245 S RHODES STREET, Mount Dora, FL, 32757

Investor's Dream on Double Lot in Mount Dora! ???? Attention Investors and Builders! An exceptional investment opportunity awaits at 245 S Rhodes St in the charming city of Mount Dora. This property presents a rare chance to capitalize on a sprawling double lot, offering a multitude of possibilities for savvy investors. Unlock the Potential: Divide and Conquer: Situated on a generously sized double lot, explore the exciting potential to split the parcel back into two separate lots (buyer to verify all zoning and subdivision requirements with the city/county). Imagine building two brand-new homes in this desirable location! Renovate and Rent: The existing structure could be renovated and transformed into a profitable rental property, catering to the strong rental demand in the area. Flip for Fortune: Put your renovation skills to work and flip the existing home for a potentially handsome profit. Duplex Development: Capitalize on the growing trend in the neighborhood! Consider tearing down the current structure and constructing a duplex. Numerous duplexes are being built and sold separately nearby, showcasing a strong market for this type of development (buyer to verify all zoning and building requirements). This property is a blank canvas brimming with investment opportunities. Whether you're looking to expand your rental portfolio, execute a profitable flip, or embark on a new construction project, 245 S Rhodes St offers the flexibility and location to achieve your investment goals. Explore Vibrant Mount Dora – Just Moments Away! This ideally located property offers easy access to the heart of historic downtown Mount Dora, renowned for its New England charm, antique shops, and vibrant arts scene. Discover a wealth of activities and attractions nearby: Downtown Mount Dora: Just a short drive (specific distance to be confirmed by search, e.g., "less than 5 minutes," "approximately 1.5 miles") from your doorstep, enjoy strolling the quaint streets, Browse unique boutiques, and dining at an array of delightful restaurants and cafes. Waterfront Activities: Enjoy the beautiful Harris Chain of Lakes. Consider a scenic boat tour on Lake Dora, go fishing, or simply relax by the water at Grantham Pointe (Lighthouse Park). Festivals and Events: Mount Dora is famous for its year-round festivals, including the Mount Dora Arts Festival, the Craft Fair, and Light Up Mount Dora during the holiday season. Parks and Recreation: Explore local parks like Gilbert Park with its playground and boardwalk, or Trimble Park offering nature trails and camping. Historical Sites: Immerse yourself in the local history by visiting the Mount Dora History Museum or the Donnelly House.

Listing courtesy of CREEGAN GROUP Phone: 407-622-1111