521 Michigan St, Mount Dora, FL 32757

Under contract-accepting backup offers. NOW OFFERED AT AN INCREDIBLE NEW PRICE OF $299,000! This is your opportunity to own a charming Downtown Mount Dora property situated on a rare DOUBLE LOT with R-2 zoning, offering exceptional flexibility, future potential, and value. Located less than one mile from the historic downtown district and within the golf cart zone, this unique property sits on a spacious 100x130 lot—equivalent to two lots under one ownership. The home features 2 bedrooms plus a versatile bonus room, updated flooring, and an inviting open-concept kitchen that creates a warm and welcoming atmosphere. Whether you're looking for a primary residence, investment opportunity, or property with room to grow, this home offers possibilities that are increasingly difficult to find at this price point. Step outside to enjoy a private fenced backyard complete with a cement RV/camper pad with full hook-up, creating opportunities for guests, multi-generational living, or additional income potential. Additional outdoor amenities include a fire pit, patio and BBQ area, private outdoor shower, public sewer connection at the RV pad, a secondary RV hook-up, and a newly built fully permitted 12x24 storage building. With no HOA, there is plenty of room for your boat, RV, and recreational toys. Conveniently located near Gilbert Park, the public boat ramp, waterfront attractions, restaurants, shopping, festivals, and everything that makes Mount Dora one of Central Florida's most beloved destinations. At just $299,000, properties offering this combination of location, lot size, zoning flexibility, and income-producing potential are becoming increasingly rare. Don't miss this exceptional opportunity to secure a piece of Downtown Mount Dora with room to enjoy today and possibilities for tomorrow. Buyer to verify all zoning and future development opportunities.