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$1,000,050

Beds
3
Baths
2.5
sq ft
2,353

32545 Lakeshore Dr, Tavares, FL 32778

32545 Lakeshore Dr

TAVARES, FL 32778

  • 98 days on market
BACK ON MARKET...LOCATION, LOCATION, LOCATION…Do Not Wait To Preview this incredible LAKE DORA, LAKEFRONT HOME! Incredible opportunity to own over 1 acre of direct access property on Lake Dora which is part of the Harris Chain of 7 Lakes! This special lakefront home is just outside of Mt Dora city limits, which means no municipalities telling you what you can and can’t do on your property also NO HOA to deal with. You want to build an amazing, infinity edge pool with a Bungalow you can do it!! You want to add a multi-car garage with an apartment above, do it…the possibilities are really endless…you can make this your personal lake front compound. THIS PROPERTY IS A MUST SEE, there is nothing else like it available in the area! Ready for Owner or vacation rental, a GREAT HOME or FANTASTIC INVESTMENT OPPORTUNITY. Home has been completely gutted and put back together in 2018 keeping the unique features and attributes of this 1940’s home, its truly is 1 of a Kind! Home features 3 bedrooms, 2.5 baths a gourmet kitchen, game room with wet bar including a bar refrigerator and ice maker, this home is set up to entertain or chill and relax at the lake. The Great room is special with large wood burning fireplace and expansive windows across the entire back of the home overlooking your MILLION DOLLAR VIEW. Once you head outside you really can soak up nature an unwind from city life. There is a cabana bar and grilling area, plenty of patio space and a freeform paver-stone pathway to the lake and your private, covered dock with electric boat lift…just bring your toys and you are ready to play. Plenty of guest parking, RV and Boat parking. This property is @ 5 minutes to historic downtown Mt Dora which hosts numerous local events and festivals. This property is an incredible opportunity that is just going to keep rising in value…they aren’t making any more in county, direct access, 1+acre lots near Mt Dora on the Harris Chain. THIS IS THE ONE YOU’VE BEEN WATING FOR! Do Not Wait...HOME WON'T LAST LONG AT THIS OFFERING!! *** Property is NOT For Rent – FOR SALE ONLY ~ Please Do Not get Scammed!

Details

Property type

Single Family Residence

Est. home value

$648,596

Lot size

1.19 acres

Price per sq ft

$426

Year built

1940

Annual property taxes

$8,242

HOA

No

Price History

09/25/2024
StellarMLS

StellarMLS #O6233236

Listed
$1,000,050
09/14/2024
StellarMLS

StellarMLS #O6233236

Pending
$1,000,050
08/16/2024
StellarMLS

StellarMLS #O6233236

Listed
$1,000,050

Schools & Community

Elementary school: 

Tavares Elem

Middle school: 

Tavares Middle

High school: 

Tavares High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$634,687
Asking price
$1,000,050
Closing costs (~8% of asking)
-$80,004
Est. remaining loan balance
-$285,359
Cash to seller
$634,687

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2020

Original loan amount

$315,000

Est. remaining balance

$285,359

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Lance Long and Tina Long

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 11:20 AM

Listing updated: 10/05/2024 at 3:08 PM

Listed by: Mary Barker, ORLANDO REALTY & PROPERTY MGNT Phone #: (407) 641-5782

MLS: StellarMLS #O6233236

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