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$281,000
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Property Description
NOW OFFERED AT AN INCREDIBLE NEW PRICE OF $299,000! This is your opportunity to own a charming Downtown Mount Dora property situated on a rare DOUBLE LOT with R-2 zoning, offering exceptional flexibility, future potential, and value. Located less than one mile from the historic downtown district and within the golf cart zone, this unique property sits on a spacious 100x130 lot-equivalent to two lots under one ownership. The home features 2 bedrooms plus a versatile bonus room, updated flooring, and an inviting open-concept kitchen that creates a warm and welcoming atmosphere. Whether you're looking for a primary residence, investment opportunity, or property with room to grow, this home offers possibilities that are increasingly difficult to find at this price point. Step outside to enjoy a private fenced backyard complete with a cement RV/camper pad with full hook-up, creating opportunities for guests, multi-generational living, or additional income potential. Additional outdoor amenities include a fire pit, patio and BBQ area, private outdoor shower, public sewer connection at the RV pad, a secondary RV hook-up, and a newly built fully permitted 12x24 storage building. With no HOA, there is plenty of room for your boat, RV, and recreational toys. Conveniently located near Gilbert Park, the public boat ramp, waterfront attractions, restaurants, shopping, festivals, and everything that makes Mount Dora one of Central Florida's most beloved destinations. At just $299,000, properties offering this combination of location, lot size, zoning flexibility, and income-producing potential are becoming increasingly rare. Don't miss this exceptional opportunity to secure a piece of Downtown Mount Dora with room to enjoy today and possibilities for tomorrow. Buyer to verify all zoning and future development opportunities.
Full Property Details
Full Property Details for 521 Michigan St
General
- Sold For: $281,000
- Taxes: $3,861 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6389508
- Added to Site: 107 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: Gas Water Heater, Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Outdoor Grill, Outdoor Shower, Storage
Location
- Area: 32757 - Mount Dora
- County: Lake
- Development Name: 32757 - Mount Dora
- Subdivision: MOUNT DORA GRANDVIEW TERRACE
- Driving Directions: Head east on US-441 and continue for a short distance. Turn left onto Michigan St and continue to 521 Michigan St on your right.
- Direction Faces: East
School Information
- Elementary School: Triangle Elem
- Middle School: Mount Dora Middle
- High School: Mount Dora High
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, Public, Sewer Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 916
- Sq. Ft. Source: Public Records
- Living Area: 916 Sq. Ft.
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,749
- Lot Size: 13749
- Lot Dimensions: 100 x 138
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,861
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MOUNT DORA GRANDVIEW TERRACE LOTS 30 31 PB 8 PG 47 ORB 6265 PG 1173
- Flood Zone Info: X
- APN: 321927070000003000
- Property ID: 321927070000003000
Listed by Watson Realty Corp
Sold by Orange Slice Properties
Get Pre-Approved Today
Schools
Schools serving 521 Michigan St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Triangle Elementary School 1707 Eudora Road, Mount Dora, FL 32757 | PK-5 | 2.6 mi |
Mt. Dora Middle School 1405 Lincoln Avenue, Mount Dora, FL 32757 | 6-8 | 1.3 mi |
Mt. Dora High School 700 North Highland Street, Mount Dora, FL 32757 | 9-12 | 0.7 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 521 Michigan St
Date
Details
Price
Change
Source
7/07/2026
Sold
$281,000
-6.02%
MLS
5/29/2026
Price Reduced
$299,000
-7.97%
MLS
4/26/2026
Price Reduced
$324,900
-5.83%
MLS
4/17/2026
Price Reduced
$345,000
-4.14%
MLS
3/27/2026
Listed
$359,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
521 Michigan Street, Mount Dora, FL 32757 (MLS# O6389508) is a Single Family property that was sold at $281,000 on July 07, 2026. Want to learn more about 521 Michigan Street? 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.

