498 Liberty Ave Mount Dora, FL 32757
Exceptional opportunity to acquire 3.4 acres of land zoned R-3 in desirable Mount Dora, Florida. This prime parcel, located at 498 Liberty Ave, is situated less than half a mile from the vibrant downtown area, offering unparalleled access to shops, restaurants, and the artistic atmosphere that defines Mt. Dora. The property's APN is 291927005041500001 and is being offered for sale by owner at $2,500,000. Its proximity to Gilbert Park and Lake Dora adds to its appeal. The current zoning allows for up to 61 multifamily units, presenting a significant development potential. Existing site plans for a 30-unit townhome community or a 60-unit apartment building are available for review. This represents a rare infill opportunity in a rapidly growing market, making it a strategic investment with substantial long-term value. The lush greenery surrounding the property ensures a serene and picturesque setting. This is a unique chance to create a residential development, boutique hotel, or other commercial venture in a highly sought-after location. Don't miss this chance to build your vision in the heart of Mt. Dora.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.