330 Highland St Mount Dora, FL 32757-5702
This exceptional investment opportunity in Mount Dora, Florida, presents a unique blend of hospitality and commercial real estate. The property encompasses two buildings totaling 2,943 square feet on a 0.44-acre lot zoned C-2A. One building, a recently renovated 2-bedroom, 2-bathroom residence (1,297 sq ft), currently operates as a successful short-term vacation rental accommodating six guests, featuring king-size beds in each bedroom, a queen sleeper sofa, and a fully equipped kitchen. It also includes a screened-in Florida room and overlooks a spacious backyard. The second building (1,036 sq ft plus 312 sq ft garage and 208 sq ft of porch space) offers versatile commercial space, ideal for office or retail use. This building features six office spaces, a fully equipped kitchen with range, refrigerator, and microwave, and two bathrooms. Both buildings have undergone recent renovations. The property's prime location offers easy access to Mount Dora's historic district, the Mount Dora Boating Center and Marina (within 3 minutes), and major attractions like Orlando's theme parks (under 50 minutes), Daytona Beach (within 1 hour 15 minutes), and Sanford and Orlando International Airports (within 39 and 45 minutes respectively). The land value is $254.81 per square foot. This property presents a compelling opportunity for investors seeking strong rental income and potential for appreciation in a thriving Florida market. The property's address is 330 S Highland St, Mount Dora, FL 32757, and the APN is 1470161. Built in 1961, this one-story property offers a rare combination of residential and commercial income streams.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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