Overview
- Triplex, Residential Income
- 5
- 3
- 3195 Sqft
Description
Price Improvement – Prime Investment Opportunity in Tavares! Don’t miss this exceptional income-producing triplex located at 708/710/712 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heater, giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1, 200 per unit, creating substantial income growth potential. Current Annual Rental Income $24, 600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4, 093.51 Insurance: $3, 413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside | Unit B in shed | Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!
Address
Open on Google Maps-
Address: 708 N SAINT CLAIR ABRAMS AVENUE
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City: Tavares
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State/county: FL
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Zip/Postal Code: 32778
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Country: US
Details
Updated on May 7, 2026 at 4:52 pm-
Property ID HZO6373379
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Price $374,900
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Property Size 3195 Sqft
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Land Area 0.25 Acres
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Bedrooms 5
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Bathrooms 3
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Year Built 1949
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, VA Loan
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Roof Shingle
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Utilities Electricity Connected, Water Connected
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Sewer Public Sewer
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Cooling Central Air, Mini-Split Unit(s)
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Heating Electric
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Flooring Tile
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County Lake
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Property Type Residential Income
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Elementary School Tavares Elem
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Middle School Tavares Middle
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High School Tavares High
Mortgage Calculator
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