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205 E 10TH AVENUE, Mount Dora, FL, 32757

2beds
4baths
2,107sqft
$650,000
$308price/sqft
$4,283/moest. monthly cost
$171,320/yrincome needed

About This Home

Perfectly positioned in the heart of charming Mount Dora, this beautifully renovated triplex is a rare investment opportunity offering style, flexibility, and strong income potential! Located just minutes from the vibrant downtown area known for its boutique shopping, waterfront dining, festivals, and small-town charm, this property is ideal for investors, seasonal residents, or owner-occupants seeking additional rental income. Recently updated and truly move-in ready, the property features two spacious 1-bedroom, 1-bath studio-style units along with a comfortable 2-bedroom unit with access to a shared laundry room. Each unit has been thoughtfully refreshed with modern finishes and is ready to lease immediately, making this an exceptional turnkey opportunity. The property is perfect for relaxing on warm Florida days, with designated carport parking spaces and additional storage areas for added convenience. The flexible layout and desirable amenities make this property attractive for both short- and long-term rentals. Whether you’re looking to grow your investment portfolio, create a vacation rental opportunity, or live in one unit while generating income from the others, this downtown Mount Dora gem offers endless possibilities. Enjoy easy access to local parks, lakes, restaurants, entertainment, and everything that makes Mount Dora one of Central Florida’s most beloved destinations!

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

2/10
4/10
Mt. Dora Middle SchoolGrades 6-80.8 mi
5/10
Mt. Dora High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1951

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer
  • Laundry features: Common Area,Corridor Access,Electric Dryer Hookup,Laundry Room,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4

Features

  • Built-in Features,Ceiling Fan(s)
  • Flooring: Luxury Vinyl,Tile
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Electric,Other
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,866
  • Total interior livable area: 2,107 sqft

Property

Details

  • Parcel number: 291927001001700003
  • Zoning: R-2
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Other,Screened,Side Porch
  • Exterior features: Irrigation System,Lighting,Permeable Paving,Private Mailbox,Private Yard,Sidewalk,Sprinkler Metered,Storage

Lot

  • Lot size: 9,520 sqft
  • Features: Corner Lot,City Lot,Near Marina,Near Public Transit,Sidewalk
  • Lot size dimensions: 68 x 140 x 77 x 140

Parking

  • Total spaces: 3
  • Parking features: Covered,Driveway
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Hurricane

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$368$4,416
Property Taxes $417$5,004
Electricity $212$2,544
Total$4,283$51,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,845/yr
40% on housing$128,490/yr
45% on housing$114,213/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$308This listing

vs Other Active Listings

Avg $/sqft

ZIP 32757$186
Lake County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 32757$210
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$650,000
2026-06-06Listed for sale$675,000
2023-01-10Listing removed--
2022-12-27Listed for rent$1,200
2022-01-19Listing removed--
2022-01-04Listed for rent$1,200
2020-02-27Sold$540,000
2020-02-10Pending sale$700,000
2020-01-15Listed for sale$700,000

For Sale by Agent

AgentLoretta C. Maimone
BrokerageERA GRIZZARD REAL ESTATE

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