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1029 E 5TH Avenue

Mount Dora, FL 32757
  • $1,250,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: O6015884
UPDATED: 25 min ago
$1,250,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,973
    SQFT
  • $251
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1877
County:
Area:

School Ratings & Info

Description

9.95% CAP RATE!!! THE HISTORIC HEIRLOOM ESTATE...UNIQUELY GORGEOUS SHORT-TERM/VACATION INCOME PROPERTY featuring NINE (9) SUITES, EACH WITH THEIR OWN BATHROOM, as well MULTIPLE LARGE COMMON SPACES for guests to enjoy! ***CHECK OUT ALL PHOTOS for WONDERFUL SURPRISES found on this property! *** This property is a significant piece of Mount Dora history that sits on just over an acre and is walking distance to the very popular Mount Dora Historic District. The first floor of the main house offers two guest suites and boasts a welcome area with large common rooms for lounging and dining, main kitchen and storage. Up the beautiful staircase is three multi-room suites, two with shared balcony access. The separate carriage house behind the main house has a total of four efficiency apartments, three downstairs (each with a private patio) and one upstairs (with a full kitchen), all with private entrances. The large property, with screened gazebo, generous parking, numerous amenities, and quiet places to relax will provide many options for holding special events throughout the year as well as accommodating targeted events and weekends for the numerous artists, musicians, nature enthusiasts, and other visitors that Mount Dora attracts. This is a TURNKEY business opportunity that includes the equipment and furnishings.

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© 2022 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 2022-05-21T23:42:20.617.
www.reelfloridaliving.com/homes/127415325
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1029 E 5TH Avenue Mount Dora, FL 32757

  • Price: $1,250,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 25 min ago
  • MLS #: O6015884
0
Beds
0
Baths
0
½ Baths
1.02
Acres
4,973
SQFT
$251
$/SQFT
1877
Built
Neighborhood:
Marathon
County:
Lake
Area:
Mount Dora
Property Description
9.95% CAP RATE!!! THE HISTORIC HEIRLOOM ESTATE...UNIQUELY GORGEOUS SHORT-TERM/VACATION INCOME PROPERTY featuring NINE (9) SUITES, EACH WITH THEIR OWN BATHROOM, as well MULTIPLE LARGE COMMON SPACES for guests to enjoy! ***CHECK OUT ALL PHOTOS for WONDERFUL SURPRISES found on this property! *** This property is a significant piece of Mount Dora history that sits on just over an acre and is walking distance to the very popular Mount Dora Historic District. The first floor of the main house offers two guest suites and boasts a welcome area with large common rooms for lounging and dining, main kitchen and storage. Up the beautiful staircase is three multi-room suites, two with shared balcony access. The separate carriage house behind the main house has a total of four efficiency apartments, three downstairs (each with a private patio) and one upstairs (with a full kitchen), all with private entrances. The large property, with screened gazebo, generous parking, numerous amenities, and quiet places to relax will provide many options for holding special events throughout the year as well as accommodating targeted events and weekends for the numerous artists, musicians, nature enthusiasts, and other visitors that Mount Dora attracts. This is a TURNKEY business opportunity that includes the equipment and furnishings.
Exterior Features

Carport Spaces 2 Carport Yn Yes Construction Materials Vinyl SidingWood Frame Covered Spaces 2 Exterior Features BalconySidewalkStorage Foundation Details Crawlspace Lot Features City Lot Lot Size Dimensions 159X284 Open Parking YN Yes Parking Features Circular DrivewayDrivewayGuestOpen Patio And Porch Features CoveredPatioPorchRear PorchScreenedSide Porch Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Built-In OvenCooktopDishwasherDryerIce MakerMicrowaveRange HoodRefrigeratorWasher Building Area Total 6187 Cooling Central AirMini-Split Unit(S) Cooling YN Yes Fireplace Yn No Flooring CarpetTileVinylHardwood Heating Central Heating YN Yes Interior Features Built in FeaturesCeiling Fans(S)Crown MoldingEating Space In KitchenHigh Ceiling(S)Window Treatments Laundry Features Inside Levels Two Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 0 Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Homestead Yn No New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Multi-Family Realtor Info List Agent is OwnerNo Sign Security Features Fire Alarm Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10300.52 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected Zoning R-2


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Heirloom Realty International.



© 2022 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 2022-05-21T23:42:20.617.
 
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