$299,000
521 Michigan Street
Mount Dora, FL 32757
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
NOW OFFERED AT AN INCREDIBLE NEW PRICE OF $299,000! This is your opportunity to own a charming Downtown Mount Dora property situated on a rare DOUBLE LOT with R-2 zoning, offering exceptional flexibility, future potential, and value. Located less than one mile from the historic downtown district and within the golf cart zone, this unique property sits on a spacious 100x130 lot—equivalent to two lots under one ownership. The home features 2 bedrooms plus a versatile bonus room, updated flooring, and an inviting open-concept kitchen that creates a warm and welcoming atmosphere. Whether you're looking for a primary residence, investment opportunity, or property with room to grow, this home offers possibilities that are increasingly difficult to find at this price point. Step outside to enjoy a private fenced backyard complete with a cement RV/camper pad with full hook-up, creating opportunities for guests, multi-generational living, or additional income potential. Additional outdoor amenities include a fire pit, patio and BBQ area, private outdoor shower, public sewer connection at the RV pad, a secondary RV hook-up, and a newly built fully permitted 12x24 storage building. With no HOA, there is plenty of room for your boat, RV, and recreational toys. Conveniently located near Gilbert Park, the public boat ramp, waterfront attractions, restaurants, shopping, festivals, and everything that makes Mount Dora one of Central Florida's most beloved destinations. At just $299,000, properties offering this combination of location, lot size, zoning flexibility, and income-producing potential are becoming increasingly rare. Don't miss this exceptional opportunity to secure a piece of Downtown Mount Dora with room to enjoy today and possibilities for tomorrow. Buyer to verify all zoning and future development opportunities.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history63 days on market
- Status: ActiveMar 27, 2026
- Listed$359,900Mar 27, 2026
- Price reduced$299,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 63
- Cumulative DOM
- 238
- Subdivision
- Mount Dora Grandview Terrace
- County
- Lake
- Year built
- 1946
- Living area
- 916 sq ft
- Price/sq ft
- $326
- Building area
- 1,063 sq ft (Public Records)
- Lot size
- 13,749 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12069C0367E)
- Annual taxes
- $3,861 (2025)
- Parcel #
- 32-19-27-0700-000-03000
- Zoning
- R-2
- MLS #
- O6389508
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Luxury Vinyl
- Appliances
- Gas Water Heater, Range, Range Hood, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify with the City of Mount Dora
Exterior & Construction
- Exterior features
- Outdoor Grill, Outdoor Shower, Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Public, Sewer Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-03-27
- On market date
- 2026-03-27
- Original list price
- $359,900
- Occupant type
- Owner
- MLS area
- 32757 - Mount Dora
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-03-27
- Tax legal description
- MOUNT DORA GRANDVIEW TERRACE LOTS 30 31 PB 8 PG 47 ORB 6265 PG 1173
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 29, 2026 at 4:08 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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