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About this home
A Rare Walk-to-Downtown Mount Dora Investment Opportunity Perfectly positioned in the heart of picturesque Mount Dora, this beautifully maintained income-producing property featuring two private residences offers an exceptional opportunity to own a turnkey investment in one of Florida's most beloved small towns. Just a short stroll from both Historic Downtown Mount Dora and the vibrant Uptown District, you'll enjoy the very best of this award-winning community. Consistently recognized by national publications as one of Florida's most charming destinations—including being named Florida's "Most Picturesque Small Town" by USA Today and celebrated by Southern Living, Travel + Leisure, and Country Living for its historic charm, boutique shopping, lakefront beauty, festivals, and exceptional quality of life—Mount Dora continues to attract residents and visitors alike. Leave the car behind and explore award-winning restaurants, cozy cafés, breweries, art galleries, live music, waterfront parks, year-round festivals, the Mount Dora Center for the Arts, tennis courts, the community pool, and the city's vibrant downtown—all just minutes from your front door. Situated on a generously sized corner lot with a beautiful park-like setting, the property offers mature landscaping, expansive green space, and a peaceful setting rarely found this close to downtown. Each of the two residences features a spacious 2-bedroom, 1.5-bath floor plan thoughtfully designed for comfortable living. Both residences enjoy their own fully fenced private backyard, providing an uncommon level of privacy and outdoor living space that tenants truly appreciate. One residence also includes the convenience of an attached garage, while the other benefits from a large storage shed, offering abundant space for tools, lawn equipment, bicycles, hobbies, or additional owner storage. Lovingly maintained over the years, the property reflects true pride of ownership and has attracted exceptional long-term tenants who have cared for the homes as their own. Whether you're looking to expand your real estate portfolio, seeking a turnkey investment with immediate income, or envision living in one residence while generating rental income from the other in the future, this versatile property offers outstanding flexibility and lasting value. With both residences occupied by exceptional long-term tenants, the new owner can begin enjoying reliable rental income from the day of closing—a rare advantage in today's market. Properties of this caliber, in this location, rarely become available. Combining immediate income, an unbeatable walk-to-town location, and the enduring appeal of Mount Dora, this is a truly exceptional investment opportunity. Investment opportunities offering two private residences, established long-term tenants, private fenced backyards, a beautiful corner lot, and an unbeatable walk-to-downtown Mount Dora location are exceptionally rare. Don't miss the chance to own a truly special property in one of Central Florida's most treasured communities. Approximately 25 minutes from Orlando and less than an hour from Florida's beautiful Atlantic beaches, this is more than an investment—it is an opportunity to own a piece of the Mount Dora lifestyle.
Multi-familyProperty Type
1978Year Built
10,200 sq ftLot Size
$334Price/Sq.Ft.
1 car garageParking
Listed by Elizabeth Downes• HEIRLOOM REALTY INTERNATIONAL
Mount Dora Duplex! Recently renovated this fantastic duplex in perfectly situated on a corner lot just a short walk to downtown shops, restaurants, waterfront parks and marina. So many possibilities – rent both sides for a great income property, live in one side and rent the other or utilize as a family estate with in laws or teens! Both have new roof, cozy screened front porches and fenced back yards. BOTH sides are 2 bedroom 1.5 baths. One side is totally renovated with new flooring, smooth finish ceilings & upgraded baseboards throughout. Expanded floor plan features living room/dining room & kitchen with state-of-the-art stainless steel kitchen aid appliances, upgraded granite countertops, subway tile backsplash & solid wood cabinets w/ soft close drawers. Updated Half bathroom has pedestal sink and main bath features marble top vanity & shower with tub. Bedrooms are generously sized with plenty of closet space. Other side has new flooring, new refrigerator and one car garage. Conveniently located close to the new 429 extension with easy access to the airport, Orlando and its attractions.
Public Records
Jul 22, 2015
Sold
$180,000
$115/sq ft
Stellar MLS as Distributed by MLS Grid #G4811957
Jul 14, 2015
Listing Removed
—
Jul 13, 2015
Sold
$180,000
$115/sq ft
May 19, 2015
Pending
—
Apr 30, 2015
Listed
$183,500
$117/sq ft
Efficient Duplex located on a corner lot just off SR46 (First Ave) 2 Units 125 & 127 N Rhodes St close to downtown Mount Dora on a corner lot! GREAT INVESTMENT OPPORTUNITY! PURCHASE WITH AS LITTLE AS 0% DOWN! Both units are 2 beds, 1.5 bath with 785sqft of functional living! Private fenced in backyard, lots of storage, 1 car garage each, granite countertops with washer/dryer hookups! GREAT location with easy access to SR46, HWY 441 and minutes away from downtown Mount Dora's one-of-a-kind Boutiques, fine dining restaurants and antiquing!
Stellar MLS as Distributed by MLS Grid #G4630157
Feb 28, 2008
Listing Removed
—
Jan 2, 2008
Listed
*
Stellar MLS as Distributed by MLS Grid #G4624771
Nov 27, 2007
Listing Removed
—
Aug 15, 2007
Listed
*
Stellar MLS as Distributed by MLS Grid #G4615086
Jul 20, 2007
Listing Removed
—
Jan 16, 2007
Listed
*
Stellar MLS as Distributed by MLS Grid #G4603309
Jan 11, 2007
Listing Removed
—
Apr 28, 2006
Listed
*
Year
Property tax
Land + Additions
Assessment*
2023
$5,490 (+8.7%)
2022
$5,052 (+4.1%)
$60,000 + $186,404
$246,404
2021
$4,851 (−5.1%)
$60,000 + $177,050
$237,050
2020
$5,114 (−2.5%)
$60,000 + $177,050
$237,050
2019
$5,245 (+157.8%)
$60,000 + $177,050
$237,050
2018
$2,035 (+26.7%)
$60,000 + $177,050
$237,050
2017
$1,606 (−31.5%)
2016
$2,346 (−0.7%)
$18,000 + $93,497
$111,497
2015
$2,363 (+5.5%)
$18,000 + $91,439
$109,439
2014
$2,239 (+8.0%)
2013
$2,074 (−0.8%)
2012
$2,090
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,058 Sq. Ft.
Year renovated
1992
Finished Sq. Ft.
1,570
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,570
Year built
1978
Style
Other
County
Lake County
APN
32-19-27-1100-00A-00H00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 19, 2024.
RP
WEKIVA STUDY AREA
Residential Professional District
This district is established to provide areas where existing residential structures can be utilized for office use and not adversely affect adjacent property owners or traffic patterns. The district would generally be found in transitional neighborhoods along major roads and adjacent to commercial areas to provide a transition to adjacent residential areas. Areas of the city appropriate for this district are included in the residential professional office designation on the future land use map of the comprehensive plan.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
Fire house
Police station
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mount Dora, FL • 32757
Average low and high temperatures (°F)
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66
79
57
73
53
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Feb
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May
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Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 125 N Rhodes St
$501,052
$24K under list price of $525K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $570K.