Value-add triplex with immediate income and strong upside. This 3-unit multifamily offers a rare blend of stability and opportunity: two units are fully renovated, with one currently leased at $1,800/month to a long-term tenant (nearly 2 years) with 6+ months remaining on the lease, and one renovated unit rent-ready for immediate placement. The third (largest) unit is in progress, giving the next owner a clear path to increase rents and overall value once completed. Priced with the renovation upside in mind—ideal for an investor looking to finish, stabilize, and either hold for cash flow or reposition for a flip.
Home facts updated by county records on Jul 23, 2026
Sale and tax history for 2387 Sheridan Rd
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4699693
Jul 31, 2026
Listing Removed
—
Jul 10, 2026
Listed
*
Fizber.com #11564404
Feb 21, 2026
Listed
$435,000
$174/sq ft
Stellar MLS as Distributed by MLS Grid #G5049995
Apr 12, 2022
Sold
$422,000
$169/sq ft
Mar 7, 2022
Pending
—
Feb 24, 2022
Relisted
—
Feb 20, 2022
Pending
—
Jan 8, 2022
Price Changed
$432,000
$173/sq ft
Dec 18, 2021
Listed
$442,000
$177/sq ft
Just Minutes from Sought After Downtown Mount Dora. This Well Preserved Spanish Style Mt. Dora Home is Bursting Full of Character and Charm! This Home has Gorgeous real hardwood floors, high ceilings, a vintage decorative fireplace, 3/Beds 2/Bath and an interior Utility/Laundry Room . Garage has been converted into a storage area but could easily be reconfigured to traditional Garage. The property also includes 2 additional 2Bedroom, 1Baths fenced units one attached and one detached 7 Bedrooms in all!. All living areas come equipped with a washer and dryer. This Property Pays For itself ! Live in one and rent the other part or rent it all ! A few blocks walk from Lake Gertrude for Kayaking and paddle boarding Great Opportunity in this Property call your realtor today !
Stellar MLS as Distributed by MLS Grid #G5045772
Dec 17, 2021
Listing Removed
—
Nov 22, 2021
Price Changed
*
Oct 20, 2021
Price Changed
*
Oct 5, 2021
Relisted
—
Oct 5, 2021
Pending
—
Sep 16, 2021
Price Changed
*
Aug 21, 2021
Listed
*
Stellar MLS as Distributed by MLS Grid #G5020931
Oct 30, 2019
Listing Removed
—
Sep 26, 2019
Listed
*
Public Records
Aug 24, 1995
Sold
$60,000
$24/sq ft
Public Records
Jan 1, 1992
Sold
$35,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$873 (+2.8%)
$49,160 + $291,565
$340,725
2024
$850 (+29.4%)
$49,160 + $291,912
$341,072
2023
$656 (−73.4%)
$49,160 + $284,351
$333,511
2022
$2,470 (+11.4%)
2021
$2,216 (+68.5%)
2020
$1,315 (+1.8%)
2019
$1,292 (+6.8%)
2018
$1,210 (−15.3%)
2017
$1,428 (+4.1%)
2016
$1,372 (−40.4%)
2015
$2,301 (+129.6%)
$16,979 + $106,437
$123,416
2014
$1,002 (+2.0%)
2013
$982 (−13.1%)
2012
$1,130
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
1
Lot width
105 ft.
Lot depth
145 ft.
Lot size
0.35 Acres
Year renovated
1980
Finished Sq. Ft.
2,340
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,340
Year built
1926
Style
Other
County
Lake County
APN
25-19-26-1100-023-01300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
R-1
Rural Residential District
The purpose of this district is to provide a transition between agricultural and Conservation Areas and the more urban residential communities. It is intended to Permit the Development of single-family homes in an environment that is compatible with the surrounding natural resources.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Housing-Single unit
Housing-Other
Infrastructure
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 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
Mar
Apr
May
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Jul
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 2387 Sheridan Rd
$411,515
$23K under list price of $435K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $499K.