About 1124 East 1st Avenue
Under contract-accepting backup offers. UNIQUE OPPORTUNITY TO OWN A TRIPLEX IN THE DESIRABLE AREA OF MOUNT DORA. A HISTORIC AND HIGHLY RATED AIRBNB town with charm and friendly neighbors! The three independent units have been impeccably maintained and move in ready! Unit 1124 and 1126 A have 1 room and 1 bath. Unit 1126 B is a studio. Every unit has an entrance and exit door, full kitchen and full bath. Land has been zoned as a multiple- Family up to 10 Units! Increase your passive income today in all market conditions. Each unit has its own electricity meter box. The large Shed that can be converted into a mother in law, and/or office space, and/or another Unit with small investment will further increase your cap rate, and/or the indoor entertaining movie theater for your AIRBNB. The Historic and Charming Mount Dora, known for its rolling hills, canopy oak trees, antique shops, boutiques, diverse dining options, entertainment, and annual festivals. Only 35 minutes to downtown Orlando and all theme parks. 45 minutes to Orlando International Airport. Only an hour to the Beautiful East Coast Beaches! Also, several public boat ramps nearby, boat storage areas and marinas. This area is known for its Beautiful lakes. The Harris Chain of Lakes comprises 8 primary lakes, known for sailing, boating, water-skiing, but it’s best known for it’s world class bass fishing. Near to a 35 acre recreation park with a dog park, disc golf, hiking, and mountain bike trails. Call today for a private tour! Bring in all offers. This is the best MULTI-FAMILY property you will find on the market! Beds Total: 2 Baths Total: 3 Units # Beds # Baths Expected Rent Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway space Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway Space Type: Studio 0 1 $1000 500 Desc: Carport or driveway space Open Parking space
Features of 1124 East 1st Avenue
MLS® # | O6288491 |
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Price | $539,000 |
Bedrooms | 2 |
Bathrooms | 3.00 |
Square Footage | 2,013 |
Acres | 0.28 |
Year Built | 1951 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Pending |
Community Information
Address | 1124 East 1st Avenue |
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Area | Mount Dora |
Subdivision | MOUNT DORA OAKWOOD |
City | MOUNT DORA |
County | Lake |
State | FL |
Zip Code | 32757 |
Amenities
Parking | Driveway |
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Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fans(s), Eat-in Kitchen, L Dining, Thermostat, Walk-In Closet(s) |
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Appliances | Dishwasher, Electric Water Heater, Range, Refrigerator |
Heating | Electric |
Cooling | Central Air, Wall/Window Unit(s) |
Fireplace | No |
Exterior
Exterior Features | Courtyard, Fence, Garden, Private Mailbox, Rain Gutters |
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Roof | Metal, Shingle |
Foundation | Slab |
School Information
Elementary | Round Lake Elem |
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Middle | Mount Dora Middle |
High | Mount Dora High |
Additional Information
Date Listed | March 11th, 2025 |
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Days on Market | 10 |
Zoning | R-2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | A2Z REALTY GROUP |
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