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521 Michigan Street, MOUNT DORA, FL 32757
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521 Michigan Street
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Priced at Only: $389,000
For more Information Call: (352) 279-4408
Address: 521 Michigan Street, MOUNT DORA, FL 32757
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  • MLS#: O6339259 ( Residential )
  • Street Address: 521 Michigan Street
  • Viewed: 76
  • Price: $389,000
  • Price sqft: $366
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 1063
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 110
  • Additional Information
  • Geolocation: 28.7923 / -81.6395
  • County: LAKE
  • City: MOUNT DORA
  • Zipcode: 32757
  • Subdivision: Mount Dora Grandview Terrace
  • mfrmls
  • DMCA Notice
  • Description
    ***SELLER will credit up to $10,000.00 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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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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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: 76
  • Zoning Code: R-2
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  3. 352.684.7371
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