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Sold for $599,900
  • $599,900

    416 W Ianthe St, Tavares, FL 32778

    6beds
    4baths
    2,240sqft
    Triplex, Multi Family
    Built in 1956
    -- sqft lot
    $496,800 Zestimate®
    $268/sqft
    $1,468 Estimated rent

    Home value

    $496,800

    $457,000 - $537,000

    $1,468/mo

    Zestimate® history
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    $1,468/mo

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    $3,986/mo

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    $3,986/mo

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    What's special

    Discover this stunning completely renovated triplex in prime downtown Tavares, just blocks from the waterfront entertainment district and seaplane base. This property has been meticulously renovated with premium modern finishes including new roof, windows, doors, water heaters, plumbing, electrical, and HVAC systems throughout. Each unit showcases elegant white shaker cabinets, premium quartz countertops, stainless sinks with pull-down sprayers, and high-quality stainless steel appliances, all complemented by luxury vinyl and ceramic/porcelain flooring and fresh bright paint. Ideally positioned just blocks from the Lake County Courthouse and government buildings, Tavares Seaport, and walking distance to waterfront amenities, schools, shops, and restaurants. This investment opportunity features separate electric and water meters for all units. Each unit features its own dedicated laundry area with full washer and dryer hook-ups. NO HOA restrictions, strong potential for short-term rentals, excellent road frontage visibility, and is currently vacant for immediate occupancy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheena Varghese 732-491-7895,

    FLORIDA HOMES REALTY & MORTGAGE 904-996-9115

    Bought with:

    David Street, 3225442

    ELITE REALTY AGENCY LLC

    Source: Stellar MLS,MLS#: O6289596MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central, Wall Units / Window Unit
    Cooling
    • Central Air, Ductless
    Appliances
    • Laundry: Electric Dryer Hookup, Laundry Closet, Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s), Thermostat
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,240 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Exterior features: Lighting, Private Mailbox
    Lot
    • Size: 6,500 Square Feet
    Details
    • Parcel number: 291926010003600E01
    • Zoning: RMF-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: TAVARES
    HOA
    • Has HOA: No
    Location
    • Region: Tavares

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $334,954
    • Annual tax amount: $2,923
    • Date on market: 3/14/2025
    • Cumulative days on market: 42 days
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Gravel

    Price history

    DateEventPrice
    6/10/2025Sold$599,900$268/sqft
    Source: Stellar MLS #O6289596 Report a problem
    4/25/2025Pending sale$599,900$268/sqft
    Source: Stellar MLS #O6289596 Report a problem
    3/31/2025Price change$599,900-4.8%$268/sqft
    Source: Stellar MLS #O6289596 Report a problem
    3/14/2025Listed for sale$629,900+162.6%$281/sqft
    Source: Stellar MLS #O6289596 Report a problem
    3/4/2024Sold$239,900$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,466 +121.2%$334,954 +132.7%
    2024$2,923 +9%$143,920 +10%
    2023$2,682 +7.4%$130,840 +10%
    2022$2,497 +10.8%$118,950 +10%
    2021$2,253 +3.4%$108,142 +10%
    2020$2,180 +7.5%$98,311 +10%
    2019$2,029 +7.4%$89,374 +10%
    2018$1,889 $81,249 -17.9%
    2017$1,889 +9%$99,010 +47.5%
    2016$1,732 +19.3%$67,148 +7.1%
    2015$1,452 +7%$62,683 +1.6%
    2014$1,356 +7.1%$61,697 +2.1%
    2013$1,267 +1.5%$60,415
    2012$1,248 -4%$60,415 -2.1%
    2011$1,301 -10.1%$61,697 -8.9%
    2010$1,446 -10.7%$67,716 -13.7%
    2009$1,620 -9.5%$78,492 -9.6%
    2008$1,790 -0.1%$86,788 -2.3%
    2007$1,791 +5%$88,862 +10.7%
    2006$1,706 +24.5%$80,263 +26.1%
    2005$1,371 -0.3%$63,672
    2004$1,375 +4.2%--
    2003$1,320 +2.7%$59,524 +2.9%
    2002$1,285 +9.8%$57,865
    2001$1,171 -2.2%$57,865
    2000$1,197 $57,865
    Find assessor info on the county website

    Neighborhood: 32778

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $496,800
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    Estimated market value
    $496,800