Terrace Dr., Tavares, FL 32778

no images were found

This waterfront 2 bedroom, 1.5 bath manufactured home in Tavares has fresh water canal access that connects to Lake Harris and Lake Eustis. The home has a nice carport and a private boat slip that is covered and has water and electrical hookups. It also has a screened porch off the back kitchen area. An additional 325 square foot bonus room was added onto the house, which brings the living space to around 1350 square feet. Property also has an updated AC unit, updated refrigerator and just had the seawall replaced. There is currently a tenant on month to month paying below market rent at $800 per month. This is a 55+ community, where updated mobile homes on the canal often sell under 21 days. Owner can be under 55 years of age, they just cannot occupy the property themselves.

Imperial Mobile Terrace, HOA: $300

Est. Rehab: $17,300

Current Rent: $800

Market Rent: $1,000

Est. ARV: $145,000

  • Address: Terrace Drive, Tavares, Florida 32778 
  • Price: $87,500 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms: 1.5 
  • Garage/Carport: Carport & Covered Boat Slip 
  • Total Square Feet: 1024 
  • Construction Type: Manufactured 
  • Year Built: 1970 

Comments are closed.