$795,000

1029 E 5th Avenue

MOUNT DORA FL, 32757

Description

Incredible Rental Income Opportunity awaits! The Farnsworth House residence is a 5 Bedroom, 5 Bath historic home located in the charming and festive town of Mount Dora, Florida (3 upstairs bedrooms are full living suites with kitchens). There is also a Carriage House with 3 Efficiency Apartments and a Full 1 Bedroom/1 Bath apartment above it. This property offers a TOTAL of 9 BEDROOMS and 9 BATHROOMS within the 2 buildings creating numerous options for rental incomedaily, weekly, monthly, short-term or longer-term rentals. You may also choose to live downstairs in the main home, leasing out the 3 upstairs bedroom/living suites and the 4 Carriage House apartments. The present owners have taken great pride in this historic property having restored it to its present gorgeous condition. The Farnsworth House currently operates as a successful Bed & Breakfast Inn and is located on a serene 1 Acre site mile from the center of downtown Mount Dora. Mount Dora is an award-winning Central Florida town located on the shores of Lake Dora with a thriving downtown commercial, retail and entertainment district. The sale includes furnishings & equipment, business name, and marketing & advertising tools.

Details

MLS#G5020767
Sub-TypeResale
StatusActive
Year1887
Days On Site74

Features

SQ Feet4,973
Units9
Building(s)2

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Area Information

StateFL
CountyLake
CityMOUNT DORA
Zip Code32757
Area32757 - Mount Dora
Listing VS Median (in 32757)
Price:
$795,000
low | high
Med:
$262,800
100% of Average
SqFt:
4,973
low | high
Med:
1,601
100% of Average
$ / SqFt:
$160
low | high
Med:
$164
47.320118322275% of Average
On Site:
74
low | high
Med:
185
40% of Average
Listing Updated: 12/04/2019
MLS Number: G5020767
Listing Provided By:
Denise Pierce  of  WATSON REALTY CORP

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