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521 Michigan Street
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PRICED AT ONLY: $379,000

Address: 521 Michigan Street, MOUNT DORA, FL 32757

Description

***SELLER will credit up to $5,000.00 in closing costs at closing with Sellers preferred lender!!***LOT SIZE 100X130! This unique property also has two short term rentals! Great investment opportunity and in Highly sought after Downtown Mount Dora! Discover a truly unique opportunity with this charming property! Nestled on a sprawling 100 x 130 foot lot, this R2 zoned gem is located less than a mile to the picturesque historic downtown Mount Dora, right in the vibrant golf cart district. Currently, it boasts two delightful vacation rentals that capture the essence of relaxation and creativity. The first rental is an enchanting, artsy cottage, constructed with sturdy block and exuding a warm, inviting atmosphere. Inside, youll find two bedrooms and a lovely bonus room that currently serves as a dining area, perfect for sharing meals and memories. Recently updated, this cottage features stylish new flooring that complements its welcoming vibe, along with an open kitchen that beckons joyful gatherings. Step outside, and through a complete privacy fence, youll encounter a vintage camper on its own cement padan adventurous second vacation rental! This whimsical dwelling comes complete with its own fire pit, ideal for cozy evenings under the stars, as well as a delightful dining patio where you can grill your own BBQ meals. Dont miss the unique "private outdoor shower," offering a refreshing escape after a day of outdoor fun. To add to the convenience, this camper is connected to its own public sewer line, and there's an additional hookup available for another RVperfect for welcoming friends and family! A newly constructed storage building, measuring 12x24 feet, stands proudly on the property, fully permitted and ready to serve your storage needs. (approx cost 20k 2025) With no HOA constraints, you have the freedom to park your boat, and just a stone's throw away is the beautiful Gilbert Parkyour launching point for exciting water adventures. Plus, youll love the convenience of being a couple of blocks from all the charming downtown shops and delightful restaurants that make Mount Dora special. For future investment, the R2 zoning should allow a duplex or a fourplex after lots are separated! Or your dream home right in the perfect location!! (was formerly two lots 30 & 31, buyer or buyers agent to verify with the city)

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  • MLS#: O6339259 ( Residential )
  • Street Address: 521 Michigan Street
  • Viewed: 110
  • Price: $379,000
  • Price sqft: $357
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 1063
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 160

Description

***SELLER will credit up to $5,000.00 in closing costs at closing with Sellers preferred lender!!***LOT SIZE 100X130! This unique property also has two short term rentals! Great investment opportunity and in Highly sought after Downtown Mount Dora! Discover a truly unique opportunity with this charming property! Nestled on a sprawling 100 x 130 foot lot, this R2 zoned gem is located less than a mile to the picturesque historic downtown Mount Dora, right in the vibrant golf cart district. Currently, it boasts two delightful vacation rentals that capture the essence of relaxation and creativity. The first rental is an enchanting, artsy cottage, constructed with sturdy block and exuding a warm, inviting atmosphere. Inside, youll find two bedrooms and a lovely bonus room that currently serves as a dining area, perfect for sharing meals and memories. Recently updated, this cottage features stylish new flooring that complements its welcoming vibe, along with an open kitchen that beckons joyful gatherings. Step outside, and through a complete privacy fence, youll encounter a vintage camper on its own cement padan adventurous second vacation rental! This whimsical dwelling comes complete with its own fire pit, ideal for cozy evenings under the stars, as well as a delightful dining patio where you can grill your own BBQ meals. Dont miss the unique "private outdoor shower," offering a refreshing escape after a day of outdoor fun. To add to the convenience, this camper is connected to its own public sewer line, and there's an additional hookup available for another RVperfect for welcoming friends and family! A newly constructed storage building, measuring 12x24 feet, stands proudly on the property, fully permitted and ready to serve your storage needs. (approx cost 20k 2025) With no HOA constraints, you have the freedom to park your boat, and just a stone's throw away is the beautiful Gilbert Parkyour launching point for exciting water adventures. Plus, youll love the convenience of being a couple of blocks from all the charming downtown shops and delightful restaurants that make Mount Dora special. For future investment, the R2 zoning should allow a duplex or a fourplex after lots are separated! Or your dream home right in the perfect location!! (was formerly two lots 30 & 31, buyer or buyers agent to verify with the city)
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outdoor Grill, Outdoor Shower, Storage
  • Fencing: Other
  • Flooring: Luxury Vinyl
  • Living Area: 916.00
  • Other Structures: Other, Shed(s), Storage
  • Roof: Shingle
Land Information
  • Lot Features: City Limits, Oversized Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, RV Access/Parking
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Gas Water Heater, Range, Range Hood, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor
  • Legal Description: MOUNT DORA, GRANDVIEW TERRACE LOTS 30, 31 PB 8 PG 47 ORB 5709 PG 559
  • Levels: One
  • Area Major: 32757 - Mount Dora
  • Occupant Type: Vacant
  • Parcel Number: 32-19-27-0700-000-03000
  • Possession: Close Of Escrow
  • Style: Bungalow, Cottage, Florida
  • Views: 110
  • Zoning Code: R-2
Nearby Subdivisions
Addison Place Sub   Bargrove Ph 1   Bargrove Ph I   Bargrove Phase 1   Belle Ayre Estates   Belleayre   Birr Park   Cottages On 11th   Country Club Mount Dora   Country Club Of Mount Dora   Country Club Of Mount Dora Ph    Country Clubmount Fora Ph Ii   Country Clubmt Dora Ph Ii9   Dora Estates   Dora Landings   Dora Manor   Dora Manor Sub   Dora Parc   Foothills Of Mount Dora   Foothills Preserve   Golden Heights   Golden Heights Add 02   Golden Heights Third Add   Golden Isle   Golden Isle Sub   Greater Country Estates   Gullera Homestead   Gullers Homestead   Hacienda Hill Sub   Harding Place   Hillside Estates At Stoneybroo   Holly Estates   Holly Estates Phase 1   Holly Estates Phase 2   Kimballs Sub   Lake Dora Oaks   Lake Dora Pines   Lake Dora Pines C   Lake Forest Sub   Lake Gertrude Estates   Lake Gertrude Manor   Lakes Mount Dora Ph 3d   Lakes Of Mount Dora   Lakes Of Mount Dora Ph 01   Lakes Of Mount Dora Ph 02   Lakes Of Mount Dora Ph 1   Lakes Of Mount Dora Ph 4b   Lakes Of Mount Dora Phase 4b   Lakesmount Dora Ph 2   Lancaster At Loch Leven Phase    Laurel Lea Sub   Laurels Mount Dora   Loch Leven   Lochside   Mount Dora   Mount Dora Alta Vista   Mount Dora Brun Lt 01   Mount Dora Callahans   Mount Dora Chautauqua Overlook   Mount Dora Chautauqua Park   Mount Dora Country Club Mount    Mount Dora Country Club Mt Dor   Mount Dora Dogwood Mountain   Mount Dora Donnelly Village   Mount Dora Dorset Mount Dora   Mount Dora Dorset Mount Dora P   Mount Dora Grandview Terrace   Mount Dora Granite State Court   Mount Dora Hacketts   Mount Dora Lake Franklin Park    Mount Dora Lakes Mount Dora Ph   Mount Dora Lakes Of Mount Dora   Mount Dora Lancaster At Loch L   Mount Dora Loch Leven Ph 04 Lt   Mount Dora Loch Leven Ph 05   Mount Dora Mount Dora Heights   Mount Dora Oakwood   Mount Dora Orton Sub   Mount Dora Park Villas   Mount Dora Pinecrest   Mount Dora Pinecrest Sub   Mount Dora Pt Rep Pine Crest   Mount Dora Sylvan Shores   Mount Dora Wildwood   Mount Dora Wolf Creek Ridge Ph   Mt Dora Country Club Mt Dora P   None   Not On The List   Oakfield At Mount Dora   Oakwood   Ola Beach Rep 02   Park Square In Mount Dora   Pinecrest   Seasons At Wekiva Ridge   Stafford Springs   Stoneybrook Hills   Stoneybrook Hills 18   Stoneybrook Hills A   Stoneybrook Hills Un 2   Stoneybrook Hillsb   Stoneybrook North   Sullivan Ranch   Sullivan Ranch Rep Sub   Sullivan Ranch Sub   Summerbrooke   Summerbrooke Ph 4   Summerviewwolf Crk Rdg Ph 2a   Summerviewwolf Crk Rdg Ph 2b   Sunrise Hill Div   Sunset Settle   Sylvan Shores   Timberwalake Ph 2   Timberwalk   Timberwalk Ph 3   Timberwalk Phase 3   Trailside   Trailside Phase 1   Village Grove   Vineyards Ph 02   W E Hudsons Sub   West Sylvan Shores  
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