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$270,000
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Property Description
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.
Full Property Details
Full Property Details for 1225 E 1st Ave
General
- Price: $270,000
- Taxes: $4,967 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5097178
- Updated: 1/7/2026
- Added to Site: 224 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Range, Range Hood, Refrigerator
- Flooring: Laminate, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 32757 - Mount Dora
- County: Lake
- Development Name: 32757 - Mount Dora
- Subdivision: KIMBALL'S SUB
- Driving Directions: Use GPS. Highway 441, East towards Orlando, turn right on Highway 46 travel approximately 4 blocks house is on the right.
- Direction Faces: South
Community
- Community Name: 32757 - Mount Dora
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,080
- Sq. Ft. Source: Public Records
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,873
- Lot Size: 15873
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,967.77
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MOUNT DORA, KIMBALL'S SUB E 40 FT OF LOT 9, LOT 10, W 1/2 OF LOT 11 BLK D PB 4 PG 61 ORB 4591 PG 1940
- Flood Zone Info: X
- APN: 321927120000000900
- Property ID: 321927120000000900
Listed by Exit Realty Tri-County
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Schools
Schools serving 1225 E 1st Ave
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Triangle Elementary School 1707 Eudora Road, Mount Dora, FL 32757 | PK-5 | 2.9 mi |
Mt. Dora Middle School 1405 Lincoln Avenue, Mount Dora, FL 32757 | 6-8 | 0.9 mi |
Mt. Dora High School 700 North Highland Street, Mount Dora, FL 32757 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1225 E 1st Ave
Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$270,000
-1.82%
MLS
6/05/2025
Listed
$275,000
113.18%
MLS
2/18/2015
Sold
$129,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1225 E 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,175
9%
$319,231
2%
2023
$4,768
35%
$314,246
77%
2021
$3,521
-10%
$177,123
-12%
2022
$3,914
11%
$201,369
22%
2021
$3,521
18%
$165,224
20%
2018
$2,988
13%
$137,785
7%
2017
$2,651
—
$128,999
—
2016
$2,649
7%
$128,999
10%
2015
$2,465
-27%
$116,776
-23%
2019
$3,386
93%
$151,564
80%
2014
$1,757
7%
$84,389
2%
2013
$1,636
—
$82,936
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1225 E 1st Ave
1225 E 1st Avenue, Mount Dora, FL 32757 (MLS# G5097178) is a Single Family property with 3 bedrooms and 1 full bathroom. 1225 E 1st Avenue is currently listed for $270,000 and was received on June 05, 2025. Want to learn more about 1225 E 1st Avenue? Do you have questions about finding other Single Family real estate for sale in Mount Dora? You can browse all Mount Dora real estate or contact a Coldwell Banker agent to request more information.

