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$3,600,000

Under contract-accepting backup offers. Exceptional opportunity to acquire Caroline Court, a 40-unit multifamily community in the heart of Tavares, offering immediate scale, stable occupancy, and the security of HUD-backed rental income. Situated on approximately 3.56 acres, this well-established apartment community consists of 8 residential buildings totaling approximately 32,000 square feet, with a desirable mix of 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Built in 1979, the property has maintained strong performance with historically high occupancy and minimal vacancy, supported by consistent demand for affordable housing in the Tavares market. A major investment advantage is that the majority of rental income is HUD-supported, creating dependable cash flow and reducing collection volatility. The property also offers attractive resident amenities including on-site laundry facilities, maintenance area, and ample parking, further strengthening long-term tenant retention. Located near Downtown Tavares, the Seaplane City corridor, and major Lake County commuter routes, this asset is positioned within one of Central Florida’s steadily growing workforce housing markets. Whether acquired as a standalone stabilized HUD asset or as part of a larger workforce housing strategy, this property offers a compelling combination of cash flow stability, scale, and long-term upside.This is a 40-unit asset and can also be sold as part of a larger 112-unit portfolio. Contact me directly for full portfolio details, pricing, and package information.

40 Beds ⋅ 40 Baths ⋅ Tavares St Clair Abrams Ext SubDv. ⋅ 32778 Zip Code

1000 E Caroline Street, Tavares

$1,200,000

CANAL FRONT with ACCESS TO THE HARRIS CHAIN OF LAKES, Set on 2.32 PICTURESQUE ACRES inside the GATED ~ EQUESTRIAN COMMUNITY of Beauclair Ranch Club, this CUSTOM BUILT ~ 6-bedroom / 4-bath ~ POOL HOME with a 4-car detached garage offers the perfect blend of privacy, luxury, and energy-efficient living! Major updates lead the way, including ***FULLY OWNED SOLAR PANELS that are currently providing COMPLETE ENERGY COVERAGE*** – often producing a monthly surplus, a BRAND NEW COOKTOP (2026), EXTERIOR PAINT (2023), and septic service completed in (2023). A 210 ft well and double-pane windows add to the home’s long-term efficiency and peace of mind. From the moment you arrive, the property’s expansive setting and scenic views create an impressive first impression. The home’s detached 4-car garage with workshop space is connected by a covered walkway, offering plenty of room for vehicles, hobbies, storage, or recreational equipment. The original 3-car garage has been thoughtfully converted into a spacious sixth bedroom with a full bath, making it an ideal IN-LAW SUITE, guest retreat, or private living quarters. Inside, elevated design details are found everywhere you turn, including CROWN MOLDING throughout, ENGINEERED HARDWOOD flooring in the main living areas, and a light, bright OPEN CONCEPT layout designed for both everyday living and entertaining. The 3-WAY SPLIT BEDROOM floor plan provides excellent separation of space, and nearly every bedroom features walk-in closets. The home offers a variety of functional spaces including a FORMAL DINING room, a dedicated OFFICE with a built-in desk, and a convenient MUDROOM/laundry room. At the center of it all is the gorgeous chef’s kitchen, designed to impress with an OVERSIZED ISLAND offering seating on both sides, granite countertops, rich cabinetry, decorative backsplash, STAINLESS STEEL APPLIANCES, beverage refrigerator, and the brand new cooktop with a custom range hood that seamlessly matches the cabinetry. The kitchen flows effortlessly into the light filled casual dining space and the spacious living room, making it an entertainer’s dream! The living room features a timeless stacked-stone WOOD BURNING FIREPLACE and TRIPLE SLIDING GLASS DOORS that open wide to the COVERED LANAI and SCREENED POOL & SPA, creating the ultimate INDOOR/OUTDOOR Florida lifestyle. The PRIMARY SUITE is privately positioned away from the other bedrooms, offering a peaceful retreat with a decorative tray ceiling, abundant natural light, direct access to the lanai and pool, a sitting area, DUAL WALK-IN CLOSETS, and a well-appointed en-suite bath featuring dual sinks and a massive CUSTOM WALK-IN SHOWER. Outside, the sprawling property provides beautiful open views, privacy, and room to breathe, all within the sought-after Beauclair Ranch Club, a gated equestrian community known for its spacious homesites and serene setting. Despite the peaceful acreage lifestyle, you are just off SR 448 with quick access to US-441, making it easy to reach shopping, dining, and daily conveniences throughout Mount Dora, Tavares, and the surrounding Lake County area. With fully owned solar, a flexible multi-generational layout, resort-style pool living, and acreage inside a gated equestrian community (bring your horses!), this exceptional property truly offers everything you could want in a home. Some furnishings are negotiable, making it even easier to move right in and start enjoying the lifestyle. Call today to schedule a tour!

6 Beds ⋅ 4 Baths ⋅ Beauclair Ranch Club Sub SubDv. ⋅ 32778 Zip Code

27324 Grand Oak Lane, Tavares