330 S Highland STREET, Mount Dora, FL, 32757 | $749,900

Commercial (Office/Retail) building and residential rental investment home on . 44 acres zoned C-3A (Mount Dora FL) with a total of 2943 SF, (home #1-1297sf; home #2-1036sf, garage at 312sf, front open porch of 106sf, and a back finished porch of 192sf). Two houses on one lot, one which is currently used for a short-term vacation rental house (it can be used as a long-term residential rental as well), and the other building can be used as an office/retail rental property. Both have been recently renovated and are centrally located close to the heart of historic Mount Dora.

The residential rental is a 2 bed/2 bath, residence that sleeps 6 and each bedroom has a king-size bed. The large family room has sectional sofa as well as an additional queen size sleeper-sofa. The fully equipped kitchen has a range, refrigerator, microwave, and dishwasher. The screened-in Florida room overlooks the large back yard.

The Commercial/Office/Retail space has 6 office/spaces, a fully equipped kitchen with a range, refrigerator and microwave, two bathrooms, and a large front “porch” space.

Site Description:
Private Parking on site which allows approximately 10 vehicles. Sale Bullets: 1-2 Minutes to Everything in Mt Dora 3 minutes for Mount Dora Boating Center and Marina Less than 50 minutes from Orlando’s theme park attractions Within 1 hr. 15 minutes to Daytona Beach 39 Minutes from Sanford International Airport 45 minutes from Orlando International Airport.

Features

  • Units: 2
  • Lot Size: 52 x 140
  • Year Built: 1961
  • Garage: 1-car Open
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,333
  • Acreage: 0.44
  • Lot Size: 52 x 140
  • Est. Taxes: $3,116
  • Lot Desc: Historic District, City Lot, Level, Near Marina, Oversized Lot
  • Elem. School: Triangle Elem
  • Middle School: Mount Dora Middle
  • High School: Mount Dora High
  • Appliances: Dishwasher, Microwave, Refrigerator
  • MLS#: G5063661
  • Days on Market: 406 days
  • Website: https://www.raveis.com
    /prop/G5063661/330shighlandstreet_mountdora_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/11/2024 10:02:11 AM)
Listing courtesy of KELLIE & CO REAL ESTATE   Phone: 407-617-4186

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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330 S Highland STREET, Mount Dora, FL, 32757

$749,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,920 $599,920 $599,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $260 $260 $260
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,093 $4,042 $5,144
Total Monthly Payment $4,445 $4,394 $5,496

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.