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$3,000,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Incredible Opportunity! Sits on Donnelly Street - the primary commercial corridor of Downtown Mount Dora and houses a diverse tenant mix spanning dining and specialty retail: A Cuban restaurant, an olive oil shop and a jewelry store. This tenant composition provides three distinct revenue streams from independent operators. The Cuban restaurant drives foot traffic for both lunch and dinner service, the olive oil shop attracts the culinary-tourism demographic that is core to Mount Dora's visitor profile, and the jewelry store captures higher-ticket discretionary spending. The property's Donnelly Street frontage ensures maximum visibility and pedestrian exposure, particularly during Mount Dora's major festivals and events, which routinely draw tens of thousands of visitors to the downtown core.

Full Property Details for 351 N Donnelly St

General

  • Price: $3,000,000
  • Taxes: $15,150 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5116436
  • Updated: 9/9/2026
  • Added to Site: 2 day(s) ago

Location

  • Area: 32757 - Mount Dora
  • County: Lake
  • Development Name: 32757 - Mount Dora
  • Subdivision: MOUNT DORA RESUB BLK 08 SEC 31
  • Driving Directions: From State Road 441 head south on Donnelly Street.

Community

  • Community Name: 32757 - Mount Dora

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Square Feet: 4,500
  • Sq. Ft. Source: Public Records
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,336
  • Lot Size: 4336
  • Frontage: Business District
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $15,150
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: MOUNT DORA RESUB BEG AT NE COR OF LOT 5 BLK 8 RUN N 89-57-55 W 47.96 FT S 90.40 FT S 89-57-55 E 47.96 FT N 90.40 FT TO POB BEING PART OF LOTS 4 & 6 LOT 5 PB 10 PG 59 ORB 4606 PG 241
  • Flood Zone Info: X
  • APN: 311927020000800400
  • Property ID: 311927020000800400
  • Block/Lot/Section: 8

Listed by Homestead Real Estate Llc

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— 351 N Donnelly St —

  • Homestead Real Estate Llc

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 351 N Donnelly St

School District:Lake County School District
NameGradesDistance
Triangle Elementary School
1707 Eudora Road, Mount Dora, FL 32757
PK-52.1 mi
Mt. Dora Middle School
1405 Lincoln Avenue, Mount Dora, FL 32757
6-81 mi
Mt. Dora High School
700 North Highland Street, Mount Dora, FL 32757
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 351 N Donnelly St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$3,000,000
160.87%
MLS
4/01/2015
Sold
$1,150,000
—
Public Record
Get Price Alerts and Save Property
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 for 351 N Donnelly St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,725
—
$766,294
3%
2024
$14,725
12%
$746,616
10%
2023
$13,108
7%
$679,985
11%
2022
$12,253
—
$613,274
—
2021
$12,195
8%
$615,964
17%
2018
$11,328
9%
$527,923
4%
2017
$10,416
-16%
$505,423
-12%
2019
$12,337
30%
$572,923
24%
2016
$9,502
16%
$460,423
19%
2015
$8,205
11%
$385,893
9%
2014
$7,386
5%
$354,717
-1%
2013
$7,038
—
$356,781
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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351 N Donnelly Street, Mount Dora, FL 32757 (MLS# G5116436) is a Commercial property. 351 N Donnelly Street is currently listed for $3,000,000 and was received on September 09, 2026. Want to learn more about 351 N Donnelly Street? Do you have questions about finding other Commercial 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.

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