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1124 E 1ST AVENUE

Multi-family Recently Sold
$515,000

BTC: 6.32989184

ETH: 211.75986842

Sold on: 2025-04-28
8 days
2 bds
2,013 sqft

Overview

UNIQUE OPPORTUNITY TO OWN A TRIPLEX IN THE DESIRABLE AREA OF MOUNT DORA. A HISTORIC AND HIGHLY RATED AIRBNB town with charm and friendly neighbors! The three independent units have been impeccably maintained and move in ready! Unit 1124 and 1126 A have 1 room and 1 bath. Unit 1126 B is a studio. Every unit has an entrance and exit door, full kitchen and full bath. Land has been zoned as a multiple- Family up to 10 Units! Increase your passive income today in all market conditions. Each unit has its own electricity meter box. The large Shed that can be converted into a mother in law, and/or office space, and/or another Unit with small investment will further increase your cap rate, and/or the indoor entertaining movie theater for your AIRBNB.   The Historic and Charming Mount Dora, known for its rolling hills, canopy oak trees, antique shops, boutiques, diverse dining options, entertainment, and annual festivals. Only 35 minutes to downtown Orlando and all theme parks. 45 minutes to Orlando International Airport. Only an hour to the Beautiful East Coast Beaches! Also, several public boat ramps nearby, boat storage areas and marinas. This area is known for its Beautiful lakes. The Harris Chain of Lakes comprises 8 primary lakes, known for sailing, boating, water-skiing, but it’s best known for it’s world class bass fishing. Near to a 35 acre recreation park with a dog park, disc golf, hiking, and mountain bike trails. Call today for a private tour!  Bring in all offers. This is the best MULTI-FAMILY property you will find on the market! Beds Total: 2 Baths Total: 3 Units # Beds # Baths Expected Rent Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway space Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway Space Type: Studio 0 1 $1000 500 Desc: Carport or driveway space Open Parking space

Location

Details

Type:
Residential Income
Parking:
Driveway
Year Built:
1951
Lot:
0.28 Acres
Heating:
Electric
Price/sqft:
$268
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$2,277
2024
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Electric

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • L Dining

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Courtyard / Fenced / Garden / Private Mailbox / Rain Gutters

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 321927180000A00400

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,278

  • Source details

    • MLS ID: O6288491

    Other facts

    • Construction Materials: Block / Concrete / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Window Features: Wood Frames

    • Other Structures: Barn(s)

    • Living Area: 2013

    • Water Source: Public

    • Lot Size Dimensions: 97 x 125

    • Subdivision Name: MOUNT DORA OAKWOOD

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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: A2Z REALTY GROUP