1 year on rocket

1029 E 5th Ave, Mount Dora, FL, 32757

$1,995,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,750 SqFt
$296/SqFt
Multi
Schools Nearby

Location

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1029 E 5th Ave, Mount Dora$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingCircular Driveway, Driveway, Guest, Open
Year Built1877
HeatingCentral, Electric
CoolingCentral Air, Zoned
MLS #G5063660
Lot Size1.02 Acres
StatusActive

About 1029 E 5th Ave

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

Property Details

Property Features

Property Information:

  • Year Built: 1877
  • Living Area: 6,750 SqFt

Listing Office:

  • Office Name: KELLIE & CO REAL ESTATE
  • Office Phone: (407) 617-4186
  • Listing Agent: Kellie Wheeler

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Vinyl, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Thermostat, Window Treatments

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Courtyard, Irrigation System, Sidewalk, Storage

Parking Information:

  • Parking: Circular Driveway, Driveway, Guest, Open

Lot Features

Lot Information:

  • Lot: Historic, City Lot, Landscaped, Level, Oversized Lot, Paved
  • Lot Size: 1.02 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Mt. Dora High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Mt. Dora Middle School, Public District Grades 6-8
  • Round Lake Elementary School, Public Charter Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $296/SqFt

Tax Information:

  • Annual Amount: $10,856
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mount Dora, FL.

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Mount Dora, FL

City

Med. Sold Price

$398.5K

Med. Price/SqFt

$212

Avg. Days On Market

52

# of Sold Homes

55

1029 E 5th Ave vs Mount Dora

457 DAYS ON ROCKET

+405 Days

$1,995,000

+$1.5M More

$296/SqFt

+$83 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $83/SqFt more than other homes in Mount Dora, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5063660

Listing Office:

  • Office Name: KELLIE & CO REAL ESTATE
  • Office Phone: (407) 617-4186
  • Listing Agent: Kellie Wheeler

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/26/2024, 1:19:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2012Home Sold
$445,000
Jan 09, 2008Home Sold
$637,500
Jul 06, 2005Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,856$483,727
2019$11,117$483,489
2018$11,029$483,489
2017$10,003$481,212

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-712382
8
/10

  • Round Lake Elementary School

  • 31333 Round Lake Rd

  • 2.49 miles

  • Public Charter Grades PK-5

Middle School

school-card-donut-712383
3
/10

  • Mt. Dora Middle School

  • 1405 Lincoln Ave

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-712384
4
/10

  • Mt. Dora High School

  • 700 N Highland St

  • 0.12 miles

  • Public District Grades 9-12

school-card-donut-712385
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 5.76 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,598. The majority of Mount Dora, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lake County›Mount Dora›32757›1029 E 5th Ave

This home is located at 1029 E 5th Ave in Mount Dora, FL and zip code 32757. This 6,750 square foot home, which was built in 1877, sits on a 1.02 acre lot. It has been listed on Rocket Homes since January 24, 2023 and is currently priced at $1,995,000.

In March 2024, from all listings sold in Mount Dora, FL there were more than 4 sold above asking price, over 34 sold below and more than 17 were sold right at the asked price. The inventory of homes for sale in Mount Dora, FL between February 2024 and March 2024 decreased by 1.6%. While the average time on the market in March 2024 was 52 days, the median list price was $398,553.

From Rocket Homes Real Estate and based on county public records data.

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