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Waterfront
Address
1512 N ORANGE STREET Mount Dora, FL
Price
$ 69,000
Property Attributes
  • MLS#O5779080
  • TypeSingle Family
  • CountyLAKE
  • CityMount Dora
  • AreaMount Dora
  • NeighborhoodMount Dora
  • Zip32757
  • StyleSingle Family Residence
  • Year Built1938
  • Taxes755
  • Price$ 69,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage742
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
CENTRAL TOWER PROPERTIES
Property Description

Alert all investors! Flip or cash flow this investment property. Flip this property for quick investment. Substantially undervalued. Homes in the area are selling well over $130+ sq/ft. Major systems already done, quick and easy renovation. Or Cash flow this property!!! Double digit, >11%, IRR cash flow makes this investment a home run (based on 5-year hold renting at $900 a month see pictures for details). Based on the purchase price one could refinance or leverage this property for an IRR well into the 20% IRR, while taking out cash in hand for another investment. Less than half a dozen houses in Mount Dora IN THE LAST YEAR have sold for this price point, don’t lose out. The City of Mount Dora is the mecca for Lake County that host a number of events yearly like the Blueberry Festival, Freedom on the Waterfront, Seafood Festival, Spring Fest, Arts Festival, etc.

Price History
4/23/2019 Listed $83,000
6/20/2019 17% - $69,000

General Features

Levels One
MLS Area 32757 - Mount Dora
Property SubType Single Family Residence
Property Type Residential
Subdivision Name MOUNT DORA
Township 19
Zoning R-2

Interior Features

Appliances None
Cooling Other
Flooring Other
Heating Other
Interior Features Ceiling Fans(s)
Utilities Public

Exterior Features

Construction Materials Wood Frame
Exterior Features Storage
Foundation Details Crawlspace
Lot Size Acres 0.11
Lot Size Square Feet 4770
Roof Metal
Sewer Public Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32757

Price
AVG $460K
$70K
Taxes
AVG $4,284
$755
Visits
AVG 80
95
Year Built
AVG 1994
1938

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