INVESTOR SPECIAL! Nestled on the serene banks of Lake Eustis, this captivating 2-bedroom, 1-bathroom gem presents an unparalleled opportunity for investors and dream-home builders alike. Boasting direct lake access, this property features its own private boathouse, equipped with a boat lift and a sturdy dock, offering an idyllic lakeside lifestyle. While the home currently requires some TLC, its potential is as vast as the views it offers. Whether you're looking to execute a stunning flip or construct your dream lakeside retreat, this property provides the perfect canvas. The existing structure includes two cozy bedrooms, a functional bathroom, and living spaces that radiate with possibilities, all begging to be transformed into a modern haven. The real treasure lies in the outdoor offerings; imagine waking up to tranquil lake views, spending your days boating or fishing directly from your backyard, and enjoying evenings under the stars on your private dock. This investor special is not just a house; it's a gateway to a lifestyle most only dream of, all within the picturesque setting of Lake Eustis. Seize the opportunity to create something truly special with this lakeside property. Whether for a savvy investment or the first step toward your lakeside dream home, the potential here is as endless as the horizon. Don't let this rare find slip away – transform this into the retreat or profitable flip you've always envisioned.
Sold for $550,000 on 05/17/24
$550,000
330 Banning Beach Rd, Tavares, FL 32778
2beds
1,080sqft
Single Family Residence
Built in 1981
0.26 Acres Lot
$537,800 Zestimate®
$509/sqft
$1,529 Estimated rent
Home value
$537,800
$489,000 - $586,000
$1,529/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 19, 2024 at 03:50pm
Listing Provided by:
Michelle Bachmann 352-933-3300,
COLDWELL BANKER VANGUARD LIFESTYLE REALTY 800-948-0938
Bought with:
Brian Whalen, 3466856
EXP REALTY LLC
Leigh Ann Whalen, 3427790
EXP REALTY LLC
Source: Stellar MLS,MLS#: G5079274
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Dimensions: 15x11.5
Kitchen
- Level: First
- Dimensions: 9x8
Living room
- Level: First
- Dimensions: 18x16
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: Inside
Features
- Open Floorplan, Primary Bedroom Main Floor
- Flooring: Ceramic Tile
- Has fireplace: Yes
Interior area
- Total structure area: 1,542
- Total interior livable area: 1,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Privileges, Fishing Pier, Lift, Lift - Covered
- Body of water: LAKE EUSTIS
Lot
- Size: 0.26 Acres
- Dimensions: 73 x 157
Details
- Additional structures: Boat House
- Parcel number: 201926010000000H01
- Zoning: RSF-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Location
- Region: Tavares
- Subdivision: TAVARES BANNING BEACH
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $550,000$509/sqft |
Source:  Stellar MLS #G5079274 Report a problem | ||
| 4/7/2024 | Pending sale | $550,000$509/sqft |
Source: Stellar MLS #G5079274 Report a problem | ||
| 3/8/2024 | Listed for sale | $550,000+30455.6%$509/sqft |
Source: Stellar MLS #G5079274 Report a problem | ||
| 9/24/2019 | Listing removed | $1,500$1/sqft |
Source: Leesburg for Rent Property Management, LLC Report a problem | ||
| 8/6/2019 | Price change | $1,500-16.7%$1/sqft |
Source: Leesburg for Rent Property Management, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,871 +7.2% | $300,590 +7.4% |
| 2023 | $5,479 +8.7% | $279,890 +10% |
| 2022 | $5,043 +10.4% | $254,450 +10% |
Find assessor info on the county website
Neighborhood: 32778
Nearby schools
GreatSchools rating
- 5/10Tavares Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Tavares Middle SchoolGrades: 6-8Distance: 3.6 mi
- 4/10Tavares High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$537,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$537,800