Active
7 beds4 baths2,500 sqft

2387 Sheridan Rd, Mount Dora, FL 32757

Multi FamilyProperty Type
$174/sq ftPrice 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.
231 days on Market
Last updated: 02/20/2026 07:00 PM
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$2,395 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,322

Property Taxes

$73

HOA Dues

$0

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Property Information for 2387 Sheridan Road

Property Details

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
Jul 31, 2026

Expired

MFRMLS #A4699693

$450,000—
Jul 10, 2026

Listed (Active)

MFRMLS #A4699693

$450,000—
Feb 21, 2026

Listed (Active)

FIZBER #11564404

$435,000—
DateEvent & SourcePrice
07/31/2026

Expired

MFRMLS #A4699693

$450,000
07/10/2026

Listed (Active)

MFRMLS #A4699693

$450,000
02/21/2026

Listed (Active)

FIZBER #11564404

$435,000

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

Public records

2387 Sheridan Road

Baths

2

Total Finished SqFt

2,412 SqFt

Above Grade Finished SqFt

2,412 SqFt

Stories

1

Lot Size

15,225 SqFt

Style

Duplex

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.

Similar Homes

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 231 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 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.

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