1029 5Th Ave Mount Dora, FL 32757
This exceptional investment opportunity presents a fully renovated, historic property in Mount Dora, Florida, listed at $1,995,000. The 4,973 square foot property sits on a 1.01-acre lot and features two buildings: a beautifully restored historic residence and a carriage house, both redesigned for short-term rentals. The main house boasts five rental spaces – two two-bedroom units and three one-bedroom units – each with a private bath and kitchenette, sharing common living areas and outdoor space. The carriage house offers four additional units: two two-bedroom units and two one-bedroom units, each with a private bath, kitchenette, and private fenced outdoor seating. The property comfortably sleeps approximately 27 guests. All furniture, equipment, and personal property are included in the sale. Ample private parking accommodates approximately 20 vehicles. The property is zoned R-2 and was renovated in 2022. Its prime location offers convenient access to Mount Dora's attractions, including the boating center and marina, within minutes. It's also less than 45 minutes from Orlando's theme parks, an hour and 15 minutes from Daytona Beach, and within easy reach of Sanford and Orlando International Airports. This turnkey operation presents a strong cash flow potential with its established Airbnb rental business. The property's APN is 3863797.
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Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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