125 N RHODES STREET
Mount Dora, FL, 32757 $ 550,000
Bedrooms8 Baths8.0 Sq 1,570 Monthly Estimate*
$ 3,473
for $550,000 with 8 bedrooms and 8 full baths. This 1,570 square foot home was built in 1978 on a lot size of 0.23.
A Rare Walk-to-Downtown Mount Dora Investment Opportunity Perfectly positioned in the heart of picturesque Mount Dora, this beautifully maintained income-producing property featuring two private residences offers an exceptional opportunity to own a turnkey investment in one of Florida's most beloved small towns. Just a short stroll from both Historic Downtown Mount Dora and the vibrant Uptown District, you'll enjoy the very best of this award-winning community. Consistently recognized by national publications as one of Florida's most charming destinations—including being named Florida's "Most Picturesque Small Town" by USA Today and celebrated by Southern Living, Travel + Leisure, and Country Living for its historic charm, boutique shopping, lakefront beauty, festivals, and exceptional quality of life—Mount Dora continues to attract residents and visitors alike. Leave the car behind and explore award-winning restaurants, cozy cafés, breweries, art galleries, live music, waterfront parks, year-round festivals, the Mount Dora Center for the Arts, tennis courts, the community pool, and the city's vibrant downtown—all just minutes from your front door. Situated on a generously sized corner lot with a beautiful park-like setting, the property offers mature landscaping, expansive green space, and a peaceful setting rarely found this close to downtown. Each of the two residences features a spacious 2-bedroom, 1.5-bath floor plan thoughtfully designed for comfortable living. Both residences enjoy their own fully fenced private backyard, providing an uncommon level of privacy and outdoor living space that tenants truly appreciate. One residence also includes the convenience of an attached garage, while the other benefits from a large storage shed, offering abundant space for tools, lawn equipment, bicycles, hobbies, or additional owner storage. Lovingly maintained over the years, the property reflects true pride of ownership and has attracted exceptional long-term tenants who have cared for the homes as their own. Whether you're looking to expand your real estate portfolio, seeking a turnkey investment with immediate income, or envision living in one residence while generating rental income from the other in the future, this versatile property offers outstanding flexibility and lasting value. With both residences occupied by exceptional long-term tenants, the new owner can begin enjoying reliable rental income from the day of closing—a rare advantage in today's market. Properties of this caliber, in this location, rarely become available. Combining immediate income, an unbeatable walk-to-town location, and the enduring appeal of Mount Dora, this is a truly exceptional investment opportunity. Investment opportunities offering two private residences, established long-term tenants, private fenced backyards, a beautiful corner lot, and an unbeatable walk-to-downtown Mount Dora location are exceptionally rare. Don't miss the chance to own a truly special property in one of Central Florida's most treasured communities. Approximately 25 minutes from Orlando and less than an hour from Florida's beautiful Atlantic beaches, this is more than an investment—it is an opportunity to own a piece of the Mount Dora lifestyle.
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FeaturesGeneralSewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Fiber Optics Street Lights
Roof Shingle
Zoning RESIDENTIA
Garage Spaces 1
Construction Materials Block Brick
Pets Allowed Cats OK Dogs OK
Year Built 1978
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 36840
County Lake
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name JAMESON'S PLAT
Garage Y/N true
Status Active
Directions From N. Donnlely St.turn right on to 5th Ave to Highland St. Rt to E 1st Av to Rhodes Left to proprty
City MOUNT DORA
Senior Community Y/N false
MLS Area 32757 - Mount Dora
Lot Size Units Square Feet
Lot Size Square Feet 10200
Carport Y/N false
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 6259
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 999999
Legal Description 32-19-27-1100-00A-00H00
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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InteriorInterior Amenities Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Walk-In Closet(s) Window Treatments
Flooring Ceramic Tile Engineered Hardwood
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 8
Total Baths 8
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ExteriorExterior Amenities Outbuilding
Water Source Public
Lot Size Area 10200
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.23
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
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* Excluded FeaturesList ByElizabeth@heirloomre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- $522
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Mount Dora, FL
Average List Price $720,000
Percent of Sale Price 31%
About Mount Dora, FL 14,645 Population
42% Since 2002
$ 51,842 Median Income
48.1 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $550,000 | | Listed Price |