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$324,900
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Property Description
Now offered at an improved price of $345,000, this unique opportunity on a DOUBLE lot in sought-after Downtown Mount Dora blends charm, flexibility, and income potential. Located less than a mile from the historic district and within the golf cart zone, this property sits on a spacious 100x130 R2-zoned lot. The home features 2 bedrooms plus a versatile bonus room, updated flooring, and an open-concept kitchen with a warm, inviting feel. Outside, the private fenced yard includes a cement RV/camper pad with full hook-up-ideal for a second rental, guest space, or multi-generational living-along with a fire pit, patio with BBQ area, and private outdoor shower. Additional features include public sewer at the RV pad, a secondary RV hook-up, and a newly built, fully permitted 12x24 storage building. No HOA-bring your boat and toys! Conveniently located near Gilbert Park, the public boat ramp, and just blocks from downtown shops, dining, and events. R2 zoning offers future development potential (buyer to verify).
Full Property Details
Full Property Details for 521 Michigan St
General
- Price: $324,900
- Taxes: $3,861 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6389508
- Updated: 4/26/2026
- Added to Site: 56 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
- 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
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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
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
20.37%
MLS
12/28/2023
Sold
$299,000
—
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 521 Michigan St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,897
—
$243,899
-16%
2024
$4,897
45%
$289,969
35%
2023
$3,380
7%
$214,100
16%
2021
$3,170
-5%
$184,043
-11%
2022
$3,334
5%
$207,864
58%
2021
$3,170
22%
$131,193
18%
2019
$2,606
11%
$110,779
10%
2018
$2,349
24%
$100,708
10%
2017
$1,896
—
$91,553
—
2016
$1,895
-2%
$91,553
1%
2015
$1,924
3%
$90,638
1%
2014
$1,870
7%
$89,808
1%
2013
$1,750
—
$88,726
—
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 521 Michigan St
521 Michigan Street, Mount Dora, FL 32757 (MLS# O6389508) is a Single Family property with 2 bedrooms and 1 full bathroom. 521 Michigan Street is currently listed for $324,900 and was received on March 27, 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.

