This fully rented multifamily property sits in one of Mount Dora’s most charming and convenient neighborhoods, just a short walk or bike ride from downtown shops, dining, and events. Surrounded by mature trees and attractive homes, the property features a huge fenced backyard and backs up to the local elementary school—making it especially appealing for families. The quiet, residential setting combined with easy access to everything Mount Dora has to offer makes this a strong long-term investment. With leases in place through summer, it’s a turn-key opportunity in a location that rarely becomes available.
1201 E 5TH AVENUE, Mount Dora, FL, 32757
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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