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26645 County Road 561, Tavares, FL 32778

$1,250,000

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Property Description

Beautiful Waterfront Investment Property on Little Lake Harris Canal!Discover this rare opportunity to own a waterfront multi-unit property situated on one of Little Lake Harris's scenic canals. This property sits on .45 acres and offers exceptional income potential with both residential units and boat slip rentals. Direct access to Lake Harris via private canal frontage.Spacious .45-acre lot with waterfront views. Off-street parking with 8 designated spaces. The dock has 8 Boat Slips: Potential for additional monthly rental income-available to tenants or outside individuals. Four Units Total - each unit is 2 bedrooms, 1 bath, 973 sq. ft.Private One-Car Garage for each unit.Washer & Dryer Hook-Up in every unit in the garage.Currently rented at $1,500/month per unit.Building has a metal roof, strong rental history, and prime waterfront location, this property is perfect for investors looking for a steady income-producing asset with room for expansion.

26645 County Road 561 | MLS# G5102891

This multi-family property located at 26645 County Road 561, Tavares, FL 32778 is currently listed for sale with an asking price of $1,250,000. Search Tavares real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.45 Acres
Roof Type: Metal
Taxes: $8,800
Year Built: 1979
Square Feet: 3,896

Amenities

Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Sliding Doors

Feature Descriptions

Annual Net Income: 96000.00
Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Body of Water: LITTLE LAKE HARRIS
Days on Site: 146
Directions: From Hwy 441, take 19 South. Left on 561. Follow 561 roughly 3.8 miles property will be on your right. Will be after Vulcan Materials
Exterior: Block
Flood Zone Code: X.AE
Flooring: Ceramic Tile
Foundation: Block, Slab
Frontage Canal Fresh: 189
HOA Fee: 1200/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot: In County, Paved
Lot Dimensions: 0.45
Ownership: Fee Simple
Patio/Porch: Covered, Enclosed
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Special View Info: Water
Units: 4
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Canal - Freshwater
Water Access Y/N: Yes
Waterfront Features: Canal - Freshwater, Assigned Boat Slip
Water View: Canal, Lake - Chain of Lakes
Zoning: RP

Local Schools

High School: Tavares High
Middle School: Tavares Middle
Elementary School: Astatula Elem

Listed By / Shown By

Listed By

Agency Name: DAVE LOWE REALTY, INC.
Agency Contact: 352-383-7104

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 7,125.61 per month $6,027.69 Principal & Interest $733.33 Property Tax $364.58 Homeowner's Insurance

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