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1120 E 1st AVENUE, Mount Dora, FL, 32757 | $425,000
Under contract-accepting backup offers. New price! HOUSE WITH GUEST COTTAGE IN MOUNT DORA! Don’t miss this opportunity to own this well maintained home with guest cottage in Mount Dora. Zoned RP, this property offers LOTS of possibilities depending on your lifestyle. Operate your business from one unit and live in the other, use as income producing by renting one or both units long or short-term AIR BNB or use for in laws or extended family. This great location is close to all amenities and downtown Mount Dora’s shops and restaurants. Also, quick access to the 429 expressway for an easy commute to downtown Orlando, Winter Park, Airport, theme parks and more.
Over ¼ lot and each unit has their own electric meter and private fenced backyard! 1122 is a 1 bedroom 1 bath and offers approx. . 520 square feet, carport and metal roof. The front screened porch welcomes you into the cozy cottage with a nice living space, kitchen with gas range, refrigerator and spacious eat in area. The bedroom has a walk in closet and bathroom has walk in shower. There is a washer/dryer hookup and small back patio overlooking the private backyard. 1120 is a 2 bedroom 1 bath and offers approx. 893 square feet with a carport. The covered front porch welcomes you into this adorable unit with spacious living areas, kitchen with breakfast bar, gas range, refrigerator, eat in area and laundry room! Bedrooms have spacious closets and bathroom has tub with shower. The door from laundry room takes you to the private, fenced backyard!
The Sellers are providing the Buyers with a recent 4 point inspection on both units.
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 97 x 126
- Laundry: Laundry Room
- Year Built: 1951
- Garage: Driveway
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,413
- Acreage: 0.28
- Lot Size: 97 x 126
- Est. Taxes: $3,023
- Lot Desc: City Lot
- Appliances: Range Hood, Refrigerator
- MLS#: G5081442
- Days on Market: 179 days
- Website: https://www.raveis.com
/prop/G5081442/1120e1stavenue_mountdora_fl?source=qrflyer
Listing courtesy of DAVE LOWE REALTY, INC. Phone: 352-383-7104
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1120 E 1st AVENUE, Mount Dora, FL, 32757
$425,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $252 | $252 | $252 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,867 |
| Total Monthly Payment | $2,646 | $2,587 | $3,194 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388