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221 W 3rd Avenue, Mount Dora, FL 32757
$2,219,000
221 W 3rd Avenue, Mount Dora, FL 32757View this property at 221 W 3rd Avenue, Mount Dora, FL 32757
221 W 3rd AvenueMount DoraFL32757
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Property Description
Cash Flowing Multi-family Opportunity in Historic Downtown Mount Dora! Don't miss this unique opportunity to own historic downtown charm steps from the lively downtown scene. Your tenants will enjoy views of Lake Dora and be steps away of all the exciting downtown activities. Mount Dora's growing entertainment & business district makes this property perfect for long- or short-term rentals. The complex is across the street from the Lakeside inn, the Olive Branch, and Magical Meat Boutique restaurants. The property features 2 buildings with 2 units upstairs and 2 units downstairs for a total of 4 units per building. The East building includes an attached carport with one space for each tenant. Each unit features an open living concept with a kitchen, dining room, living room, 2 bedrooms, 1.5 baths, walk-in closets, a laundry room, and a back porch to enjoy their view. The layout of all the units matches the layouts of the units in the pictures. Call today to take advantage of this exciting opportunity to own a part of Mount Dora's history and be a part of Mount Dora's future!
Full Property Details
Full Property Details for 221 W 3rd Ave
General
- Sold For: $2,219,000
- Taxes: $12,540 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: G5060961
- Added to Site: 587 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: 1-2 Years
Interior
- Interior Features: Ceiling Fans(s), Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
- Appliances: Dishwasher, Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Rain Gutters
- Deck/Patio: Covered, Deck, Porch, Rear Porch
- Porch/Patio/Deck: Covered, Deck, Porch, Rear Porch
Parking
- Carports: Yes
- Carport: 4
- Carport Spaces: 4
- Covered Spaces: 4
- Parking Features: Assigned
Location
- Area: 32757 - Mount Dora
- County: Lake
- Development Name: 32757 - Mount Dora
- Subdivision: MOUNT DORA TOPKINS BLKS 06 & 07
- Driving Directions: Head south on N Donnelly St toward E 6th Ave. Turn right onto W 3rd Ave.Destination will be on the right
Community
- Community Name: 32757 - Mount Dora
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Square Feet: 10,900
- Sq. Ft. Source: Public Records
- Living Area: 10,900 Sq. Ft.
- Year Built: 1973
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,152
- Lot Dimensions: 100 x 100
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, Historic District, City Lot, Near Marina, Near Public Transit
- Rcmdd Zoning: R-3
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $12,540.66
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MOUNT DORA, TOMPKINS BLKS 6 & 7 SUB LOTS 1 TO 10 INCL, LOT 14 BLK 7 PB 5 PG 7 ORB 1595 PG 1872
- Flood Zone Info: X
- APN: 31-19-27-0400-007-00100
- Property ID: 31-19-27-0400-007-00100
- Block/Lot/Section: 7
Listed by Era Grizzard Real Estate
Sold by Coldwell Banker Vanguard Edge
Get Pre-Approved Today
Schools
Schools serving 221 W 3rd Ave
School District:Lake County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1707 Eudora Rd, Mount Dora, FL 32757 | PK-5 | 2 mi | |
1405 Lincoln Ave, Mount Dora, FL 32757 | 6-8 | 1.1 mi | |
700 N Highland St, Mount Dora, FL 32757 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 W 3rd Ave
Date
Details
Price
Change
Source
11/27/2023
Sold
$2,219,000
-11.24%
MLS
9/23/2022
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
221 W 3rd Avenue, Mount Dora, FL 32757 (MLS# G5060961) is a Multi-Family property that was sold at $2,219,000 on November 27, 2023. Want to learn more about 221 W 3rd Avenue? Do you have questions about finding other Multi-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.