IDX

Listed by Elizabeth Downes · Courtesy of HEIRLOOM REALTY INTERNATIONAL · Agent MLS ID# MFR260503039 · Deemed reliable but not guaranteed. · Listing updated: Oct 3, 2026 · 7:13 PM

125 N RHODES ST

Mount Dora, Lake, FL, 32757

Active

$499,000

$318/sqft

4Beds
4Baths
1,570Sq Ft
1978Built
86Days on Market

About this home

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.

Facts & Features

MFRO6422725
$499,000
Active
4
4
N/A
N/A
1,570 sqft
0.2300
1978
Residential Income
Duplex
N/A

Community Information

125 N RHODES ST
Jameson's Plat
Mount Dora
Lake
FL
32757
No

Amenities

N/A
N/A
No
No
No

Interior

Open Floorplan, Walk-In Closet(s), Living Room/Dining Room Combo, Window Treatments, Primary Bedroom Main Floor
Central, Electric
Central Air
Ceramic Tile, Hardwood
N/A
N/A
N/A

Exterior

Outbuildings
Block, Brick
Slab
Shingle
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

July 9, 2026
86
RESIDENTIA
N/A
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. HEIRLOOM REALTY INTERNATIONAL is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

86 days on market

Listing updated: Oct 3, 2026 · 7:13 PM

Listed by: Elizabeth Downes · 352-223-9326—HEIRLOOM REALTY INTERNATIONAL · 352-720-5962

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

Get in Touch

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