Active

$270,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 1080 sq ft
Overview
  • ID: MFRG5097178
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 1080 sq ft
Property Details
Remarks
Prime Mount Dora Investment Property – Zoned R-2 with Strong Income Potential Excellent two-bedroom, one-bath cottage-style home with a bonus room and garage, located in one of Mount Dora’s highest-demand rental and Airbnb areas. Situated on a large half-acre lot, this property offers exceptional flexibility and long-term upside for investors seeking stable income and future development potential. The home is tenant-occupied with an excellent tenant in place through June 30, 2026, providing immediate and reliable rental income. Zoned R-2, the property allows for multiple residential uses, offering added value for investors considering expansion, redevelopment, or future optimization. Outdoor features include a backyard deck ideal for tenant enjoyment, along with ample yard space that enhances both long-term and short-term rental appeal. The garage adds additional storage or rental value, while the bonus room increases functional square footage and flexibility. Location is a key driver of value. The property is just minutes from downtown Mount Dora, local parks, restaurants, boutique shopping, and the Mount Dora Lighthouse. Quick access to Highway 441 and the 429 beltway ensures strong commuter demand and easy regional connectivity. With its proven rental performance, short-term rental appeal, R-2 zoning, and prime location, this property presents a rare opportunity for both buy-and-hold investors and those seeking future redevelopment or Airbnb conversion in a market with consistently high demand.
Financial Considerations
Price:
$270,000
HOA Fee:
N/A
Tax Amount:
$4967.77
Price per SqFt:
$250
Tax Legal Description:
MOUNT DORA, KIMBALL'S SUB E 40 FT OF LOT 9, LOT 10, W 1/2 OF LOT 11 BLK D PB 4 PG 61 ORB 4591 PG 1940
Exterior Features
Lot Size:
15873
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Range, Range Hood, Refrigerator
Furnished:
No
Floor:
Laminate, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1946
Construction Type:
Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    1225 E 1ST AVE
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