by Global Lifestyle Properties

Check Availability
$228,000
↓ $7K (3%)
● House - For Sale

505 OAK DRIVE

TAVARES, FL 32778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,053 Ft²
$1,166
Est. Monthly

About This Property

Virtually Staged. Enjoy the best of small-town Florida living in this well-maintained 3-bedroom, 1.5-bath home located in Tavares, known as America's Seaplane City. Conveniently situated near downtown, waterfront dining, marinas, and Lake Dora, this property offers both comfort and accessibility.
Inside, you'll find a spacious living area filled with natural light, easy-care tile and laminate flooring, and a functional eat-in kitchen with plenty of potential to make it your own. The primary bedroom includes a private half bath, while two additional bedrooms provide flexibility for family, guests, or a home office.
A converted garage adds valuable bonus space that can serve as a workshop, creative studio, business workspace, or hobby room. Outdoors, a screened patio overlooks the fenced backyard, creating a great setting for entertaining, gardening, pets, or relaxing in the shade. A storage shed provides additional space for tools, equipment, and outdoor essentials.
With no HOA restrictions, there's room for your boat, motorcycle, or other recreational vehicles. Whether you're purchasing your first home, looking to downsize, or seeking a seasonal retreat, this property offers versatility, value, and a desirable location.
Unit Size
1,053 Ft²
Days on Market
93 days
Land Size
0.20 acres
Price per sqft
$217
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
1985

Listed By

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Last updated: 16 days ago (Stellar MLS #O6419927)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $228,000
↓ $7K (3%)
Price Decreased
Sep 10, 2026 Price Decreased $235,000
↓ $5K (2.1%)
Price Decreased
Aug 7, 2026 Price Decreased $240,000
↓ $5K (2%)
Price Decreased
Jun 25, 2026 Listed by MARK SPAIN REAL ESTATE $245,000
Listed by MARK SPAIN REAL ESTATE
Aug 21, 2025 Price Decreased $272,900
↓ $5K (1.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Open Floorplan, Thermostat
Appliances: Electric Water Heater, Microwave, Range, Refrigerator
Flooring Type: Carpet, Ceramic Tile, Laminate
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 5
Exterior Details
Square Footage: 1053
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Completed
Architectural Style: Ranch, Traditional, Florida
Year Built: 1985
Building Area Total: 1053
Levels: One
Other Structures: Shed(s)
Building Area Units: Square Feet
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Rear Porch, Screened
Lot Features: In County, Sidewalk
Lot Size Area: 8550
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8550
Tax Lot: 7
Water Source: Public
Financial Details
Tax Annual Amount: $557
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 7
  • Garage Square Area: 297
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 80
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,550
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,053
  • Gross Building Area: 1,350
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAVARES SUMMERALL PARK HEIGHTS
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: TAVARES SUMMERALL PARK HEIGHTS LOT 7 N 1/2 LOT 8 BLK H PB 8 PG 44 ORB 1977 PG 2490

Neighborhood

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

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 58C
  • Account Number: 2749989
  • Subdivision Tract Number: 0400
  • Parcel: 31-19-26-0400-00H-00700
  • Block: H
  • Lot: 7
  • Meridian: SEC 31 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.7984
  • Longitude: -81.7446

    Address

  • Full Address: 505 Oak Dr
  • Address - House Number: 505
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Tavares
  • Carrier Code: C006
  • 4-Digit Zip Code: 3914
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $53,448
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 240,205
  • High Value: 279,719
  • Low Value: 200,690

    Market Valuation

  • Market Total Value: $180,230
  • Market Land Value: $47,460
  • Market Improvement Value: $132,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2001
  • Current Sale Recording Date: Jul 23, 2001
  • Current Sale Price:
  • Current Sale Document Type: 27
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 Summeral Park Heights


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Frequently Asked Questions

When was property at 505 Oak Drive built and last sold?
The property at 505 Oak Drive was built in 1985 and last sold on Jun 13, 2001 for $18,000.
How much is this home worth?
The estimated value of the home located at 505 Oak Drive is $230,853.
What are some comparable homes to 505 Oak Drive?
There are currently no comparable homes to 505 Oak Drive.