1029 East 5th Avenue

Mount Dora, FL 32757

$1,995,000
Price
Beds
6,750 Sq. Ft.
$296 / Sq. Ft.
6,750
Sq. Ft.
$296
per Sq. Ft.

Description

10 cap Cash-Flow SFR Short-Term Rental Property in Historic Mt Dora, Florida. This home was built in the 1800s, and was recently completely renovated. The Estate of Mt. Dora is a two-story boutique hotel that has been renovated along with a separate Carriage House and sits on 1.017 acres. All furniture, equipment, and personal property convey. The property has its own private parking, which allows for approximately 20 vehicles. The Space-Main House
All Rooms share a downstairs living room, a large
...10 cap Cash-Flow SFR Short-Term Rental Property in Historic Mt Dora, Florida. This home was built in the 1800s, and was recently completely renovated. The Estate of Mt. Dora is a two-story boutique hotel that has been renovated along with a separate Carriage House and sits on 1.017 acres. All furniture, equipment, and personal property convey. The property has its own private parking, which allows for approximately 20 vehicles. The Space-Main House
All Rooms share a downstairs living room, a large kitchen, and an outdoor seating area. There are 5 bedrooms in the main house, each with a private bath and a kitchenette. Two of the Bedrooms are downstairs with the remaining bedrooms located upstairs. Sleeps approximately 17 guests

Carriage house-There are 4 rooms in the carriage house, each with its own entry. Each room has a private bath, kitchenette, and private fenced-in outdoor seating. One of the rooms is a 2 bedroom suite and is located upstairs. Sleeps an additional 10 guests. The guest that stays in the carriage house is not allowed to use the main house. The property is very large and there are separate driveways in the back separating the Main house from the Carriage house. Sale Bullets:
1-2 Minutes to Everything in Mt Dora
3 minutes for Mount Dora Boating Center and Marina
Less than 45 minutes from Orlando’s theme park attractions
Within 1 hr. 15 minutes to Daytona Beach
37 Minutes from Sanford International Airport
45 minutes from Orlando International Airport
  1. Listed by Kellie Wheeler • KELLIE & CO REAL ESTATE
  2. Listed by Non-Member Agent • STELLAR NON-MEMBER OFFICE

Property Details for 1029 East 5th Avenue

Subdivision Name
MARATHON
Township
19S
Carport Spaces
2
Waterfront
No

Location

Listing Courtesy of KELLIE & CO REAL ESTATE, Kellie Wheeler; STELLAR NON-MEMBER OFFICE, Non-Member Agent
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LISTING UPDATED: 04/01/2024 12:06 PM

Property Details for 1029 East 5th Avenue

StatusActive
MLS #G5063660
Days on Market465
Taxes$10,301 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1877
Lot Size1.02 AC / 44,304 SF
CountyLake County

Location

Listing Courtesy of KELLIE & CO REAL ESTATE, Kellie Wheeler; STELLAR NON-MEMBER OFFICE, Non-Member Agent
Add your commute

Building Information for 1029 East 5th Avenue

Stories-Residences2Year Built1877Building Size-Lot Size1.02 AC / 44,304 SF

Payment Calculator

$11,746 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$858

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1029 East 5th Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 7964.0
  • Building Area Units: Square Feet
  • Directions: From Orlando-l-4 E to exit 90 A-B to merge onto FL-414 W Maitland Blvd, merge onto FL-429 N, exit 39 for FL-453 N toward Mount Dora/Leesburg, Merge onto FL 46W toward Mount Dora/Leesburg, continue on Fl-46 W, keep left, continue onto E 1st Ave., turn right onto N. Simpson St., turn Left onto E 5th Ave. Property will be on the right.
  • Elementary School: Triangle Elem
  • Middle Or Junior School: Mount Dora Middle
  • High School: Mount Dora High
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1029
  • Street Direction Prefix: E
  • Street Name: 5TH
  • Street Suffix: AVENUE
  • State: FL
  • City: MOUNT DORA
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Circular Driveway, Driveway, Guest, Open
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 61-72
  • Tax Legal Description: MARATHON PB 61 PG 72 LOT 1 ORB 4208 PG 594 ORB 4263 PG 2487
  • Tax Lot: 1
  • Tax Year: 2021
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Historic District, In City Limits, Landscaped, Level/Flat, Oversized Lot, Street Paved
  • Lot Size Dimensions: 159x284
  • Parcel Number: 29-19-27-0020-000-00100
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 6750
  • Lot Dimensions: 159x284
Property and Assessments
  • Year Built Numeric: 1877
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 1
  • Property Condition: Completed
  • Public Survey Range: 27E
  • Public Survey Section: 29
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Exterior Features: Balcony, Courtyard, Irrigation System, Sidewalk, Storage
  • Foundation Details: Crawlspace
  • Levels: Two
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Patio, Porch, Rear Porch, Screened, Side Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Fire Alarm
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Heating: Central, Electric
  • Interior Features: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Thermostat, Window Treatments
  • Laundry Features: Inside
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $189,233
  • Annual Net Income: $189,233.00
  • Gross Income: $264,625
  • Total Monthly Expenses: $6,283
  • Unit Count: 9
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Pro Forma 1: 2281
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Pro Forma 2: 2281
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Pro Forma 3: 2433
  • Unit Type Type 3: 1 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Pro Forma 4: 2433
  • Unit Type Type 4: 1 Bed/1 Bath
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 2
  • Unit Type Pro Forma 5: 2433
  • Unit Type Type 5: 1 Bed/1 Bath
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 2
  • Unit Type Pro Forma 6: 2509
  • Unit Type Type 6: 2 Bed/1 Bath
Unit 7
  • Unit Type Baths Total 7: 1
  • Unit Type Beds Total 7: 2
  • Unit Type Pro Forma 7: 2661
  • Unit Type Type 7: 2 Bed/2 Bath
Unit 8
  • Unit Type Baths Total 8: 1
  • Unit Type Beds Total 8: 1
  • Unit Type Pro Forma 8: 2509
  • Unit Type Type 8: 1 Bed/1 Bath
Unit 9
  • Unit Type Baths Total 9: 1
  • Unit Type Beds Total 9: 1
  • Unit Type Pro Forma 9: 2509
  • Unit Type Type 9: 1 Bed/1 Bath
Rental
Rental Information
  • Total Actual Rent: $22,052
  • Minimum Lease Period: 0

Property History for 1029 East 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1029 East 5th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2022$11,482 ($957 / month)
Home Facts
Baths6Total Finished SqFt3,289 SqFtAbove Grade Finished SqFt3,289 SqFtStories2Lot Size44,304 SqFtStyleQuadraplexYear Built1877Year Renovated1980CountyLAKEAPN29-19-27-0020-000-00100Fireplace TypeSingle

Schools near 1029 East 5th Avenue

This home is within Lake.
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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1029 East 5th Avenue is a multi-family home for sale in Mount Dora, FL 32757. This property was listed for sale on January 24, 2023 by KELLIE & CO REAL ESTATE, it's currently listed at $1,995,000. It has been on the market for a total of 465 days and was last sold on July 15, 2022. This listing's school district is Lake. Nearby schools include Triangle Elementary School, Round Lake Elementary School and Mt. Dora Middle School. 1029 East 5th Avenue is a 0-bed, 0-bath, 6,750 sqft multi-family home built in 1877.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLIE & CO REAL ESTATE, Kellie Wheeler; STELLAR NON-MEMBER OFFICE, Non-Member Agent

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: 04/01/2024 12:06 PM