Under $50k Downtown Tavares Fix & Flip

🏡 Quiet 55+ Tavares Home – Light Rehab in Great Community

This 2 bed, 2 bath, 1,124 sq ft manufactured home is located in a well-kept 55+ community in Lake County with a low HOA of just $35/month. The lot is just over 5,600 sq ft, and the home was built in 1971.

Property needs moderate updating, including a new AC, interior paint, carpet, and roof repair in the summer room. The main roof appears solid. With nearby comps in the $120K–$170K range, this is a solid flip opportunity for a retail buyer or snowbird.

🛠️ Rehab Summary:

• New AC unit needed
• Roof leak in summer room (rest of roof appears good)
• Interior paint & carpet throughout
• Light cosmetic touch-ups

📈 Comps Summary

Sold:

• 1028 Capella Dr – 2/2 | 1,166 sf | Sold $120,000 (5/12/25)
• 31232 Temple Ave – 3/2 | 1,212 sf | Sold $90,000 As-Is (3/19/25)

Active:

• 31151 Valencia Ave – 2/2 | 970 sf | Listed $142,000 – 0.2 mi
• 1007 Belmont Cir – 2/2 | 1,176 sf | Listed $169,900

💰 ARV: ~$130,000
🛠️ Rehab: Moderate
🚫 No Rentals Allowed – Flip or Resell Only
📍 Tavares, FL – 55+ Community with Low HOA