221 W 3rd Avenue, Mount Dora, FL 32757
- $2,219,000
- 16
- BD
- 16
- BA
- 10,900
- SqFt
- Sold Price
- $2,219,000
- List Price
- $2,500,000
- Status
- Sold
- Days on Market
- 402
- Closing Date
- Nov 27, 2023
- MLS#
- G5060961
- Property Style
- Multi-Family
- Year Built
- 1973
- Bedrooms
- 16
- Bathrooms
- 16
- Living Area
- 10,900
- Lot Size
- 27,152
- Acres
- 0.62
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Mount Dora Topkins Blks 06 & 07
- MLS Area Major
- Mount Dora
Property Description
Cash Flowing Multi-family Opportunity in Historic Downtown Mount Dora! Don’t 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 Dora’s 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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Additional Information
- Taxes
- $12540
- Minimum Lease
- 1-2 Years
- Annual Gross Income
- 121980
- Location
- Corner Lot, Historic District, City Limits, Near Marina, Near Public Transit, Paved
- Community Features
- No Deed Restriction
- Zoning
- R-3
- Interior Layout
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
- Floor
- Carpet, Tile
- Appliances
- Dishwasher, Range, Range Hood, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Irrigation System, Lighting, Private Mailbox, Rain Gutters
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 4 Car Carport
- Garage Features
- Assigned
- Water View
- Lake - Chain of Lakes
- Flood Zone Code
- X
- Parcel ID
- 31-19-27-0400-007-00100
- Legal Description
- MOUNT DORA, TOMPKINS BLKS 6 & 7 SUB LOTS 1 TO 10 INCL, LOT 14 BLK 7 PB 5 PG 7 ORB 1595 PG 1872
Listing courtesy of ERA GRIZZARD REAL ESTATE. 352-735-4433
Selling Office: COLDWELL BANKER VANGUARD EDGE.Mortgage Calculator
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