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Sold on 03/19/2025
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1124 E 1st Ave, Mount Dora, FL 32757

  • $493,000

    Last sold 03/19/2025 for $515K

  • 2

    bed

  • 3

    bath

  • 2,013

    Sqft ($256/Sqft)

Multi-family not for sale
Movoto is helping 22 homebuyers near you

About 1124 E 1st Ave

Property type Multi-family
Neighborhood
Year built 1951
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Rental estimate
Property description
UNIQUE OPPORTUNITY TO OWN A TRIPLEX IN THE DESIRABLE AREA OF MOUNT DORA. A HISTORIC AND HIGHLY RATED AIRBNB town with charm and friendly neighbors! The three independent units have been impeccably maintained and move in ready! Unit 1124 and 1126 A have 1 room and 1 bath. Unit 1126 B is a studio. Every unit has an entrance and exit door, full kitchen and full bath. Land has been zoned as a multiple- Family up to 10 Units! Increase your passive income today in all market conditions. Each unit has its own electricity meter box. The large Shed that can be converted into a mother in law, and/or office space, and/or another Unit with small investment will further increase your cap rate, and/or the indoor entertaining movie theater for your AIRBNB. The Historic and Charming Mount Dora, known for its rolling hills, canopy oak trees, antique shops, boutiques, diverse dining options, entertainment, and annual festivals. Only 35 minutes to downtown Orlando and all theme parks. 45 minutes to Orlando International Airport. Only an hour to the Beautiful East Coast Beaches! Also, several public boat ramps nearby, boat storage areas and marinas. This area is known for its Beautiful lakes. The Harris Chain of Lakes comprises 8 primary lakes, known for sailing, boating, water-skiing, but it’s best known for it’s world class bass fishing. Near to a 35 acre recreation park with a dog park, disc golf, hiking, and mountain bike trails. Call today for a private tour! Bring in all offers. This is the best MULTI-FAMILY property you will find on the market! Beds Total: 2 Baths Total: 3 Units # Beds # Baths Expected Rent Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway space Type: 1 Bed/1 Bath 1 1 $1,400 750 Desc: Carport or driveway Space Type: Studio 0 1 $1000 500 Desc: Carport or driveway space Open Parking space
Listed by
Listing Agent - Olga Ray
Listing Agent Contact: 407-401-8822
Listing Office - A2Z REALTY GROUP
Source: Stellar MLS mls logo
MLS#O6288491 • last updated 1 year ago
Movoto checked Stellar MLS for data 12 minutes ago
Overview
Heating Electric
Levels/Style One
Type Residential Income
Virtual Tour N/A
SubType Triplex
Status Pending
MLS # O6288491
SqFt 2013
Lot Size (Acres) 0.28
Lot Size (SqFt) 12125
Property Tax 2277.97
Year Built 1951
Interior
Total # Bathrooms 3
# Bedrooms 2
Laundry Common Area
Flooring Vinyl
Interior Features Ceiling Fans(s), Eat-in Kitchen, L Dining, Thermostat, Walk-In Closet(s)
Exterior
Exterior Courtyard, Fence, Garden, Private Mailbox, Rain Gutters
Roof Metal, Shingle
Foundation Slab
Other Structures Barn(s)
Parking Desc Driveway
# Carport Spaces 9
Amenities / Utilities
Utilities Desc BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Sewer Public Sewer
Security Features Smoke Detector(s)
Location
County Lake
Subdivision MOUNT DORA OAKWOOD
Elementary School Round Lake Elem
Middle School Mount Dora Middle
High School Mount Dora High
APN 32-19-27-1800-00A-00400
Zoning R-2
Multifamily Details
Total # of Units 3
Lot/ Land Details
Road Surface Type Concrete, Paved
Road Responsibility Public Maintained Road
$493K
Range: $438K-$547K
Last 30 days 
Rental est.: $1,518/month
Gross rent multiplier: 29.6
  • Mar 2025
    mls logo MLS # O6288491
  • Mar 20, 2025 Pending
  • Mar 5, 2025 Listed
    $539,000 (+28.3%)
  • Oct 2022
    mls logo MLS # G5059991
  • Oct 2, 2022 Sold
    $420,000 (-6.6%)
  • Sep 10, 2022 Pending
  • Aug 26, 2022 Listed
    $449,900 (-4.1%)
  • Jan 2022
    mls logo MLS # G5046243
  • Jan 26, 2022 Pending
  • Jan 4, 2022 Price Change
    $469,000 (-5.9%)
  • Nov 2, 2021 Price Change
    $498,500 (-2.2%)
  • Sep 3, 2021 Listed
    $509,500
  • Sep 2, 2021 Listed
  • 1124 E 1st Ave
    $515K
  • Mount Dora
    $465K -5% y/y
  • 32757
    $474K -3% y/y
  • Mount Dora
    $474K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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