Address
1029 E 5th AVENUE, MOUNT DORA, FL
Price
$ 1,995,000
Property Attributes
  • MLS#G5063660
  • TypeIncome
  • CountyLAKE
  • CityMOUNT DORA
  • AreaMount Dora
  • NeighborhoodMarathon
  • Zip32757
  • StyleMulti Family
  • Year Built1877
  • Taxes$ 10300
  • Price$ 1,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6750
  • Lot Size1.02 Acres
Data Source:
Stellar MLS
Property Description

10 cap Cash-Flow SFR Short-Term Rental Property in Historic Mt Dora, Florida. This home was built in the 1800s, and was recently completely renovated. The Estate of Mt. Dora is a two-story boutique hotel that has been renovated along with a separate Carriage House and sits on 1.017 acres. All furniture, equipment, and personal property convey. The property has its own private parking, which allows for approximately 20 vehicles. The Space-Main House All Rooms share a downstairs living room, a large kitchen, and an outdoor seating area. There are 5 bedrooms in the main house, each with a private bath and a kitchenette. Two of the Bedrooms are downstairs with the remaining bedrooms located upstairs. Sleeps approximately 17 guests Carriage house-There are 4 rooms in the carriage house, each with its own entry. Each room has a private bath, kitchenette, and private fenced-in outdoor seating. One of the rooms is a 2 bedroom suite and is located upstairs. Sleeps an additional 10 guests. The guest that stays in the carriage house is not allowed to use the main house. The property is very large and there are separate driveways in the back separating the Main house from the Carriage house. Sale Bullets: 1-2 Minutes to Everything in Mt Dora 3 minutes for Mount Dora Boating Center and Marina Less than 45 minutes from Orlando’s theme park attractions Within 1 hr. 15 minutes to Daytona Beach 37 Minutes from Sanford International Airport 45 minutes from Orlando International Airport

Elementary School Middle School High School
Triangle Elem Mount Dora Middle Mount Dora High
Price History
1/24/2023 Listed $1,800,000
6/10/2023 3% - $1,750,000
8/1/2023 9% - $1,600,000
10/23/2023 7% - $1,500,000

General Features

Interior Features Built-in Features,Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,High Ceilings,Thermostat,Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Mini-Split Unit(s)
Utilities BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Built-In Oven,Cooktop,Dishwasher,Dryer,Ice Maker,Microwave,Range Hood,Refrigerator,Washer
Exterior Features Balcony,Courtyard,Irrigation System,Sidewalk,Storage
Zoning R-2
Patio/Porch Features Covered,Patio,Porch,Rear Porch,Screened,Side Porch
Security Features Fire Alarm
Construction Materials Vinyl Siding,Wood Frame
Year Built 1877
Levels Two
Property SubType Multi Family
Tax Year 2021
Percent Ownership Fee Simple
County Lake
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name MARATHON
Garage Y/N No
Other Structures Gazebo
Status Active
Directions From Orlando-l-4 E to exit 90 A-B to merge onto FL-414 W Maitland Blvd,merge onto FL-429 N,exit 39 for FL-453 N toward Mount Dora/Leesburg,Merge onto FL 46W toward Mount Dora/Leesburg,continue on Fl-
High School Mount Dora High
City MOUNT DORA
Buyer Agent Compensation 3.00%
Senior Community Y/N No
Total Units 2
MLS Area 32757 - Mount Dora
Lot Size Square Feet 44304
Private Pool No
Waterfront Y/N No
Carport Spaces 2
Carport Y/N Yes
Street Name 5th
Listing Terms Cash,Conventional,Other
Elementary School Triangle Elem
Tax Annual Amount 10300.52
Middle/Junior High School Mount Dora Middle
Property Condition Completed
Public Remarks 10 cap Cash-Flow SFR Short-Term Rental Property in Historic Mt Dora,Florida. This home was built in the 1800s,and was recently completely renovated. The Estate of Mt. Dora is a two-story boutique ho
Lease Considered Y/N Yes
Days on Market 431
Standard Status Active
Tax Lot 1
Legal Description MARATHON PB 61 PG 72 LOT 1 ORB 4208 PG 594 ORB 4263 PG 2487
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Carpet,Tile,Vinyl,Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Inside
LivingAreaSource Owner
Living Area Units Square Feet

Exterior Features

Parking Features Circular Driveway,Driveway,Guest,Open
Lot Features Historic District,City Lot,Landscaped,Level,Oversized Lot
Water Source Public
Lot Size Area 1.0171
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 7964
Lot Dimensions 159 x 284
Lot Size Acres 1.02
Road Surface Type Paved,Asphalt
Lot Size Units Acres
Covered Spaces 2
Road Frontage Type Street Paved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32757

Price
AVG $1.37M
$2M
Taxes
AVG $6,708
$10,300
Visits
AVG 768
370
Data Provided by Inside Real Estate®
Year Built
AVG 1919
1877