1000 E Caroline Street
TAVARES, FL 32778
40
Bed
40
Bath
35,262Sqft
3.56Acres(Lot)
Under contract-accepting backup offers. Exceptional opportunity to acquire Caroline Court, a 40-unit multifamily community in the heart of Tavares, offering immediate scale, stable occupancy, and the security of HUD-backed rental income. Situated on approximately 3.56 acres, this well-established apartment community consists of 8 residential buildings totaling approximately 32,000 square feet, with a desirable mix of 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Built in 1979, the property has maintained strong performance with historically high occupancy and minimal vacancy, supported by consistent demand for affordable housing in the Tavares market. A major investment advantage is that the majority of rental income is HUD-supported, creating dependable cash flow and reducing collectio
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 40Bathroom Information
Total Baths: 40Interior Features
Other Roof: Other Laundry Features: OtherRoofing Information
Other -
Flooring Information
Construction Materials: Other -
Heating & Cooling
Heating: Other Cooling: Other WaterSource: Public
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Building Information
Year Built: 1979 -
Exterior Features
Other Construction Materials: Other Foundation Details: Other
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Lot Information
Lot Square Feet: 155004 Lot Acres: 3.56 Lot Size (SqMt): 14400Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$3600000
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Tax Information
Tax Block: 011 Tax Book Number: 1-53 Tax Lot: 11 Tax Legal Description: TAVARES ST CLAIR-ABRAMS EXT. N 400 FT OF BLK 11 PB 1 PG 53 ORB 5688 PG 2218 Annual Tax: $35112.49 Tax Year: 2025 Parcel Number: 28-19-26-1700-011-00001
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Utility Information
Other Sewer: Other Water Source: Public -
Location Information
Subdivision: TAVARES ST CLAIR ABRAMS EXT City: TAVARES Direction: From Old US 441, turn onto Dora Ave, right on E Caroline St, property on right.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 708 N Saint Clair Abram.., Tavares, FL, 32778 | $374,900 | 5 | 3 | 2,549 | 2,549 SqFt |
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Based on information submitted to the MLS GRID as of 07/06/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 07/06/2026 @ 06:20
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