Price Reduced 1.82%
Price History
$275,000
6/5/2025
$270,000
10/30/2025
1225 E 1ST AVENUE, Mount Dora, FL, 32757
5 rooms
3 beds
1 Full baths
1946
1,080 sqft
Prime Mount Dora Investment Property – Zoned R-2 with Strong Income Potential 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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup, In Garage, Washer Hookup
Subdivision:
KIMBALL'S SUB
Garage:
1-car
Heating:
Central
Cooling:
Central Air
Acreage:
0.36
Est. Taxes:
$4,968
Construction
Wood Frame
Utilities
Electricity Connected, Sewer Connected, Water Connected
Days on Market:
216
Appliances:
Dishwasher, Range, Range Hood, Refrigerator
Min Lease Term:
No Minimum
MLS #:
G5097178
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of EXIT REALTY TRI-COUNTY 352-385-3948