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Property profile & analytics
OFF-MARKET
Land

498 Liberty Ave Mount Dora, FL 32757

3.4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.4 ac (148,104 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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