$2,200,000

525 N Tremain Street

MOUNT DORA FL, 32757

Description

Don't miss this unique opportunity in the heart of downtown Mount Dora's Historic District! 12 unit Regency Villas Condominium! Literally steps from the walking/bike trail, shops, restaurants, parks and events, this perfect location and income producer is a great investment! Zoned Multi Family Residential The Regency has a fantastic occupancy rate with secure coded entry. Own the entire building with common areas and plenty of parking on large corner lot. Long and short term units currently exist and offer lots of possibilities based on how you want to run your business. All units have been updated through the years and are spacious 2 bedroom 2 bathroom with full kitchens and laundry rooms/closets. See attached for the 3 different floor plans- ranging from 1049. 1212 & 1310 square ft. The building has an elevator and fire sprinkler system. Each unit has its own HVAC system. Owner will consider financing. Measurements are approximate & rents vary.

Details

MLS#G5017645
Sub-TypeResale
StatusActive
Year1961
Days On Site134

Features

SQ Feet21,000
Units12
Building(s)1
Property ViewYes

Loading Form

Loading Form

Area Information

StateFL
CountyLake
CityMOUNT DORA
Zip Code32757
Area32757 - Mount Dora
Listing VS Median (in 32757)
Price:
$2,200,000
low | high
Med:
$263,460
100% of Average
SqFt:
21,000
low | high
Med:
1,672
100% of Average
$ / SqFt:
$105
low | high
Med:
$158
2% of Average
On Site:
134
low | high
Med:
3
100% of Average
Listing Updated: 11/13/2019
MLS Number: G5017645
Listing Provided By:
Michele Lowe  of  DAVE LOWE REALTY INC.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.