Active
4 beds4 baths1,570 sqft
125 N Rhodes St, Mount Dora, FL 32757
Est: $3,186/moGet pre-approved
Multi FamilyProperty Type
0.23 acresLot Size
1978Year Built
$318/sq ftPrice per sq ft
1 carParking Spaces

Description

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
...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.
87 days on Market
  • Listed by: Elizabeth Downes 352.223.9326 Elizabeth@heirloomre.com Brokerage DRE #1052650 • HEIRLOOM REALTY INTERNATIONAL
Last updated: 10/03/2026 03:17 PM • Source: MFRMLS, MLS#: O6422725

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Location

Listing Courtesy of HEIRLOOM REALTY INTERNATIONAL, Elizabeth Downes
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$3,186 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,664

Property Taxes

$522

HOA Dues

$0

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Property Information for 125 North Rhodes Street

Property Details
  • Taxes: $6,259 / year
  • MLS Type: Residential Income / Duplex
  • County: Lake County
  • Subdivision Name: JAMESON'S PLAT
  • Township: 99
  • Garage Spaces: 1
  • Waterfront: No
Building Information
  • Year Built: 1978
  • Lot Size: 0.23 AC / 10,200 SF
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Building Name Number: 125-127
  • Directions: From N. Donnlely St.turn right on to 5th Ave to Highland St. Rt to E 1st Av to Rhodes, Left to proprty
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 125
  • Street Direction Prefix: N
  • Street Name: RHODES
  • Street Suffix: STREET
  • State: FL
  • City: MOUNT DORA
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Block: 9999999
  • Tax Book Number: 9999999999
  • Tax Legal Description: 32-19-27-1100-00A-00H00
  • Tax Lot: 999999
  • Tax Year: 2025
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 321927110000A00H00
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RESIDENTIA
  • Living Area: 1570
Property and Assessments
  • Year Built Numeric: 1978
  • Flood Zone Code: x
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 99
  • Public Survey Section: 99
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Street Lights
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Brick
  • Exterior Features: Outbuilding
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Heating: Central, Electric
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Laundry Features: In Garage
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $36,840.00
  • Gross Income: $36,840
  • Unit Count: 2
Rental
Rental Information
  • Pets Allowed: Cats OK, Dogs OK

Property History for 125 North Rhodes Street

DateEvent & SourcePriceAppreciation
Oct 3, 2026

Price Change

MFRMLS #O6422725

$499,000—
Sep 8, 2026

Price Change

MFRMLS #O6422725

$525,000—
Aug 16, 2026

Price Change

MFRMLS #O6422725

$550,000—
DateEvent & SourcePrice
10/03/2026

Price Change

MFRMLS #O6422725

$499,000
09/08/2026

Price Change

MFRMLS #O6422725

$525,000
08/16/2026

Price Change

MFRMLS #O6422725

$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 125 North Rhodes Street

Taxable ValueLand$90,000Additions$232,558Total$322,558
Tax Record2024$5,941 ($495 / month)
Home Facts
Baths2Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtStories1Lot Size10,208 SqFtStyleDuplexYear Built1978Year Renovated2021ZoningR1CountyLAKEAPN32-19-27-1100-00A-00H00

Schools near 125 North Rhodes Street

This home is within Lake County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Triangle Elementary School
PublicPK to 5

Round Lake Elementary School
CharterPK to 8

Mt. Dora Middle School
Public6 to 8

Mt. Dora High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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125 North Rhodes Street is a multi-family home for sale in Mount Dora, FL 32757. This property was listed for sale on July 9, 2026 by HEIRLOOM REALTY INTERNATIONAL, it's currently listed at $499,000. It has been on the market for a total of 87 days and was last sold on December 17, 2018. This listing's school district is Lake County Schools. Nearby schools include Triangle Elementary School, Round Lake Elementary School and Mt. Dora Middle School. 125 North Rhodes Street is a 4-bed, 4-bath, 1,570 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HEIRLOOM REALTY INTERNATIONAL, Elizabeth Downes

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/03/2026 03:17 PM