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Tavares 32778 Lake Frances Estates
1681 ELKHART CIRCLE
$172,000
● Mobile Manufactured - Off Market

1681 ELKHART CIRCLE

TAVARES, FL 32778
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,125 Ft²
$913
Est. Monthly
$50
HOA / Fees
15.07%
Cap Rate

About This Property

Welcome to Lake Frances Estates, a vibrant 55+ community in Tavares where life is easy and fun! This charming 2-bedroom, 2-bathroom home boasts a spacious family room perfect for entertaining, with plenty of natural light and views of the surrounding neighborhood. The seller, recently relocated due to a life change, is motivated to sell this solid and well-maintained home. Enjoy your morning coffee in the serene screen room or head out to your workshop. As a resident of this golf cart-friendly community, you'll love the convenience of cruising to the nearby grocery store, restaurants, and shops. Plus, take in the breathtaking sunsets without the hassle of downtown parking. Lake Frances Estates is renowned as one of Lake County's best communities - make it yours today!
Unit Size
1,125 Ft²
Days on Market
64 days
Land Size
0.14 acres
Price per sqft
$154
Property Type
Mobile Manufactured
Property Taxes
$13
HOA Dues
$50
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (Stellar MLS #G5102126)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 7, 2025 In contract -
In contract
Sep 14, 2025 Listed by OLYMPUS EXECUTIVE REALTY INC $173,000
Listed by OLYMPUS EXECUTIVE REALTY INC
Jul 30, 2010 Sold
Premium
Sold
Apr 15, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 258
  • Parking Space Count: 1
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,125
  • Gross Building Area: 1,341
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAVARES LAKE FRANCES ESTATES
  • Land Acres: 0000000149
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: TAVARES LAKE FRANCES ESTATES UNIT 4 LOT 701 PB 26 PGS 10-11 ORB 3932 PG 1853

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030803

Geography

  • Assessors Map Reference: 56
  • Account Number: 3033132
  • Subdivision Tract Number: 0475
  • Parcel: 21-19-26-0475-000-70100
  • Lot: 701
  • Meridian: SEC 21 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.8178
  • Longitude: -81.7198

    Address

  • Full Address: 1681 Elkhart Cir
  • Address - House Number: 1681
  • Address - Street Name: Elkhart
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Tavares
  • Carrier Code: C003
  • 4-Digit Zip Code: 2551
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,216
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 200,998
  • High Value: 240,662
  • Low Value: 161,333

    Market Valuation

  • Market Total Value: $116,570
  • Market Land Value: $40,550
  • Market Improvement Value: $76,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,230

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2010
  • Current Sale Recording Date: Jul 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010076688
  • Previous Sale Recording Date: Apr 15, 1999
  • Previous Sale Contract Date: Apr 12, 1999
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Frances Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1536 ft²

Average Home Age

54 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1019 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1019 E Caroline Street, TAVARES, FL, 32778 Listing by Michele Pietrowski
Unit for rent at 1075 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1075 E Caroline Street, TAVARES, FL, 32778 Listing by Sherrie Bodner
Unit for rent at 1111 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1111 E Caroline Street, TAVARES, FL, 32778 Listing by Michele Pietrowski

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Josh Duclos
OLYMPUS EXECUTIVE REALTY INC
Last Updated: 12 months ago
Data Source: Stellar MLS, MLS# G5102126
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1681 Elkhart Circle built and last sold?
The property at 1681 Elkhart Circle was built in 1989 and last sold on Jul 28, 2010 for $74,500.
How much is this home worth?
The estimated value of the home located at 1681 Elkhart Circle is $174,730.
What are some comparable homes to 1681 Elkhart Circle?
There are currently no comparable homes to 1681 Elkhart Circle.
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