2 Beds
1 Bath
979 SqFt
2 Beds
1 Bath
979 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 979 sqft
Price per Sqft $178
Subdivision Mount Dora Oakwood
MLS Listing ID O6308572
Bedrooms 2
Full Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1922
Annual Tax Amount $1,091
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x147
Property Sub-Type Single Family Residence
Property Description
Attention Investors and Builders! An exceptional investment opportunity awaits at 245 S Rhodes St in the charming city of Mount Dora. This property presents a rare chance to capitalize on a sprawling double lot, offering a multitude of possibilities for savvy investors.
Unlock the Potential:
Divide and Conquer: Situated on a generously sized double lot, explore the exciting potential to split the parcel back into two separate lots (buyer to verify all zoning and subdivision requirements with the city/county). Imagine building two brand-new homes in this desirable location!
Renovate and Rent: The existing structure could be renovated and transformed into a profitable rental property, catering to the strong rental demand in the area.
Flip for Fortune: Put your renovation skills to work and flip the existing home for a potentially handsome profit.
Duplex Development: Capitalize on the growing trend in the neighborhood! Consider tearing down the current structure and constructing a duplex. Numerous duplexes are being built and sold separately nearby, showcasing a strong market for this type of development (buyer to verify all zoning and building requirements).
This property is a blank canvas brimming with investment opportunities. Whether you're looking to expand your rental portfolio, execute a profitable flip, or embark on a new construction project, 245 S Rhodes St offers the flexibility and location to achieve your investment goals.
Explore Vibrant Mount Dora – Just Moments Away!
This ideally located property offers easy access to the heart of historic downtown Mount Dora, renowned for its New England charm, antique shops, and vibrant arts scene. Discover a wealth of activities and attractions nearby:
Downtown Mount Dora: Just a short drive (specific distance to be confirmed by search, e.g., "less than 5 minutes," "approximately 1.5 miles") from your doorstep, enjoy strolling the quaint streets, Browse unique boutiques, and dining at an array of delightful restaurants and cafes.
Waterfront Activities: Enjoy the beautiful Harris Chain of Lakes. Consider a scenic boat tour on Lake Dora, go fishing, or simply relax by the water at Grantham Pointe (Lighthouse Park).
Festivals and Events: Mount Dora is famous for its year-round festivals, including the Mount Dora Arts Festival, the Craft Fair, and Light Up Mount Dora during the holiday season.
Parks and Recreation: Explore local parks like Gilbert Park with its playground and boardwalk, or Trimble Park offering nature trails and camping.
Historical Sites: Immerse yourself in the local history by visiting the Mount Dora History Museum or the Donnelly House.
Location
State FL
County Lake
Community Mount Dora Oakwood
Area 32757 - Mount Dora
Zoning R-2
Interior
Interior Features Ninguno
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Linoleum
Fireplace false
Appliance None
Laundry Inside
Exterior
Exterior Feature Other
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water None
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty