NOT LISTED FOR SALE

5333 Indian Ocean Loop Tavares, FL 32778

Estimated Value: $65,801 - $342,000

0.17 Acre
$936,471 Price per Acre
7,400 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $67,500 $39 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,064/month

29 Days on Market

Highlights

  • Community Boat Dock
  • Fitness Center
  • Gated Community
  • Access To Chain Of Lakes
  • Fishing
  • Clubhouse

About This Lot

As of August 2023

Under contract-accepting backup offers. RARE OPPORTUNITY In ROYAL HARBOR! Vacant Lot with Impact Fees PAID, You Choose Your Builder! Royal Harbor is a Premiere 55+ Active Adult Gated Community! On The Shores Of Little Lake Harris, Royal Harbor Is Centrally Located And Close To The Hospital And Chain of Lakes For Your Fishing & Boating Enjoyment. This Community Offers Many Great Amenities; HOA Fee Includes Cable, Clubhouse, Tennis Courts, Bocce Ball, Shuffleboard, Ceramics & Activities Galore!!! Plus a Fitness Center, Library, Heated & Screened Jr Olympic Size Pool And Spa. There Is Even Boat & RV Storage! The Community Boasts Beautiful Walking/Biking Trails, A Lighthouse And Private Dock to Watch Sunsets Or Fish! Great Opportunity to Build Your Custom Home and Enjoy The Lifestyle You Deserve! Close to Downtown Tavares And Only a 45 Minute Drive To Orlando Attractions & Orlando Airport!

Last Agent to Sell the Property

Melissa Godwin

GODWIN REALTY GROUP License #3044043 Listed on: 05/19/2023

Last Buyer's Agent

Nestor Velasquez Avila

SOUTHERN PRESTIGE REALTY INC License #3397558

Property Details

Property Type

  • Land

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 296x25
  • Property fronts a private road
  • Northeast Facing Home
  • Interior Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $172 Monthly HOA Fees

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 13-20-25-1805-000-27100

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, recreational facilities
  • Royal Harbor Property Owners Assoc./Dawn Lang Association, Phone Number (352) 742-2300
  • Visit Association Website
  • Royal Harbor Ph 2 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Trails
  • Access To Chain Of Lakes
  • Access To Lake
  • Dock made with wood

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

7,400 Sq Ft Lot

HOA Fees

$172 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7400
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: St Cloud
  • Escrow State: FL
  • Escrow Street Name: E 13th St
  • RATIO Current Price By Calculate: 9.12
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: Northeast
  • Road Frontage Type: Private Road
  • Water Body Name: LAKE HARRIS
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras: Dock - Wood
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Dock, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s)
  • Association Fee: 172
  • Association Fee Frequency: Monthly
  • Association Name: Royal Harbor Property Owners Assoc./Dawn Lang
  • Phone: 352-742-2300
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Pet Restrictions: Verify Pet Restrictions with HOA
  • Association Fee Requirement: Required
  • Association Email: RHPOA@outlook.com
  • Association URL: https://royalharborpoa.com/

Fee Information

  • Total Annual Fees: 2064.00
  • Total Monthly Fees: 172.00
  • Monthly HOA Amount: 172.00

Lot Info

  • Zoning: PD
  • Parcel Number: 13-20-25-1805-000-27100
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, City Limits, Interior Lot, Sidewalk, Stocked Fishing Ponds, Street Lights, Paved
  • Lot Dimensions: 296x25
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1884.68
  • Tax Block: 000
  • Tax Book Number: 45-32-35
  • Tax Lot: 271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 1, 2023
Sold by
Brewer Ross E
Bought by
Torres Sonia Consuelo Avi
Seller's Agent
Melissa Godwin
GODWIN REALTY GROUP
Buyer's Agent
Nestor Velasquez Avila
SOUTHERN PRESTIGE REALTY INC
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%
Views
60
Current Estimated Value
$159,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,700
Avg. Annual Appreciation
38.58%

Purchase Details

Closed on
Aug 13, 2004
Sold by
Pringle Properties Inc
Bought by
Brewer Ross E and Brewer Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Sonia Consuelo Avi $67,500 A Clear Choice Title & Escrow
Brewer Ross E $42,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brewer Ross E $40,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $67,500 -10.0% $39 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $75,000 0.0% $43 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $75,000 -- $43 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $757 $292,834 $49,400 $243,434
2025 $744 $38,760 $38,760 --
2024 $744 $38,760 $38,760 --
2023 $744 $38,760 $38,760 $0
2022 $1,885 $137,530 $0 $0
2021 $1,814 $133,528 $0 $0
2020 $1,877 $131,685 $0 $0
2019 $1,850 $128,725 $0 $0
2018 $1,778 $126,325 $0 $0
2017 $1,728 $123,727 $0 $0
2016 $1,711 $121,183 $0 $0
2015 $1,707 $120,341 $0 $0
2014 $1,706 $119,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5083964

Stellar MLS

APN: 13-20-25-1805-000-27100

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