2387 Sheridan Rd

4
Baths
2,500 Sq. Ft.
$174 / Sq. Ft.
2,500
Sq. Ft.
$174
per Sq. Ft.

Description

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...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.
LISTING UPDATED: 02/20/2026 07:00 PM

Property Details for 2387 Sheridan Road

StatusActive
MLS #11564404
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyLake County
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Payment Calculator

$2,182 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,111

Property Taxes

$71

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2387 Sheridan Road

Interior and Exterior Features
Interior Features
  • Quarter Baths: 1
  • Halfbaths: 0
  • Threequarterbaths: 0
  • Fullbaths: 3
  • Bedrooms: 7

Property History for 2387 Sheridan Road

DateEvent & SourcePriceAppreciation
Feb 21, 2026

Listed (Active)

FIZBER #11564404

$435,000
Apr 12, 2022

Sold (Public Record)

Public Record #1488811242

$422,000
Apr 12, 2022

Sold

MFRMLS #G5049995

$422,000
Mar 6, 2022

Pending

MFRMLS #G5049995

Dec 18, 2021

Listed (Active)

MFRMLS #G5049995

$442,000
Dec 17, 2021

Withdrawn

MFRMLS #G5045772

$442,000
Aug 21, 2021

Listed (Active)

MFRMLS #G5045772

$450,000
Dec 16, 2019

Expired

MFRMLS #G5020931

$385,000
Sep 26, 2019

Listed (Active)

MFRMLS #G5020931

$385,000
DateEvent & SourcePrice
02/21/2026

Listed (Active)

FIZBER #11564404

$435,000
04/12/2022

Sold (Public Record)

Public Record #1488811242

$422,000
04/12/2022

Sold

MFRMLS #G5049995

$422,000
03/06/2022

Pending

MFRMLS #G5049995

12/18/2021

Listed (Active)

MFRMLS #G5049995

$442,000
12/17/2021

Withdrawn

MFRMLS #G5045772

$442,000
08/21/2021

Listed (Active)

MFRMLS #G5045772

$450,000
12/16/2019

Expired

MFRMLS #G5020931

$385,000
09/26/2019

Listed (Active)

MFRMLS #G5020931

$385,000

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

Public Records for 2387 Sheridan Road

Taxable ValueLand$49,160Additions$291,565Total$340,725
Tax Record2024$850 ($71 / month)
Home Facts
Baths3Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtStories1Lot Size15,225 SqFtStyleDuplexYear Built1926Year Renovated2010CountyLAKEAPN25-19-26-1100-023-01300Fireplace TypeSingle

Schools near 2387 Sheridan Road

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

Mt. Dora Middle School
Public6 to 8

Mt. Dora High School
Public9 to 12

Lake Technical College
Charter9 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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2387 Sheridan Road is a multi-family home for sale in Mount Dora, FL 32757. This property was listed for sale on February 21, 2026 by For sale by owner, please contact, it's currently listed at $435,000. It has been on the market for a total of 26 days and was last sold on April 12, 2022. This listing's school district is Lake County Schools. Nearby schools include Triangle Elementary School, Mt. Dora Middle School and Mt. Dora High School. 2387 Sheridan Road is a 7-bed, 4-bath, 2,500 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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: 02/20/2026 07:00 PM