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Off market
  • $2,297,600

    525 N Tremain St, Mount Dora, FL 32757

    --beds
    0baths
    21,000sqft
    Multi-Family
    Built in 1961
    -- sqft lot
    $2,297,600 Zestimate®
    $109/sqft
    $1,680 Estimated rent

    Home value

    $2,297,600

    $1.75M - $3.01M

    $1,680/mo

    Zestimate® history
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    $1,680/mo

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    $1,680/mo

    Rent Zestimate®

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    $15,544/mo

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    $15,544/mo

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    What's special

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Lake and Sumter

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Living Room/Dining Room Combo, Cathedral Ceiling(s), Eating Space In Kitchen, Window Treatments
    Interior area
    • Structure area source: Estimated
    • Total interior livable area: 21,000 sqft

    Property

    Features
    • Levels: Three Or More
    • Exterior features: Other, Stucco, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.35 Acres
    • Dimensions: 80x190
    Details
    • Parcel number: 30192719300000010A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-Family
    Materials
    • wood frame
    • Foundation: Slab
    • Roof: Built-up
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, BB/HS Internet Available, Cable Available, Public

    Community & HOA

    Community
    • Subdivision: REGENCY VILLAS CONDOMINIUM INC
    Location
    • Region: Mount Dora

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $906,435
    • Annual tax amount: $19,884
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple
    • Tenant pays: Electricity, Water, Sewer, Trash Collection

    Price history

    DateEventPrice
    5/24/2022Sold$1,575,500$75/sqft
    Source: Public Record Report a problem
    8/6/2019Listing removed$1,200
    Source: DAVE LOWE REALTY, INC. #G5017897 Report a problem
    7/10/2019Listed for rent$1,200
    Source: DAVE LOWE REALTY, INC. #G5017897 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,884 +1.3%$906,435
    2024$19,636 +4.9%$906,435 +2.8%
    2023$18,715 -2%$881,752
    2022$19,089 -31.2%$881,752 -34.7%
    2021$27,743 +7.9%$1,349,364 +25.2%
    2020$25,712 +1133.7%$1,078,167 +1072.1%
    2019$2,084 +0.8%$91,988
    2018$2,067 $91,988 +10%
    2017$2,067 +19%$83,652
    2016$1,737 +0.1%$83,652 +1.8%
    2015$1,736 +3.1%$82,197 +1.6%
    2014$1,684 +7.9%$80,875 +2.2%
    2013$1,561 -0.8%$79,155
    2012$1,574 -17.4%$79,155 -28.7%
    2011$1,905 -25.8%$111,086 -16%
    2010$2,569 -2%$132,264 -2.1%
    2009$2,623 -5.9%$135,139 -36.2%
    2008$2,788 -34.3%$211,964 -1.3%
    2007$4,243 -9.5%$214,839
    2006$4,686 +194.3%$214,839 +199.7%
    2005$1,592 +31.7%$71,686
    2004$1,209 +1.6%--
    2003$1,191 +10%$51,907 +10.1%
    2002$1,083 +5.9%$47,149 +1.4%
    2001$1,023 -2.1%$46,501
    2000$1,044 $46,501
    Find assessor info on the county website

    Neighborhood: 32757

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,297,600
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    Estimated market value
    $2,297,600