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Presented by
Jean Cameron |
1121 OAKLAND DRIVE, Tavares, FL, 32778 | $114,900
Opportunity Awaits – Bring Your Vision to Life!
Discover the potential in this solid block home located in a desirable 55+ community. Situated on a spacious corner lot, this property offers an excellent opportunity for buyers looking to customize and create their ideal Florida retreat.
Key improvements have already been started, including a new roof and A/C system installed in 2023. Exterior paint is included, providing a head start on enhancing the home’s curb appeal. Appliances are also included and ready for installation, along with light fixtures waiting to be added.
Inside, the home is ready for renovation and personalization. The kitchen will require rebuilding, windows need replacement, and beautiful terrazzo flooring lies beneath the existing carpet, offering the potential to restore a timeless feature. Enjoy the benefits of a low HOA fee of only $23/month in a golf cart-friendly community. Residents can conveniently travel by golf cart to downtown Tavares to enjoy waterfront sunsets, dining, shopping, and entertainment. Easy access across U. S. 441 opens the door to even more nearby amenities. Whether you’re an investor, handyman, or homeowner looking for a project, this property presents a rare opportunity to add value and make it your own. Property is being sold AS IS. Seller will make no repairs. Cash or renovation financing may be preferred. Don’t miss your chance to transform this hidden gem into something truly special!
Features
- Rooms: 7
- Bedrooms: 2
- Baths: 1 full
- Laundry: Other
- Year Built: 1962
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 822
- Acreage: 0.11
- Est. Taxes: $1,608
- HOA Fee: $43 Monthly
- Adult Communities: Yes
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
- MLS#: G5092339
- Days on Market: 446 days
- Website: https://www.raveis.com
/prop/G5092339/1121oaklanddrive_tavares_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Jean CameronLicensed Associate Real Estate Broker
914.645.7157
Jean.Cameron@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1121 OAKLAND DRIVE, Tavares, FL, 32778
$114,900
Jean Cameron
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.645.7157
Jean.Cameron@raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $91,920 | $91,920 | $91,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $134 | $134 | $134 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $551 | $580 | $763 |
| Total Monthly Payment | $760 | $789 | $972 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388