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Lynda Wagner
REALTOR®
(941) 518-5755
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$359,900

521 Michigan Street Mount Dora, FL 32757 Residential - Single Family Active

  • 521 Michigan Street, Mount Dora, FL 32757 Main Photo

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Description

This one-of-a-kind property offers an incredible investment opportunity in highly sought-after Downtown Mount Dora! Situated on a spacious 100 x 130 ft R2-zoned lot, and located less than a mile from the picturesque historic district within the vibrant golf cart zone, this property is full of charm, flexibility, and income potential. Inside, you'll find two bedrooms plus a versatile bonus room currently used as a dining space-perfect for entertaining. The home has been thoughtfully refreshed with stylish new flooring and an open-concept kitchen that creates a warm, inviting atmosphere. Beyond the privacy fence, there is a cement pad with an rv/camper hook-up offering a truly unique second rental or a family compound experience. This whimsical retreat includes a private fire pit for cozy evenings, a charming outdoor dining patio with BBQ space, and even a refreshing private outdoor shower. The concert pad has is public sewer, and an additional hookup is available for another RV, providing even more flexibility. The property also includes a newly constructed, fully permitted 12x24 storage building adding both functionality and convenience. With no HOA, you'll enjoy the freedom to park your boat, and you're just moments from Gilbert Park with a public boat ramp for days cruising through chain of lakes . Plus, you're only a couple of blocks from the unique shops, dining, and charm that make Mount Dora one of the top towns to visit in the state of Florida. For future development, the R2 zoning offers exciting potential, allowing additional housing options once the lots are separated. Buyer is to do their due diligence.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.32 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,861
Year Built: 1946

General Information

Bedrooms: 2
Bathrooms: 1 Full
Sqft: 916
County: Lake
High School: Mount Dora High
Subdivision: MOUNT DORA GRANDVIEW TERRACE
Listed By:
Beth Stoothoff WATSON REALTY CORP 352-536-6530

Amenities

Ceiling Fans(s)
Outdoor Grill
Outdoor Shower
Storage

Property Features

Additional Rooms: Bonus Room
Appliances: Gas Water Heater, Range, Range Hood, Refrigerator
Days on Site: 4
Directions: Head east on US-441 and continue for a short distance. Turn left onto Michigan St and continue to 521 Michigan St on your right.
Exterior: Block
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.32
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: R-2
$359,900
2beds
1.0baths
916sqft
New to the Market Active
BEDS2 BATHS1 full SQUARE FEET916 MLS#O6389508
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMOUNT DORA GRANDVIEW TERRACE

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521 Michigan Street, Mount Dora, FL 32757.

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Estimated Payment

$ 1,640.60 per month $1,213.88 Principal & Interest $321.75 Property Tax $104.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 4:45:01 AM EST) or Stellar MLS (last updated Wed 04/01/2026 1:58:51 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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