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221 W 3RD Avenue

Mount Dora, FL 32757
  • $2,500,000
  • STATUS: Active
  • ON SITE: 251 Days
  • MLS #: G5060961
UPDATED: 48 min ago
$2,500,000
  • 2
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,900
    SQFT
  • $229
    $/SQFT
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Description

Cash Flowing Multi-family Opportunity in Historic Downtown Mount Dora! Dont miss this unique opportunity to own historic downtown charm steps from the lively downtown scene. Your tenants will enjoy views of Lake Dora and be steps away of all the exciting downtown activities. Mount Doras growing entertainment & business district makes this property perfect for long- or short-term rentals. The complex is across the street from the Lakeside inn, the Olive Branch, and Magical Meat Boutique restaurants. The property features 2 buildings with 2 units upstairs and 2 units downstairs for a total of 4 units per building. The East building includes an attached carport with one space for each tenant. Each unit features an open living concept with a kitchen, dining room, living room, 2 bedrooms, 1.5 baths, walk-in closets, a laundry room, and a back porch to enjoy their view. The layout of all the units matches the layouts of the units in the pictures. Call today to take advantage of this exciting opportunity to own a part of Mount Dora's history and be a part of Mount Dora's future!

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-02T13:47:28.723.
www.theduncanduo.com/homes/133348936
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221 W 3RD Avenue Mount Dora, FL 32757

  • Price: $2,500,000
  • Status: Active
  • On Site: 251 Days
  • Updated: 48 min ago
  • MLS #: G5060961
2
Beds
0
Baths
0
½ Baths
0.62
Acres
10,900
SQFT
$229
$/SQFT
1973
Built
Neighborhood:
Mount Dora Topkins Blks 06 & 07
County:
Lake
Area:
Mount Dora
Property Description
Cash Flowing Multi-family Opportunity in Historic Downtown Mount Dora! Dont miss this unique opportunity to own historic downtown charm steps from the lively downtown scene. Your tenants will enjoy views of Lake Dora and be steps away of all the exciting downtown activities. Mount Doras growing entertainment & business district makes this property perfect for long- or short-term rentals. The complex is across the street from the Lakeside inn, the Olive Branch, and Magical Meat Boutique restaurants. The property features 2 buildings with 2 units upstairs and 2 units downstairs for a total of 4 units per building. The East building includes an attached carport with one space for each tenant. Each unit features an open living concept with a kitchen, dining room, living room, 2 bedrooms, 1.5 baths, walk-in closets, a laundry room, and a back porch to enjoy their view. The layout of all the units matches the layouts of the units in the pictures. Call today to take advantage of this exciting opportunity to own a part of Mount Dora's history and be a part of Mount Dora's future!
Exterior Features

Carport Spaces 4 Carport Yn Yes Construction Materials BlockStucco Covered Spaces 4 Exterior Features Irrigation SystemLightingRain Gutters Foundation Details Slab Lot Features Corner LotHistoric DistrictCity LotNear MarinaNear Public Transit Lot Size Dimensions 100X100 Open Parking YN No Other Structures Storage Parking Features Assigned Patio And Porch Features CoveredDeckPorchRear Porch Pool Private Yn No Road Surface Type Paved Roof Shingle Spa YN No View Water Water Access Yn No Water Extras Yn No Water View Lake - Chain Of Lakes Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Inside Utility Appliances DishwasherRangeRange HoodRefrigerator Building Area Total 11812 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetTile Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fans(S)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanWalk-In Closet(S) Laundry Features Inside Sewer Public Sewer Water Source Public

Property Features

Annual Expenses 34820 Annual Net Income 87159.28 Association Approval Required Yn No Association Yn No Cdd Yn No Est Annual Market Income 192000 Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventional Minimum Lease 1-2 Years New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Multi-Family Realtor Info As-Is Security Features Smoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 12540.66 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedSprinkler MeterWater Connected Yrs Of Owner Prior To Leasing Re No Zoning R-3


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Era Grizzard Real Estate: 352-735-4433.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-02T13:47:28.723.
 
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