NOT LISTED FOR SALE

525 N Tremain St Mount Dora, FL 32757

-- Bed
-- Bath
21,000 Sq Ft
0.35 Acres

Last Sold March 03, 2020

Last sale price $1,575,000 $75 Per Sq Ft

165 Days on Market

Highlights

  • City View
  • Great Room
  • Eat-In Kitchen
  • Cathedral Ceiling
  • No HOA
  • 3-minute walk to Donnelly Park

About This Home

As of March 2020

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.

Last Agent to Sell the Property

Michele Lowe

DAVE LOWE REALTY, INC. License #703743 Listed on: 07/04/2019

Co-Listed By

Tony Jackowitch

DAVE LOWE REALTY, INC. License #3080379

Last Buyer's Agent

Michele Lowe

DAVE LOWE REALTY, INC. License #703743 Listed on: 07/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80x190
  • Irrigation

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 21,000 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • City Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 21,000 Sq Ft Building
  • Regency Villas Condominium Inc Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: No
  • Living Area: 21000
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 21000
  • Lot Size Sq Ft: 15197
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From HWY 441 & Donnelly Street, South on Donnelly, Left on W. 6th Ave, property on the corner of 6th Ave and Tremain Street
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5017645?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5017645?w=Customer
  • Unit Count: 6
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.71591
  • Price per Sq Ft: 75
  • Close to Original List Price Ratio: 0.71591
  • Ratio: Current Price\Building Area Total: 75
  • View: Yes
  • Co List Office Mls Id: 20230
  • Co List Office Phone: 352-383-7104
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Basement
  • Levels: Three Or More
  • Street Number Modifier: 525
  • Additional Rooms: Great Room, Inside Utility
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Membrane
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0367E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 30-19-27-1930-000-00001
  • Additional Parcels: No
  • Lot Dimensions: 80X190
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 896
  • Tax Block: 000
  • Tax Book Number: 843/1831

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $1,575,000 -28.4% $75 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $2,200,000 -- $105 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michele Lowe

    Seller's Agent in 2020

    Michele Lowe

    DAVE LOWE REALTY, INC.

    (352) 409-0369

    104 in this area

    153 Total Sales

    Michele Lowe
    Section Image
  • Tony Jackowitch

    Seller Co-Listing Agent in 2020

    Tony Jackowitch

    DAVE LOWE REALTY, INC.

    (352) 383-7104

    24 in this area

    27 Total Sales

    Tony Jackowitch
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5017645

Stellar MLS

APN: 30-19-27-1930-000-0010A

Florida Lake County Mount Dora 32757

525 N Tremain St, Mount Dora, FL

This home is located at 525 N Tremain St, Mount Dora, FL 32757 since 04 July 2019. This property was built in 1961. 525 N Tremain St is a home located in Lake County with nearby schools including Triangle Elementary School, Mt. Dora Middle School, and Mt. Dora High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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