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1225 E 1ST AVENUE

House For Sale
$270,000

BTC: 2.93478261

ETH: 87.09677419

-$5K (2025/10/30)
216 days
3 bds
1 ba
1,080 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime Mount Dora Investment Property – Zoned R-2 with Strong Income Potential Excellent two-bedroom, one-bath cottage-style home with a bonus room and garage, located in one of Mount Dora’s highest-demand rental and Airbnb areas. Situated on a large half-acre lot, this property offers exceptional flexibility and long-term upside for investors seeking stable income and future development potential. The home is tenant-occupied with an excellent tenant in place through June 30, 2026, providing immediate and reliable rental income. Zoned R-2, the property allows for multiple residential uses, offering added value for investors considering expansion, redevelopment, or future optimization. Outdoor features include a backyard deck ideal for tenant enjoyment, along with ample yard space that enhances both long-term and short-term rental appeal. The garage adds additional storage or rental value, while the bonus room increases functional square footage and flexibility. Location is a key driver of value. The property is just minutes from downtown Mount Dora, local parks, restaurants, boutique shopping, and the Mount Dora Lighthouse. Quick access to Highway 441 and the 429 beltway ensures strong commuter demand and easy regional connectivity. With its proven rental performance, short-term rental appeal, R-2 zoning, and prime location, this property presents a rare opportunity for both buy-and-hold investors and those seeking future redevelopment or Airbnb conversion in a market with consistently high demand.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1946
Lot:
0.36 Acres
Heating:
Central
Price/sqft:
$250
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 321927120000000900

    • Zoning: R-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,968

  • Source details

    • MLS ID: G5097178

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Electric Dryer Hookup / In Garage / Washer Hookup

    • Direction Faces: South

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1080

    • Water Source: Public

    • Subdivision Name: KIMBALL'S SUB

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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: EXIT REALTY TRI-COUNTY