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221 W 3RD AVENUE

Recently Sold
$2,219,000

BTC: 34.67187500

ETH: 1,270.90492554

Sold on: 2023-11-27
307 days
16 bds
10,900 sqft

Overview

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!

Location

Details

Type:
Residential Income
Parking:
Assigned
Year Built:
1973
Lot:
0.62 Acres
Heating:
Central
Price/sqft:
$229
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$12,540
2022
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Water
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 16

  • Parking

    • Assigned

    Property

    • Exterior Features: Irrigation System / Lighting / Private Mailbox / Rain Gutters

    Lot

    • Lot: 0.62 Acres

    Other Property Information

    • Parcel Number: 311927040000700100

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Sprinkler Meter

    • Water Connected

  • Other financial information

    • Annual tax amount: $12,541

  • Source details

    • MLS ID: G5060961

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Corner Lot / Historic District / City Lot / Near Marina / Near Public Transit

    • Patio And Porch Features: Covered / Deck / Porch / Rear Porch

    • Other Structures: Storage

    • Living Area: 10900

    • Water Source: Public

    • Lot Size Dimensions: 100 x 100

    • Subdivision Name: MOUNT DORA TOPKINS BLKS 06 & 07

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ERA GRIZZARD REAL ESTATE