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$280,000
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Property Description
Welcome to a turnkey, income producing opportunity in Tavares with a tenant already in place. This well maintained 3 bedroom, 2 bathroom home generates $2,000 per month, providing approximately $24,000 in annual rental income, making it an ideal addition to any investment portfolio. The property features a modern kitchen with stainless steel appliances, granite countertops, and ample cabinet space, along with spacious living areas that tenants appreciate for everyday living and entertaining. A large backyard offers outdoor space, complemented by a storage shed for added functionality. Conveniently located near shopping, dining, and local parks, this home combines strong rental demand with a desirable location. Secure a solid, cash flowing investment with minimal effort required.
Full Property Details
Full Property Details for 545 Oak Dr
General
- Price: $280,000
- Taxes: $3,902 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6376169
- Updated: 1/29/2026
- Added to Site: 25 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s), Stone Counters, Thermostat
- Appliances: Microwave, Range, Refrigerator
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Sliding Doors
- Deck/Patio: Porch
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Driveway
Location
- Area: 32778 - Tavares / Deer Island
- County: Lake
- Development Name: 32778 - Tavares / Deer Island
- Subdivision: TAVARES SUMMERALL PARK HEIGHTS
- Driving Directions: Continue on Dead River Rd. Drive to Oak Dr Turn left onto Dead River Rd Turn left onto Oak Dr
Community
- Community Name: 32778 - Tavares / Deer Island
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,350
- Sq. Ft. Source: Public Records
- Year Built: 1984
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,550
- Lot Size: 8550
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,902
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TAVARES SUMMERALL PARK HEIGHTS LOT 10 N 1/2 OF LOT 11 BLK H PB 8 PG 44 ORB 6200 PG 489 ORB 6201 PG 2191
- Flood Zone Info: X
- APN: 311926040000H01000
- Property ID: 311926040000H01000
- Block/Lot/Section: 00H
Listed by Florida Realty Investments
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Schools
Schools serving 545 Oak Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Tavares Elementary School 720 East Clifford Street, Tavares, FL 32778 | PK-5 | 1.6 mi |
Tavares Middle School 1335 Lane Park Cutoff Road, Tavares, FL 32778 | 6-8 | 1.9 mi |
Tavares High School 603 North New Hampshire Avenue, Tavares, FL 32778 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 545 Oak Dr
Date
Details
Price
Change
Source
1/28/2026
Listed
$280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 545 Oak Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,902
16%
$199,773
3%
2023
$3,351
7%
$194,748
10%
2022
$3,131
16%
$177,205
30%
2021
$2,690
—
$136,291
124%
2021
$2,690
361%
$60,721
4%
2018
$583
1%
$58,250
2%
2017
$577
-1%
$57,052
2%
2016
$581
—
$55,879
1%
2015
$582
-1%
$55,491
1%
2014
$586
-2%
$55,051
-7%
2019
$597
8%
$59,356
9%
2013
$555
—
$54,238
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 545 Oak Dr
545 Oak Drive, Tavares, FL 32778 (MLS# O6376169) is a Duplex property with 0 bedrooms and 0 full bathrooms. 545 Oak Drive is currently listed for $280,000 and was received on January 28, 2026. Want to learn more about 545 Oak Drive? Do you have questions about finding other Duplex real estate for sale in Tavares? You can browse all Tavares real estate or contact a Coldwell Banker agent to request more information.

