Chase Court, Mount Dora, FL 32757

$11,000

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Sold Price
$11,000
List Price
$16,995
Status
Sold
Days on Market
43
Closing Date
Nov 17, 2023
MLS#
O6141611
Lot Size
4,993
Acres
0.11
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Dora Pines Sub
MLS Area Major
Mount Dora

Property Description

Nestled in the tranquil Chase Ct, Mount Dora, FL 32757, is a beautiful 0.11-acre plot of land that presents a remarkable investment opportunity. Why Invest in Florida? Growth Potential: Florida is one of the fastest-growing states in the U.S., with a steady influx of new residents each year. This consistent growth can lead to increased demand for both residential and commercial land, potentially driving up property values over time. Favorable Climate: Florida's warm, sunny climate attracts millions of tourists each year, and many choose to retire there. The demand for vacation properties and retirement homes can make land investment particularly lucrative. No State Income Tax: Florida is one of the few states with no income tax, which can make the returns on your investment more profitable when compared to states that tax income. Real Estate Friendly State: Florida is generally considered a real estate friendly state with procedures that are relatively straightforward, making the process of buying and selling land less complicated compared to some other states. This property is ripe for development, with neighboring lots selling for $23,000 and up, but you can claim this one for only $16,995 cash price! Want a financing option? Get this land for just $3,799 down and choose from three flexible payment plans: $455.31 per month for 48 months $391.33 per month for 60 months $349.26 per month for 72 months

Additional Information

Taxes
$77
Community Features
No Deed Restriction
Zoning
RM
Utilities
Other
Pool
No Pool
Flood Zone Code
X
Parcel ID
21-19-27-0100-000-06100
Legal Description
DORA PINES SUB, UNIT ONE LOT 61--LESS MINERAL RIGHTS--PB 22 PGS 25-26 ORB 3714 PG 2202

Listing courtesy of UPTOWN REALTY GROUP. 407-312-2744

Selling Office: ROCK SPRINGS REALTY, LLC.

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