629 HELEN STREET, Mount Dora, FL, 32757 | $1,500,000

Attention Developers, Investors and Home Builders! Located in the heart of Mount Dora's Historic District, and 2 blocks from downtown, this one of a kind, large . 43-acre lot offers amazing panoramic water views of the Dora Chain of Lakes. Perched high and dry, the property is on a summit 184 feet above sea level. There is currently a 3-story single-family home on the lot, with a finished basement. The property is zoned R-3, and there is a great opportunity to tear-down the existing building and replace it with a 3 story multi-family dwelling, large single-family home or 2 smaller homes. The current home was built in 1910 and renovated about 45 years ago (new electrical, plumbing and stucco). The lower-level basement has been converted into a bedroom, bathroom and kitchenette. The main floor (ground level) has the kitchen, living room, dining room, bedroom/family room and 1/2 bathroom. The 2nd floor is accessible via a spiral staircase and has a bedroom, full bathroom and reading nook. The home faces southwest for beautiful sunset views from almost every room and has an expansive wrap around balcony and deck. Additionally, there is a large 67x80 foot side yard with lush, mature vegetation (large oak trees, palms). You are conveniently located just steps from all the wonderful festivals, art galleries, shops and cafes in Mount Dora.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 144 x 110
  • Laundry: Gas Dryer Hookup, Washer Hookup
  • Style: Contemporary, Courtyard, Custom, Florida, Patio
  • Year Built: 1910
  • Heating: Central, Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,564
  • Acreage: 0.43
  • Lot Size: 144 x 110
  • Est. Taxes: $3,253
  • Lot Desc: Corner Lot, Historic District, Landscaped, Level, Oversized Lot, Sloped
  • View: Water
  • Elem. School: Triangle Elem
  • Middle School: Mount Dora Middle
  • High School: Mount Dora High
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • MLS#: O6309155
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/O6309155/629helenstreet_mountdora_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/17/2025 5:17:11 PM)
Listing courtesy of Compass Florida LLC   Phone: 407-203-9441

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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629 HELEN STREET, Mount Dora, FL, 32757

$1,500,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.911% 6.739% 6.686%
Monthly Tax Payment $271 $271 $271
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,389 $7,684 $10,453
Total Monthly Payment $7,785 $8,080 $10,849

* 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.