$1,200,000

$309/sq ft

$75,000
Price Decreased

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Overview

Bedroom

7

Year Built

1950

Sqft

3885

Property Type

Triplex

Property Description

EXCEPTIONAL 2-PARCEL INCOME-PRODUCING OPPORTUNITY IN THE HEART OF HISTORIC DOWNTOWN MT DORA. To know Mount Dora is to love Mount Dora. This quaint lakeside community is rich in character, charm, and community. It offers a thriving arts community, frequent hometown festivals, fine dining and cozy cafes, eclectic boutiques, and abundant outdoor and water activities such as pickleball, kayaking, or leisurely boating through Old-Florida canals on the coveted Harris Chain of Lakes. This walkable, historic town will capture your heart and may just become your next home or investment. This unique property comprises two residential buildings and a pool. The first is a duplex with mirror-image one-bedroom units, featuring stylish, fresh interiors, a new roof in 2024, private front porches, living and dining areas, well-appointed full kitchens, stackable washer/dryers, separate carports, and access to the sparkling swimming pool. The second building offers two studio units and a two-bedroom, two-bathroom furnished unit, currently used as an Airbnb. Roof replaced in 2021, along with some electrical upgrades, and a mini-split A/C installed in each studio unit. The A/C unit in the two-bedroom unit was updated in 2024. All three units are connected by a screened breezeway and share a central laundry room. Each unit also enjoys a covered carport. The current owner lovingly maintains these properties, making modern updates while preserving their original charm. The three-unit property and the duplex share the fenced pool, which is a welcoming oasis on hot summer days. Imagine living in the unit of your choice and renting out the others to generate a steady stream of income. You and your Airbnb or long-term tenants will love the location, which is residential and tranquil, yet mere blocks to the marina, downtown shops and dining, Donnelly Park, and so much more. It’s approximately a 45-minute drive to the Orlando International Airport, downtown Orlando, Walt Disney World, and just an hour’s drive to Daytona and New Smyrna beaches. What a world of possibilities this unique property offers. Property includes Parcel ID # 29-19-27-0010-017-00003 and Parcel ID # 29-19-27-0010-017-00005

Property Details

MLS#

G5113249

Address

1012 BAKER N

City

Mount Dora

State/county

FL

Zip/Postal Code

32757

Area

Mount Dora

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$13,758

Maint Fee

$--

Tax Year

2025

Dryer

Electric Water Heater

Microwave

Range

Refrigerator

Washer

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Boris Gelfand