Under contract-accepting backup offers. 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.
Under contract
$315,000
2463 Martins Run, Tavares, FL 32778
4beds
2,547sqft
Single Family Residence
Built in 2007
7,102 Square Feet Lot
$-- Zestimate®
$124/sqft
$50/mo HOA
What's special
Functional floor planSpacious layout
- 177 days |
- 46 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Patti O'Malley 630-715-1403,
OPTIMA ONE REALTY, INC. 352-243-6784
Source: Stellar MLS,MLS#: G5106726
Originating MLS: Lake and Sumter

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 360 Square Feet
- Dimensions: 18x20
Bedroom 2
- Features: Walk-In Closet(s)
- Level: Second
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Features: Walk-In Closet(s)
- Level: Second
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 4
- Features: Walk-In Closet(s)
- Level: Second
- Area: 270 Square Feet
- Dimensions: 15x18
Family room
- Level: First
- Area: 210 Square Feet
- Dimensions: 14x15
Kitchen
- Level: First
- Area: 180 Square Feet
- Dimensions: 9x20
Laundry
- Level: First
- Area: 40 Square Feet
- Dimensions: 5x8
Living room
- Level: First
- Area: 280 Square Feet
- Dimensions: 14x20
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Linoleum
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 3,137
- Total interior livable area: 2,547 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: None
- Fencing: Fenced
Lot
- Size: 7,102 Square Feet
- Features: Corner Lot, Private
Details
- Parcel number: 311926021000004700
- Zoning: PD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Sprinkler Meter
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MARTINS GROVE
HOA
- Has HOA: Yes
- HOA fee: $50 monthly
- HOA name: Sentry Management
Location
- Region: Tavares
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $348,890
- Annual tax amount: $5,912
- Date on market: 1/21/2026
- Cumulative days on market: 134 days
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Contingent | $315,000$124/sqft |
Source: | ||
| 5/28/2026 | Pending sale | $315,000$124/sqft |
Source: | ||
| 3/25/2026 | Price change | $315,000-6%$124/sqft |
Source: | ||
| 3/4/2026 | Price change | $335,000-1.5%$132/sqft |
Source: | ||
| 1/21/2026 | Listed for sale | $340,000+3%$133/sqft |
Source: | ||
| 8/11/2023 | Sold | $330,000-5.7%$130/sqft |
Source: | ||
| 7/18/2023 | Pending sale | $350,000$137/sqft |
Source: | ||
| 7/14/2023 | Listed for sale | $350,000-5.4%$137/sqft |
Source: | ||
| 7/3/2023 | Listing removed | -- |
Source: | ||
| 3/10/2023 | Listed for sale | $369,900-6.4%$145/sqft |
Source: | ||
| 2/12/2023 | Listing removed | -- |
Source: | ||
| 8/21/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 8/18/2022 | Listed for rent | $2,710$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/15/2022 | Listed for sale | $395,000+58.6%$155/sqft |
Source: | ||
| 11/10/2020 | Sold | $249,000$98/sqft |
Source: Public Record Report a problem | ||
| 9/14/2020 | Pending sale | $249,000$98/sqft |
Source: PREMIUM PROPERTIES R.E SERVICE #O5881964 Report a problem | ||
| 9/5/2020 | Listed for sale | $249,000+118.4%$98/sqft |
Source: PREMIUM PROPERTIES R.E SERVICE #O5881964 Report a problem | ||
| 11/8/2012 | Sold | $114,000$45/sqft |
Source: Public Record Report a problem | ||
| 8/23/2012 | Listed for sale | $114,000-8.8%$45/sqft |
Source: Exit Realty Central #G4686505 Report a problem | ||
| 5/28/2012 | Listing removed | $125,000$49/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 4/24/2012 | Price change | $125,000-10.7%$49/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 1/25/2012 | Price change | $140,000+21.7%$55/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 9/30/2011 | Price change | $115,000-8%$45/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 8/31/2011 | Price change | $125,000-3.8%$49/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 6/3/2011 | Price change | $130,000-7.1%$51/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 4/2/2011 | Listed for sale | $140,000-33%$55/sqft |
Source: Vangie Berry Signature Realty #G4671346 Report a problem | ||
| 12/4/2007 | Sold | $208,800$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,912 -1.3% | $348,890 |
| 2024 | $5,991 +127.5% | $348,890 +94.8% |
| 2023 | $2,633 +1.2% | $179,080 +3% |
| 2022 | $2,602 +3.7% | $173,870 +3% |
| 2021 | $2,510 +52.5% | $168,810 +39.9% |
| 2020 | $1,646 +1.6% | $120,661 +2.3% |
| 2019 | $1,621 +4.3% | $117,949 +1.9% |
| 2018 | $1,554 | $115,750 +2.1% |
| 2017 | $1,554 +3% | $113,370 +2.1% |
| 2016 | $1,509 +1.2% | $111,039 +0.7% |
| 2015 | $1,492 +0.3% | $110,268 +0.8% |
| 2014 | $1,487 +6.9% | $109,393 +1.5% |
| 2013 | $1,391 -14.3% | $107,777 -10% |
| 2012 | $1,623 +2.7% | $119,692 +3% |
| 2011 | $1,581 -37.7% | $116,206 -27.4% |
| 2010 | $2,538 -2.3% | $160,019 -4% |
| 2009 | $2,598 -20.1% | $166,753 -16% |
| 2008 | $3,252 +323% | $198,595 +420.5% |
| 2007 | $769 -5.2% | $38,151 |
| 2006 | $811 | $38,151 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32778
Nearby schools
GreatSchools rating
- 5/10Tavares Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Tavares Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Tavares High SchoolGrades: 9-12Distance: 1.5 mi
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