347 E 3RD AVENUE, Mount Dora, FL 32757
347 E 3RD AVENUE, Mount Dora, FL 32757
347 E 3RD AVENUE, Mount Dora, FL 32757
347 E 3RD AVENUE, Mount Dora, FL 32757
347 E 3RD AVENUE, Mount Dora, FL 32757
347 E 3RD AVENUE, Mount Dora, FL 32757
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$ 1,250,000
Est. payment | /mo

3,918 SqFt


$ 1,250,000
Est. payment | /mo

3,918 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 3,918 sqft

Price per Sqft $319

Subdivision Mount Dora Tremains

MLS Listing ID G5042794

HOA Y/N No

Total Fin. Sqft 5130

Year Built 1926

Annual Tax Amount $10,795

Tax Year 2020

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 220x150

Property Sub-Type Business

Property Description

This is one very special HISTORICAL Bed & Breakfast located in downtown Mount Dora on Third Avenue, just east of the main street known as Donnelly. It is only a couple of blocks to all of the local fabulous local restaurants, quaint shoppes and the many festivals for which Mount Dora is known. Plus, Mount Dora is an easy commute to all areas of Central Florida, our theme parks, and both coasts and their beaches. This 1926 original L. R. Heim home was completely upgraded in 1978 and then again in 1994 when it first opened as the Magnolia Inn Bed & Breakfast. The campus is comprised of 3 buildings: the Main House, the Carriage House which is now a guest cottage, and a separate studio which is often used for weddings, parties and social gatherings. The Main House has expansive formal living and dining rooms on the first floor, as well as a Florida room, grand foyer, a very spacious kitchen with tons of counter space, a game room and the master complex, or the Innkeeper's Suite. The second floor has 4 bedrooms, each with a private en-suite bath. The third floor has a bedroom and private bath as well. The house is built on one of the few basements located within Mount Dora. The Carriage House has a great room combined with the kitchen and a separate bedroom and bath. The 6 guest rooms, all with private baths, have enjoyed great occupancy in recent years, is Award Winning and is known as one of Florida's finest Inns. French doors off of the Florida room open up to beautiful serene gardens and patios. The Inn has many extras including ceiling fans throughout, crown molding, hardwood floors and fireplaces located in the formal living area and the master complex. Plus, many upgrades have been added by the present owners including a new 3 ton AC unit for the back of the house in 2016, new tile roof and awnings in 2018, new electrical wiring throughout in 2020 and the painting of the buildings in 2021. New appliances were added in 2020 including a new 50 gallon hot water tank, new refrigerator, stove, washer and dryer, and microwave. Many built-in bookshelves and cabinets are also part of this fabulous home. There is nearly an acre of land filled with beautiful plants, trees and shrubs and all is surrounded by a concrete wall. This is one property that truly could provide immediate cash flow, as well as a place to live, or to simply operate as a profitable Award Winning Bed & Breakfast. Call today to schedule your private showing.

Location

State FL

County Lake

Area 32757 - Mount Dora

Zoning RP

Interior

Cooling Central Air, Zoned

Flooring Carpet, Hardwood, Epoxy, Forestry Stewardship Certified, Laminate, Other, Tile

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Parking Features Parking Spaces - 6 to 12

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public

Roof Type Tile

Building

Story 4

Entry Level Three Or More

Foundation Basement

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Stucco

New Construction No

Others

Pets Allowed Yes

Tax ID 32-19-27-2400-000-01000

Ownership Corporation

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Other

Virtual Tour 2 http://347east3rd.site/Video-MLS

Disclosures Lead Paint, Seller Property Disclosure

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://347east3rd.site/Video-MLS

Listed by WEICHERT REALTORS HALLMARK PRO

Nearby Locations

Hawkins-Poe Realtors
Hawkins-Poe Realtors

License ID: 9531

+1(253) 820-9000 | info@hawkinspoe.com

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347 E 3RD AVENUE