Mount Dora FL Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- O6230221
- Subdivision:
- Tangerine
View additional info
Courtesy: COMPASS FLORIDA LLC
407-203-9441
Drew Belani
ADDITIONAL INFORMATION
Rare opportunity to own a VALUE ADD CASH FLOWING QUADRUPLEX at a 6.7% cap. Excellent location near charming and sought-after growing Mount Dora, Florida. This unique property at 5550 Huron Street offers a total of 3041 square feet of living space on an expansive 22408 square foot lot. Each of the four units features individual wall-mounted air conditioning units, well-appointed kitchens, private entrances, and mailboxes for added convenience. Unit 1 boasts fresh new carpet, new bathroom tile. New shared laundry shed with new washer and dryer. Nestled in a tranquil and well-maintained neighborhood, this quadruplex boasts a large and impeccably manicured yard, providing a serene outdoor space for residents to enjoy. Ample street parking and dedicated parking directly in front of each unit ensure hassle-free parking for all occupants. With a consistent annual income of $41,700 and low property maintenance, this property presents an exceptional opportunity for rental growth, and improvements. The electrical system is up to date as of 2024, offering peace of mind to the future owner. Conveniently located just minutes away from boutique shopping, waterside restaurants, and renowned "modernism" museums in downtown Mount Dora, this quadruplex is perfectly positioned to give residents a vibrant and diverse lifestyle. Mount Dora is a thriving area of Orange County, known for its scenic lakes, annual festivals, and diverse culinary scene, making it a highly desirable community for residents and investors alike. Don't miss this incredible opportunity to add a valuable asset to your portfolio in the rapidly growing Mount Dora area.
Mount Dora Real Estate
The median home value in Mount Dora, FL is $446,740. This is higher than the county median home value of $358,200. The national median home value is $338,100. The average price of homes sold in Mount Dora, FL is $446,740. Approximately 52.29% of Mount Dora homes are owned, compared to 33.35% rented, while 14.37% are vacant. Mount Dora real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mount Dora real estate agent to arrange a tour today!
Mount Dora, Florida has a population of 15,830. Mount Dora is less family-centric than the surrounding county with 22.85% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Mount Dora, Florida is $60,500. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Mount Dora is 49.3 years.
Mount Dora Weather
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 51.2 inches per year, with 0 inches of snow per year.