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3 Madison Dr, Sorrento, FL, 32776

2beds
2baths
850sqft
$55,000
$65price/sqft
$546/moest. monthly cost
$21,840/yrincome needed

About This Home

FOR SALE – Fully Remodeled 2 Bed / 2 Bath Mobile Home in Oak Springs – Sorrento, FL Beautifully updated 1982 single-wide mobile home, approximately 850 sq ft. Recent upgrades include: • New roof • New waterproof flooring • Sheetrock walls • Quartz kitchen countertops and cabinets • New windows and doors • Central AC (7 years old) • Fresh paint throughout Located in Oak Springs Mobile Home Community. Lot rent is $670/month. Move-in ready and very clean. Asking price: $60,000.00 Serious inquiries only.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
3/10
Mt. Dora Middle SchoolGrades 6-89.0 mi
5/10
Mt. Dora High SchoolGrades 9-129.2 mi

Construction

Condition

  • Year built: 1982

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: MobileManufactured

Interior

Appliances

  • Appliances included: Microwave,Range / Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate

Heating

  • Heating features: Baseboard,Heat pump

Interior Area

  • Total interior livable area: 850 sqft

Property

Parking

  • Parking features: Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Hurricane
Inland Flooding
Wildfire

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $278$3,336
Home Insurance *$36$432
Property Taxes $35$420
Electricity $197$2,366
Total$546$6,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,720/yr
40% on housing$16,380/yr
45% on housing$14,560/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 32776$203
Lake County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 32776$214
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-28Price change$55,000
2026-03-23Listed for sale$60,000
2026-01-30Listing removed$64,900
2025-12-11Price change$64,900
2025-08-04Listed for sale$74,900
2025-06-11Listing removed$86,600
2025-04-28Listed for sale$86,600
2024-09-28Listing removed$54,300
2024-09-09Listed for sale$54,300

For Sale by Owner

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