Triplex with Mixed-Use
New
For Sale
$250,000
623 LAKE DORA Drive, Tavares, FL 32778
Residential Income, TAVARES, FL
Property Size2,106 SF
Lot Size0.69 Acres
Price / SF$118.71
Days on Market2
Property Features for 623 LAKE DORA Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
MU
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1
Interior features
Primary Bedroom Main Floor
Exterior features
Private Entrance, Private Mailbox, Sidewalk
Subdivision
TAVARES BAYVIEW REP
View
Lake
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
Size
2,106 SF
Lot size
0.69 Acres
Additional Details
Tenant in Place
Yes
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
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Building materials
Brick, Frame
Roof type
Shingle
Listing Agency:
SLOANE REALTY, LLC
(407) 829-2418
Listed By:
Matt White · License #3106449
(407) 758-3166
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 5 at 10:06PM
MLS# O6455160
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit property contains 2,106 square feet on 0.69 acre and carries MU zoning alongside a mixed-use future land use designation. One unit is occupied; the other two are vacant and need renovation, including foundation work. Known foundation settlement is documented. A 2014 evaluation found no active sinkhole activity, and foundation repair proposals and a prior evaluation are available for review. Public water and sewer serve the site, which has three water meters and three electric meters. A 2022 environmental exhibit identifies approximately 0.55 acre of uplands and 0.14 acre of wetlands.
The property is across Lake Dora Drive from Lake Dora and near downtown Tavares. Any proposed uses, density, or development plans require review and approval by the City of Tavares and are subject to site conditions.
The property is across Lake Dora Drive from Lake Dora and near downtown Tavares. Any proposed uses, density, or development plans require review and approval by the City of Tavares and are subject to site conditions.
Key Highlights
- 0.69‑acre parcel with a 2,106‑square‑foot triplex
- One unit occupied; two vacant units need renovation, including foundation repairs
- MU zoning and mixed‑use future land use designation
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - One apartment is occupied, while the other two require repairs before they can be leased.
Where is this triplex 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 with a 2,106‑square‑foot triplex; One unit occupied; two vacant units need renovation, including foundation repairs; MU zoning and mixed‑use future land use designation
