Flexible Retail
For Sale
Under Contract
$395,000
2315 W OLD US HIGHWAY 441, Mount Dora, FL 32757
Commercial Sale, MOUNT DORA, FL
Property Size1,875 SF
Lot Size0.15 Acres
Price / SF$210.67
Days on Market51
Property Features for 2315 W OLD US HIGHWAY 441
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-2
Window features
Blinds
Subdivision
SYLVAN SHORES
Directions
From SR-429, continue north toward Mount Dora and merge onto US-441 N. Continue on US-441 N, turn left onto Morningside Drive, then turn right onto W Old US Highway 441. Property will be on the right at 2315 W Old US Highway 441.
Standard status
Active Under Contract
APN
25-19-26-1100-021-02300
Size
1,875 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SYLVAN SHORES FROM SW COR OF BLK 21 RUN E'LY ALONG N R/W OF OLD HWY 441 A DIST OF 213.64 FT FOR POB RUN N 55.2 FT TO CENTER OF COURT ALSO A VACATED ST E'LY ALONG SAID CENTERLINE 109.55 FT S'LY 61.53 FT TO N R/W OF OLD HWY 441 W'LY ALONG SAID R/W 111. 88 FT TO POB PB 9 PG 56 ORB 5941 PG 1711
Tax Annual Amount
3184
Legal Description
SYLVAN SHORES FROM SW COR OF BLK 21 RUN E'LY ALONG N R/W OF OLD HWY 441 A DIST OF 213.64 FT FOR POB RUN N 55.2 FT TO CENTER OF COURT ALSO A VACATED ST E'LY ALONG SAID CENTERLINE 109.55 FT S'LY 61.53 FT TO N R/W OF OLD HWY 441 W'LY ALONG SAID R/W 111. 88 FT TO POB PB 9 PG 56 ORB 5941 PG 1711
Utilities
Heating system
Central, Ductless (Heating), Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s), Central Air
Amenities
reception area
office space
storage
flex spaces
private restroom
Building Details
Year built
1948
Floors in Building
1
Building materials
Block
Roof type
Shingle
Buildings
1
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Sonnylove Alicea
(407) 242-7116
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 25 at 5:06PM
MLS# O6439766
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,875-square-foot retail property is a block building constructed in 1948, with a shingle roof and a layout suited to varied commercial configurations. The interior includes a front reception area, dedicated offices, storage, a private restroom, and two large flex areas positioned on opposite sides of the building. Central air, electric heating, ductless heating, and window or wall units are included among the listed systems.
The property occupies 0.15 acres along Old US Highway 441 in Mount Dora, Florida, near historic Downtown Mount Dora. Approximately 13 parking spaces serve the site. C-2 zoning and the combination of reception, office, storage, and open flex areas support a range of retail and professional space arrangements.
The property occupies 0.15 acres along Old US Highway 441 in Mount Dora, Florida, near historic Downtown Mount Dora. Approximately 13 parking spaces serve the site. C-2 zoning and the combination of reception, office, storage, and open flex areas support a range of retail and professional space arrangements.
Key Highlights
- 1,875 SF retail property on 0.15 acres
- C‑2 zoning along Old US Highway 441
- Two large flex areas support varied interior configurations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,013
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,260
$560.3K
Cap Rate 7%
$400,186
$400.2K
Cap Rate 9%
$311,256
$311.3K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$45.0K $24.00/SF
− Vacancy
−$7.7K −$4.08/SF
EGI
$37.4K $19.92/SF
− OpEx
−$9.3K −$4.98/SF
NOI
$28.0K $14.94/SF
Area
Lake County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,260
Cap Rate 7%
$400,186
Cap Rate 9%
$311,256
Alternative Uses
Best Use
Office B
$400.2K
$350.2K – $466.9K
NOI $28,013 @ 7.0% cap · market cap 7.09%
Second Best
Retail
$316.9K
$277.3K – $369.7K
NOI $22,184 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$533.6K
$466.9K – $622.5K
NOI $37,350 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 32757, FL
30,315
Population
14,625
Households
2.1
Avg Household Size
49
Median Age
36%
College-Educated
92%
High-School Grad
35.3 sq mi
ZIP Area
859
Density / Sq Mi
$73,327
Median Household Income
$40,565
Median Earnings
$1,474
Median Rent
$325,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-2-zoned commercial property with adaptable interior space, a private restroom, and on-site parking.
Where is this retail space located?
The property is located at 2315 W OLD US HIGHWAY 441 Mount Dora, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,875 SF retail property on 0.15 acres; C‑2 zoning along Old US Highway 441; Two large flex areas support varied interior configurations
