521 Michigan St, Mount Dora, FL 32757 | For Sale

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For Sale $384,000 ($419.21 per Sq Ft)

$384,000 ($419.21 per Sq Ft)
  • (0)
  • 2 Bedrooms
  • 1 Bathrooms
  • 916 Sq Ft
  • 13,800 Sq Ft

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, you’ll 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, you’ll encounter a vintage camper on its own cement pad—an 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. Don’t 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 RV—perfect 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 Park—your launching point for exciting water adventures. Plus, you’ll 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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $384,000
Property Type Single Family Homes
Usable Sqft 916
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1946
Last Sold Unknown
Sold Price Unknown
APN # 321927070000003000
MLS # O6339259
Property ID 319909538
Lot Sqft 13,800
Zoning R-2
Days on Market 157
Original List Price $480,000
Applicances Gas Water Heater, Range, Range Hood, Refrigerator%
Date Updated January 12, 2026
Date Created August 27, 2025
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Listing Provided By

Leah Laboy an agent of . Lic #3557382


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 12, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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