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    Dora Ave Tavares, FL 32778

    Sponsored
    For Sale
    $590,000

    1.75 Acres, 12 Units/Acre, Tavares, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Exceptional multifamily/commercial investment opportunity in Tavares, Florida. This 1.75-acre parcel (1.2 acres uplands), zoned RMF-2, allows for up to 12 units per acre. Ideally situated on Crown Lake, the property boasts prime visibility from US Highway 441, directly adjacent to the Kohl's shopping plaza. The location offers a blend of thriving retail, commercial, and medical businesses, with the acclaimed AdventHealth Waterman Hospital nearby. Convenient access to the Lake County Courthouse and other government offices further enhances its appeal. Water and sewer are readily available. The property's dimensions are approximately 150 feet by 540 feet. This fee-simple ownership presents a rare chance to develop a high-demand multifamily project in a bustling area. All information is believed accurate but not guaranteed and is subject to verification. APN: 3777626. Asking price: $590,000.

    Property Features for 0 Dora Ave

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • 1.75‑acre site with 1.2 acres of uplands, dimensions approximately 150' x 540'.
    • RMF‑2 zoning allowing up to 12 units per acre.
    • Adjacent to Kohl's.
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.7064955
    Latitude
    28.8168563

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    FAQs

    What type of property is this?
    Land - 1.75 Acres, 12 Units/Acre, Tavares, FL
    Where is this land located?
    The property is located at Dora Ave Tavares, FL.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: 1.75-acre site with 1.2 acres of uplands, dimensions approximately 150' x 540'.; RMF-2 zoning allowing up to 12 units per acre.; Adjacent to Kohl's.
    (352) 396-9136
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    Dora Ave 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
    Dora Ave Tavares, FL 32778
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