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1012 S BAKER STREET, Mount Dora, FL, 32757 | $1,275,000
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
Features
- Bedrooms: 7
- Units: 5
- Lot Size: 141 x 280
- Laundry: Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup
- Year Built: 1950
- Garage: Assigned, Covered, Driveway
- Heating: Electric, Zoned
- Cooling: Mini-Split Unit(s)
- Approx Sq. Feet: 3,885
- Acreage: 0.44
- Lot Size: 141 x 280
- Est. Taxes: $13,758
- Lot Desc: Corner Lot, Level, Sidewalk
- Pool: Gunite, In Ground
- Pet Policy: Cats OK, Dogs OK, Yes
- Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: G5113249
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/G5113249/1012sbakerstreet_mountdora_fl?source=qrflyer
Listing courtesy of ERA GRIZZARD REAL ESTATE Phone: 352-735-4433
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1012 S BAKER STREET, Mount Dora, FL, 32757
$1,275,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.320% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,147 | $1,147 | $1,147 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,115 | $6,280 | $8,607 |
| Total Monthly Payment | $7,386 | $7,551 | $9,878 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388