by Global Lifestyle Properties

Check Availability
$285,000
● House - In Contract

2463 MARTINS RUN

TAVARES, FL 32778
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,547 Ft²
$1,943
Est. Monthly
$50
HOA / Fees

About This Property

Under contract-accepting backup offers. Short Sale. Approved and appraisal is completed. Opportunity knocks in the heart of Lake County! This Tavares FL home for sale offers 4 bedrooms, 2.5 baths, a spacious layout, and solid construction, all priced below market value with strong upside potential. Located near Tavares lakes, schools, and everyday amenities, this property is positioned in a high-demand area of Lake County. The functional floor plan and generous square footage provide a solid foundation for improvements and the potential to build sweat equity. If you are searching Tavares FL homes for sale with below market value pricing and value-add potential, this property offers a compelling opportunity.
Unit Size
2,547 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$112
Property Type
House
Property Taxes
$493
HOA Dues
$50
Year Built
2007

Listed By

Patti O'Malley
OPTIMA ONE REALTY, INC.

Payment Calculator

Cap Rate Calculator

Last updated: 21 days ago (Stellar MLS #G5106726)

Price History

Date / Event Date Event Price
Oct 18, 2026 In contract -
In contract
Sep 9, 2026 Price Decreased $285,000
↓ $17K (5.6%)
Price Decreased
Aug 7, 2026 Relisted $315,000
Relisted
Aug 7, 2026 Price Decreased $302,000
↓ $13K (4.1%)
Price Decreased
May 29, 2026 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Walk-In Closet(s), Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Thermostat
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Linoleum
Laundry Features: Laundry Room
Rooms: 8
Exterior Details
Square Footage: 2547
Square Footage Source: $0
Property Condition: Completed
Year Built: 2007
Building Area Total: 3137
Levels: Two
Building Area Units: Square Feet
Construction Materials: Block, Wood Siding
Patio and Porch Features: Patio
Lot Features: Corner Lot, Private
Lot Size Area: 7102
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 7102
Tax Lot: 47
Water Source: Public
Financial Details
Tax Annual Amount: $5,912
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Heat Pump
Sewer : Private Sewer
Location Details
HOA Fee: $50
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 93
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,106
  • Total Building Area: 2,988
  • Gross Building Area: 2,988
  • Building Area: 2,547
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,547
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARTINS GROVE
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: MARTINS GROVE PB 56 PG 60-62 LOT 47 ORB 6194 PG 448

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030805

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 56 PG 60-62
  • Account Number: 3841934
  • Subdivision Tract Number: A-G
  • Parcel: 31-19-26-0210-000-04700
  • Lot: 47
  • Meridian: SEC 31 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.7955
  • Longitude: -81.7493

    Address

  • Full Address: 2463 Martins Run
  • Address - House Number: 2463
  • Address - Street Name: Martins
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Tavares
  • Carrier Code: C006
  • 4-Digit Zip Code: 5181
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,310
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 343,894
  • High Value: 373,113
  • Low Value: 314,676

    Market Valuation

  • Market Total Value: $339,113
  • Market Land Value: $47,460
  • Market Improvement Value: $291,653

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,080

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 98732
  • Previous Sale Recording Date: Nov 10, 2020
  • Previous Sale Contract Date: Nov 05, 2020
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Martin's Grove


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 416 W Ianthe Street, TAVARES, FL, 32778

$1,150 /mo

  • 1 Bed
  • 1 Bath
  • 624 ft²
416 W Ianthe Street #2, TAVARES, FL, 32778 Listing by Z Colon
Unit for rent at 743 E Alfred Street, FL, 32778

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
743 E Alfred Street, FL, 32778 Listing by Karen M. Riscinto
Unit for rent at 1210 E Caroline Street, TAVARES, FL, 32778

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,427 ft²
1210 E Caroline Street, TAVARES, FL, 32778 Listing by Sara Barlow


Frequently Asked Questions

When was property at 2463 Martins Run built and last sold?
The property at 2463 Martins Run was built in 2007 and last sold on Aug 11, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 2463 Martins Run is $287,850.
What are some comparable homes to 2463 Martins Run?
There are currently no comparable homes to 2463 Martins Run.