488 MARINA LANE, TAVARES, FL, 32778
Active2 days on marketListed Oct 14, 2026MLS #G5118981
About this home
488 MARINA LANE
Extensively updated and move-in ready, this residence in a desirable 55+ community offers an impressive collection of improvements paired with the charm and convenience of living in America’s Seaplane City. Thoughtful renovations throughout include new windows, an updated A/C system, new flooring and subfloors, interior plumbing, doors, trim, fixtures, and fresh paint. Both bathrooms feature updated showers and vanities, while the refreshed kitchen offers new cabinetry and a stove with gas or electric compatibility. An interior laundry room, conveniently accessible from the primary bedroom, adds everyday practicality. Additional improvements include previous roof enhancements with a two-layer roofing system. Known as America's Seaplane City, Tavares offers a distinctive waterfront atmosphere with marinas, boating, waterfront restaurants, shopping, entertainment, and local festivals throughout the year. Whether seeking a year-round residence or a seasonal Florida retreat, this home offers the advantage of extensive updates in a well-connected lake-area community. Schedule your private showing today.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,152
Sqft
0.09 ac
Lot size
1977
Year built
One
Levels
$178
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,686 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,686/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+31.3%
$/sqft vs Tavares actives
$178 vs $190
Days on market
2 vs 67 typical
Where $178/sqft sits among the 242 Tavares actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Tavares
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tavares. See the full Tavares guide →
TAVARES 32778 — neighborhood snapshot
Population
25,099
Median age
53.8
Median income
$61,815
Median home value
$241,500
Avg household
2.16
Households w/ children
2,209
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tavares market
$318K → $305K
Tavares median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
131 of 242
Tavares actives have cut their price
Median sold price, Tavares, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 35% below the TAVARES 32778 median. See the full Tavares market guide →
Paper trail
This home's history
Reality check
What actually sold near 488 MARINA LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$137,500
30135 TAVARES RIDGE BOULEVARD UNIT 19
3 bd · 2 ba · 1,140 sqft · $121/sqft · 179 DOM
Sold · Dec ’25$134,000
30116 TAVARES RIDGE BOULEVARD UNIT 91
3 bd · 2 ba · 1,140 sqft · $118/sqft · 54 DOM
Sold · Jan ’26$153,000
30128 TAVARES RIDGE BOULEVARD UNIT 30128
2 bd · 2 ba · 1,140 sqft · $134/sqft · 38 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 488 MARINA LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 488 MARINA LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
488 MARINA LANE FAQs
What would the monthly payment be for 488 MARINA LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,686/mo — principal and interest, the actual property-tax bill, the $130/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 488 MARINA LANE?+
The association fee works out to $130 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 488 MARINA LANE?+
The most recent tax bill on record (2025) was $1,184. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 488 MARINA LANE?+
The listing reports pets: Cats OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Tavares?+
At $205,000, this home is listed about 38% below the Tavares median of $329,000. The market section on this page shows how the area is trending.
Which schools are assigned to 488 MARINA LANE?+
Tavares High School (high), Tavares Elementary School (elementary), Tavares Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS CLASSIC · Scott Cohara. MLS #G5118981.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Tavares homes, in your inbox
Like 488 MARINA LANE but not quite? A daily digest of every new listing in Tavares — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Tommy to ping you on any price or status change →