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1124 E 1ST AVE Mount Dora, FL 32757
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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,013 sqft
Price per Sqft $255
Subdivision Mount Dora Oakwood
MLS Listing ID O6288491
Sold Date 04/28/25
Bedrooms 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1951
Annual Tax Amount $2,277
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 97x125
Property Sub-Type Triplex
Property Description
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
State FL
County Lake
Community Mount Dora Oakwood
Area 32757 - Mount Dora
Zoning R-2
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, L Dining, Thermostat, Walk-In Closet(s)
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Vinyl
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Courtyard, Fence, Garden, Private Mailbox, Rain Gutters
Parking Features Driveway
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Frame
New Construction false
Schools
Elementary Schools Round Lake Elem
Middle Schools Mount Dora Middle
High Schools Mount Dora High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with A2Z REALTY GROUP