1225 E 1ST AVE Mount Dora, FL 32757
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $250
Subdivision Kimball'S Sub
MLS Listing ID G5097178
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1946
Annual Tax Amount $4,967
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Lake
Community Kimball'S Sub
Area 32757 - Mount Dora
Zoning R-2
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Laminate, Wood
Fireplace false
Appliance Dishwasher, Range, Range Hood, Refrigerator
Laundry Electric Dryer Hookup, In Garage, Washer Hookup
Exterior
Exterior Feature Sliding Doors
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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