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    347 E 3RD Avenue

    Mount Dora, FL 32757
    • $1,050,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: O5914450
    Open House
    UPDATED: 12 min ago
    $1,050,000
    • 0
      BEDS
    • 0.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,130
      SQFT
    • $205
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    Description

    Must see to appreciate this gorgeous Mediterranean estate with all new electrical, wiring and panels, new A/C systems, new clay tile roof (2018), water heater and so much more. The current owners have modernized, replaced and improved almost every facet, making it truly move-in ready. Exceptional opportunity to live in the areas most beautiful registered historic home or for immediate income in the heart of Mt. Doras business district, rich with Old World charm, eclectic shops, restaurants, festivals, boating, nature trails as well as an easy commute to Orlando, theme parks and beaches. Situated on over three-quarters of an acre of paradise with lush tropical gardens, fountains and patios enclosed by a brick privacy wall just off the beaten path, the estate includes 3 structures: the main house, "Carriage House, as well as a separate studio. Operating as "The Magnolia Inn since 1994, the romantic yet unpretentious design of the home offers a true blending of past and present with bright, open living spaces combined with traditional grace and beauty, equipped with hardwood floors, crown molding, ceiling fans and authentic period-specific furnishings. Truly a "turnkey business opportunity to own and profit from one of the Southeast United States highly acclaimed, award-winning B&Bs. The main house features 5 guest suites and an "innkeeper's suite with private en-suite baths. Family or guests may enjoy comfortable living areas, a game room, large dining room, spacious kitchen, ample counters, gourmet prep sink and "eat-in nook area, used as an office area. Also, adjacent is an additional dining area, "sun porch and French doors opening to the beautiful peaceful grounds, gardens and patios situated on over three-quarters of an acre of paradise. The "Carriage House provides a totally separate 7th suite with a full kitchen, living room, large bedroom, full bath and a utility room equipped with a washer and dryer. Perfect as an in-law suite to rent or as a personal residence. In addition, the property also offers a third structure under air that affords another location on the premises for a studio, office, game room or multi-purpose bonus area. This estate provides a great opportunity to enjoy as a private home or as a complete turnkey business with immediate cash flow and guest bookings. Whether you choose to live here, live here and receive immediate cash flow or operate strictly as a profitable award-winning bed and breakfast, The Magnolia Inn affords a fabulous opportunity to own a large piece of paradise in prime downtown Mt. Dora that is truly move-in ready. Call to schedule a time to see for yourself.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-20T10:42:20.923.
    www.pepinerealestate.com/homes/112996972
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    347 E 3RD Avenue Mount Dora, FL 32757

    • Price: $1,050,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: O5914450
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.76
    Acres
    5,130
    SQFT
    $205
    $/SQFT
    1926
    Built
    Neighborhood:
    Mount Dora Tremains
    County:
    Lake
    Area:
    Mount Dora
    Property Description
    Must see to appreciate this gorgeous Mediterranean estate with all new electrical, wiring and panels, new A/C systems, new clay tile roof (2018), water heater and so much more. The current owners have modernized, replaced and improved almost every facet, making it truly move-in ready. Exceptional opportunity to live in the areas most beautiful registered historic home or for immediate income in the heart of Mt. Doras business district, rich with Old World charm, eclectic shops, restaurants, festivals, boating, nature trails as well as an easy commute to Orlando, theme parks and beaches. Situated on over three-quarters of an acre of paradise with lush tropical gardens, fountains and patios enclosed by a brick privacy wall just off the beaten path, the estate includes 3 structures: the main house, "Carriage House, as well as a separate studio. Operating as "The Magnolia Inn since 1994, the romantic yet unpretentious design of the home offers a true blending of past and present with bright, open living spaces combined with traditional grace and beauty, equipped with hardwood floors, crown molding, ceiling fans and authentic period-specific furnishings. Truly a "turnkey business opportunity to own and profit from one of the Southeast United States highly acclaimed, award-winning B&Bs. The main house features 5 guest suites and an "innkeeper's suite with private en-suite baths. Family or guests may enjoy comfortable living areas, a game room, large dining room, spacious kitchen, ample counters, gourmet prep sink and "eat-in nook area, used as an office area. Also, adjacent is an additional dining area, "sun porch and French doors opening to the beautiful peaceful grounds, gardens and patios situated on over three-quarters of an acre of paradise. The "Carriage House provides a totally separate 7th suite with a full kitchen, living room, large bedroom, full bath and a utility room equipped with a washer and dryer. Perfect as an in-law suite to rent or as a personal residence. In addition, the property also offers a third structure under air that affords another location on the premises for a studio, office, game room or multi-purpose bonus area. This estate provides a great opportunity to enjoy as a private home or as a complete turnkey business with immediate cash flow and guest bookings. Whether you choose to live here, live here and receive immediate cash flow or operate strictly as a profitable award-winning bed and breakfast, The Magnolia Inn affords a fabulous opportunity to own a large piece of paradise in prime downtown Mt. Dora that is truly move-in ready. Call to schedule a time to see for yourself.
    Exterior Features

    Carport Spaces 1 Carport Yn Yes Construction Materials BlockStucco Exterior Features BalconyFrench DoorsIrrigation SystemLightingRain GuttersSidewalk Foundation Details Basement Lot Features Historic DistrictIn City LimitsLevel/FlatNear MarinaOversized LotSidewalkStreet Brick Lot Size Dimensions 150X220 Other Structures Guest HouseOther Parking Features DrivewayGuest Patio And Porch Features Front PorchPatioRear Porch Pool Private Yn No Roof Tile View CityGardenTrees/Woods Water Access LakeLake - Chain Of Lakes Water Access Yn Yes Water Body Name Harris Chain Of Lakes Water Extras Fishing PierSkiing Allowed Water Extras Yn Yes Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Accessible BedroomAccessible Central Living AreaAccessible Common AreaAccessible Full BathAccessible Kitchen Appliances Additional Rooms AtticFlorida RoomFormal Dining Room SeparateInside UtilityInterior In-Law Suite Appliances DisposalDryerExhaust FanGas Water HeaterIce MakerMicrowaveRangeRefrigeratorWasherWine Refrigerator Cooling Central AirWall/Window Unit(S) Fireplace Features Gas Fireplace Yn Yes Flooring CarpetLaminateTileWood Heating ElectricHeat Pump Interior Features Built in FeaturesCeiling Fans(S)Crown MoldingHigh Ceiling(S)Master Bedroom DownstairsSolid Wood CabinetsSplit BedroomWalk-In Closet(S)Wet BarWindow Treatments Laundry Features InsideOther Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 150000.00 Association Yn No Cdd Yn No Community Features FishingParkPlaygroundPublic Boat RampSidewalkWater AccessWaterfront Disclosures Lead PaintSeller Property Disclosure DPR No Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms ConventionalVa Loan New Construction Yn No Pets Allowed Yes Property Sub Type Multi-Family Realtor Info Docs AvailableOwner MotivatedSold As-IsTermite Bond/Warranty Security Features Fire Sprinkler SystemSmoke Detector(S) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 11017.47 Tax Year 2020 Total Num Buildings 3 Utilities Bb/Hs Internet AvailableCable AvailableFire HydrantNatural Gas AvailablePublicSewer ConnectedSewer NearbyStreet Lights Zoning Rp


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Premier Sothebys Int'l Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-20T10:42:20.923.
     
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