$1,575,000
$2,200,000
28.4%For more information regarding the value of a property, please contact us for a free consultation.
525 N TREMAIN ST Mount Dora, FL 32757
21,000 SqFt
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $75
Subdivision Regency Villas Condominium Inc
MLS Listing ID G5017645
Sold Date 03/03/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1961
Annual Tax Amount $896
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 80X190
Property Description
Don't miss this unique opportunity in the heart of downtown Mount Dora's Historic District! 12 unit Regency Villas Condominium! Literally steps from the walking/bike trail, shops, restaurants, parks and events, this perfect location and income producer is a great investment! Zoned Multi Family Residential The Regency has a fantastic occupancy rate with secure coded entry. Own the entire building with common areas and plenty of parking on large corner lot. Long and short term units currently exist and offer lots of possibilities based on how you want to run your business. All units have been updated through the years and are spacious 2 bedroom 2 bathroom with full kitchens and laundry rooms/closets. See attached for the 3 different floor plans- ranging from 1049. 1212 & 1310 square ft. The building has an elevator and fire sprinkler system. Each unit has its own HVAC system. Owner will consider financing. Measurements are approximate & rents vary.
Location
State FL
County Lake
Community Regency Villas Condominium Inc
Rooms
Other Rooms Great Room, Inside Utility
Interior
Interior Features Cathedral Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments
Heating Central
Cooling Central Air
Furnishings Partially
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Irrigation System, Sidewalk
Garage Assigned, Guest
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Waterfront false
View City
Roof Type Membrane
Parking Type Assigned, Guest
Garage false
Private Pool No
Building
Entry Level Three Or More
Foundation Basement
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DAVE LOWE REALTY, INC.