Dora, with lake views, and is within Tavares city limits. The Mixed Use future land use designation indicates potential residential density of up to 25 units per acre. Development options and density are subject to site conditions, city review, and required approvals; buyers should verify feasibility with the City of Tavares Planning and Zoning.

Key Highlights

  • 0.69‑acre parcel zoned MU
  • Existing triplex on site
  • Public water and public sewer

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center Electrical Service HVAC Service Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 32778, FL

23,993
Population
12,720
Households
1.9
Avg Household Size
52
Median Age
25%
College-Educated
88%
High-School Grad
25.4 sq mi
ZIP Area
945
Density / Sq Mi
$61,815
Median Household Income
$40,942
Median Earnings
$1,384
Median Rent
$241,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Tavares

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - An existing triplex, public water and sewer, and paved street frontage support current use alongside future site planning.
Where is this commercial land located?
The property is located at 623 LAKE DORA Drive Tavares, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.69‑acre parcel zoned MU; Existing triplex on site; Public water and public sewer
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