521 Michigan Street, MOUNT DORA, FL

$420,000

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2

Beds

1

Bath

916

Square feet

0.32

Acres

About 521 Michigan Street

LOT SIZE 100X130! This unique property also has two short term rentals! Great investment opportunity and in Highly sought after Downtown Mount Dora! Discover a truly unique opportunity with this charming property! Nestled on a sprawling 100 x 130-foot lot, this R2-zoned gem is located less than a mile to the picturesque historic downtown Mount Dora, right in the vibrant golf cart district. Currently, it boasts two delightful vacation rentals that capture the essence of relaxation and creativity. The first rental is an enchanting, artsy cottage, constructed with sturdy block and exuding a warm, inviting atmosphere. Inside, you’ll find two bedrooms and a lovely bonus room that currently serves as a dining area, perfect for sharing meals and memories. Recently updated, this cottage features stylish new flooring that complements its welcoming vibe, along with an open kitchen that beckons joyful gatherings. Step outside, and through a complete privacy fence, you’ll encounter a vintage camper on its own cement pad—an adventurous second vacation rental! This whimsical dwelling comes complete with its own fire pit, ideal for cozy evenings under the stars, as well as a delightful dining patio where you can grill your own BBQ meals. Don’t miss the unique "private outdoor shower," offering a refreshing escape after a day of outdoor fun. To add to the convenience, this camper is connected to its own public sewer line, and there's an additional hookup available for another RV—perfect for welcoming friends and family! A newly constructed storage building, measuring 12x24 feet, stands proudly on the property, fully permitted and ready to serve your storage needs. (approx cost 20k 2025) With no HOA constraints, you have the freedom to park your boat, and just a stone's throw away is the beautiful Gilbert Park—your launching point for exciting water adventures. Plus, you’ll love the convenience of being a couple of blocks from all the charming downtown shops and delightful restaurants that make Mount Dora special. For future investment, the R2 zoning should allow a duplex or a fourplex after lots are separated! Or your dream home right in the perfect location!! (was formerly two lots 30 & 31, buyer or buyers agent to verify with the city)

Features of 521 Michigan Street

MLS® # O6339259
Price $420,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 916
Acres 0.32
Year Built 1946
Type Residential
Sub-Type Single Family Residence
Style Bungalow, Cottage, Florida
Status Active
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Listing Details

OfficeEDEN CREST REALTY, LLC

Listing Map

Neighborhood Information for 521 Michigan Street

Moderate Residential Turnover

Weather

Highs


January 68.40℉
July 91.10℉

Lows


January 70.70℉
July 70.70℉
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Precipitation


48.63

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Montessori At Roseborough

Private - Preschool to 10Th Grade
1 Miles
Great School

Mount Dora High School

Public - 9Th Grade to 12Th Grade - Closest High School
1 Miles
Great School

Solid Rock Christian School

Private - Preschool to 12Th Grade - Closest Elementry School
1 Miles
Great School

Mt. Dora Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
1 Miles
Great School

Mount Dora Christian Academy

Private - Preschool to 12Th Grade
1 Miles
Great School

Tangerine Schoolhouse

Private - to
2 Miles
Great School

Gateway Christian School

Private - Preschool to 8Th Grade
2 Miles

School data provided by GreatSchools

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