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125 N RHODES STREET

Multi-family For Sale
$550,000

BTC: 8.43817122

ETH: 289.07202624

-$20K (2026/07/09)
23 days
4 bds
1,570 sqft

Overview

A Rare Walk-to-Downtown Mount Dora Investment Opportunity Perfectly positioned in the heart of picturesque Mount Dora, this beautifully maintained income-producing property featuring two private residences offers an exceptional opportunity to own a turnkey investment in one of Florida's most beloved small towns. Just a short stroll from both Historic Downtown Mount Dora and the vibrant Uptown District, you'll enjoy the very best of this award-winning community. Consistently recognized by national publications as one of Florida's most charming destinations—including being named Florida's "Most Picturesque Small Town" by USA Today and celebrated by Southern Living, Travel + Leisure, and Country Living for its historic charm, boutique shopping, lakefront beauty, festivals, and exceptional quality of life—Mount Dora continues to attract residents and visitors alike. Leave the car behind and explore award-winning restaurants, cozy cafés, breweries, art galleries, live music, waterfront parks, year-round festivals, the Mount Dora Center for the Arts, tennis courts, the community pool, and the city's vibrant downtown—all just minutes from your front door. Situated on a generously sized corner lot with a beautiful park-like setting, the property offers mature landscaping, expansive green space, and a peaceful setting rarely found this close to downtown. Each of the two residences features a spacious 2-bedroom, 1.5-bath floor plan thoughtfully designed for comfortable living. Both residences enjoy their own fully fenced private backyard, providing an uncommon level of privacy and outdoor living space that tenants truly appreciate. One residence also includes the convenience of an attached garage, while the other benefits from a large storage shed, offering abundant space for tools, lawn equipment, bicycles, hobbies, or additional owner storage. Lovingly maintained over the years, the property reflects true pride of ownership and has attracted exceptional long-term tenants who have cared for the homes as their own. Whether you're looking to expand your real estate portfolio, seeking a turnkey investment with immediate income, or envision living in one residence while generating rental income from the other in the future, this versatile property offers outstanding flexibility and lasting value. With both residences occupied by exceptional long-term tenants, the new owner can begin enjoying reliable rental income from the day of closing—a rare advantage in today's market. Properties of this caliber, in this location, rarely become available. Combining immediate income, an unbeatable walk-to-town location, and the enduring appeal of Mount Dora, this is a truly exceptional investment opportunity. Investment opportunities offering two private residences, established long-term tenants, private fenced backyards, a beautiful corner lot, and an unbeatable walk-to-downtown Mount Dora location are exceptionally rare. Don't miss the chance to own a truly special property in one of Central Florida's most treasured communities. Approximately 25 minutes from Orlando and less than an hour from Florida's beautiful Atlantic beaches, this is more than an investment—it is an opportunity to own a piece of the Mount Dora lifestyle.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1978
Lot:
0.23 Acres
Heating:
Central / Electric
Price/sqft:
$350
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$6,259
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Engineered Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Outbuilding

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 321927110000A00H00

    • Zoning: RESIDENTIA

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Street Lights

  • Other financial information

    • Annual tax amount: $6,259

  • Source details

    • MLS ID: O6422725

    Other facts

    • Construction Materials: Block / Brick

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1570

    • Water Source: Public

    • Subdivision Name: JAMESON'S PLAT

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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: HEIRLOOM REALTY INTERNATIONAL