$180,000
SOLD JUN 23, 2025

245 S Rhodes St Mount Dora, FL 32757

2 Beds
1 Bath
979 Sq Ft
0.34 Acres

Recently Sold

$184 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • 1-Story Property
  • Living Room
  • East Facing Home

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Chris Creegan

CREEGAN GROUP Brokerage Phone: 407-622-1111 License #3168853 Listed on: 05/13/2025

CREEGAN GROUP

Co-Listed By

Felipe Apude

CREEGAN GROUP Brokerage Phone: 407-622-1111 License #3486225

Last Buyer's Agent

Elizabeth Downes

HEIRLOOM REALTY INTERNATIONAL License #3238375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x147
  • East Facing Home
  • Property is zoned R-2

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Linoleum Flooring
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mount Dora Oakwood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 979
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1922
  • Building Area Total: 979
  • Lot Size Sq Ft: 14700
  • Status: Sold
  • Street Direction: S
  • Co List Office Mls Id: MFR261012236
  • Co List Office Phone: 407-622-1111
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow State: FL
  • Escrow Street Name: N. Rocky Point Dr. E., Suite 200
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 183.86
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-622-1111
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 90.95

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 32-19-27-1800-00A-03000
  • Additional Parcels: No
  • Lot Dimensions: 100x147
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1091.63
  • Tax Block: 00A
  • Tax Book Number: 5-20
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 23, 2025
Sold by
Banda Eric B and Banda Carolina
Bought by
Property Repairs Support Llc
Seller's Agent
Chris Creegan
CREEGAN GROUP
Buyer's Agent
Elizabeth Downes
HEIRLOOM REALTY INTERNATIONAL
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.13%
Original Mortgage
$126,000
Outstanding Balance
$125,253
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$52,259

Purchase Details

Closed on
Mar 30, 2016
Sold by
Fannie Mae
Bought by
Banda Eric B and Banda Carolina

Purchase Details

Closed on
Sep 15, 2015
Sold by
Webb Doraida Alonso and Webb Gregory
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2005
Sold by
Santos Victor M and Noguera Armando
Bought by
Webb Gregory and Webb Doraida Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 16, 1997
Sold by
Jones Glen M and Jones Jorun K
Bought by
Santos Victor M and Noguera Armando
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Near North Title Group
Warranty Deed $180,000 Near North Title Group
Special Warranty Deed $31,500 Reo Title Company Of Fl Llc
Deed In Lieu Of Foreclosure $54,000 Stewart Title Company
Warranty Deed $75,000 American Title Insurance Llc
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 Credit Line Revolving
Closed $126,000 Credit Line Revolving
Previous Owner $60,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $369,000 -2.6% $273 / Sq Ft
10/22/2025 10/22/25 For Sale $379,000 +110.6% $281 / Sq Ft
06/23/2025 06/23/25 Sold $180,000 +2.9% $184 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $175,000 -- $179 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,026 $91,260 -- --
2024 $1,026 $91,260 -- --
2023 $1,026 $86,030 $0 $0
2022 $996 $83,530 $0 $0
2021 $956 $81,106 $0 $0
2020 $978 $79,987 $0 $0
2019 $963 $78,189 $0 $0
2018 $915 $76,732 $0 $0
2017 $722 $75,154 $0 $0
2016 $1,371 $65,544 $0 $0
2015 $1,201 $55,657 $0 $0
2014 $1,145 $54,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6308572

Stellar MLS

APN: 32-19-27-1800-00A-03000