2463 Martins Run, photo 1
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Overview

4 bd3 ba2,547 sqft2 car garageSingle Family
TypeSingle Family
HOA$50/mo
Built2007
Lot7,102 sqft
Living area2,547 sqft
Price / sqft$112
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Kitchen/Family Room ComboPrimarybedroom UpstairsThermostatWalk-in Closet(s)DishwasherDryerMicrowave

2463 Martins Run is a 2007-built home in Martins Grove, Tavares. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,547 square feet of living space. Listed at $285,000 (about $112/sqft), 271 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $50 monthly.

From the listing

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.

The essentials

Built
2007
Price / sqft
$112
On market
271 days
Annual tax
$5,912
HOA
$50/mo
Flood zone
X · Low risk
Lot
7,102 sqft
Type
Single Family Residence

At a glance

Single family
Built 2007
2 car garage
7,102 sqft lot
Lot size
2,547 sqft
Living area

Payment

Est. monthly payment
$2,171/mo
Down payment (20%)
$57,000
Property taxes
$493/mo
HOA
$50/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2007
Lot
7,102 sqft
Cooling
Central Air
Heating
Electric, Heat Pump
Parking
-
Days on Market
271
Ceiling Fans(s)
Kitchen/Family Room Combo
Primarybedroom Upstairs
Thermostat
Walk-in Closet(s)
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$5,912
Parcel #
31-19-26-0210-000-04700

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Martins Grove
County
Lake
MLS Area
32778 - Tavares / Deer Island
Lot Size
7,102 sqft
Corner LotPrivate
HOA
$50/mo
Sentry Management

Price history

Date
Event
Price
9/8/2026
Price change
Source: Stellar MLS #G5106726
$285,000-5.6%
$112/sqft
-
Price change
Source: Stellar MLS #G5106726
$302,000-11.2%
$119/sqft
1/20/2026
Listed for sale
Source: Stellar MLS #G5106726
$340,000
$133/sqft

Neighborhood

2463 Martins Run
Tavares, FL, 32778 · 32778 - Tavares / Deer Island

Market insights

Offer Insights

Choose an offer strength

List price: $285,000
$280,000 – $285,000
98% – 100% of listTops out right at the list price
80% of listList price
118 of the last 235 home closings in 32778 landed at this number or higher (50%). The median one sat 51 days before it went under contract, and this one is on day 271 after a $55,000 cut.

Sample: 235 closed home sales in 32778 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,172/mo
Principal & interest$1,486
Property taxes$493
Insurance$143
HOA$50
Down payment20% · $57,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$285,000

$112 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,547 sq ft

Time on market

271 days

Year built

2007

Monthly payment

About $2,171/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,912 annual tax bill, insurance, and the $50/mo HOA fee.

HOA fee

$50/mo

Managed by Sentry Management.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byOPTIMA ONE REALTY, INC.Listing agent: Patti O'MalleyListing data from Stellar MLS, MLS# G5106726.

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