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Terry Ward

Terry Ward, REALTOR
Watson Realty Corp, Mount Dora Office
Mount Dora, FL 32757

352-638-2556
Contact Me

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Listing 16 out of 169
$875,000 For Sale

1029 E 5th Avenue
Mount Dora, FL 32757

9 units | Multi Family Home
1.02 acres - MLS# G4853131
Property Photo
1/25

Description

In 1887, Leander Farnsworth, a shoe merchant from Detroit, Michigan purchased this property. It remained in his family until the 1930's. In 1992, the property was purchased and made into a Bed & Breakfast. It has remained a Historical B & B ever since. There have been four owners during the period of 1992 to 2018. The present owners have taken great pride in this Historic Mt. Dora property and have restored it to its present condition. As a result, the reputation of the Farnsworth House and its revenue stream have grown exponentially...Mount Dora continues to thrive and has received many awards and national accolades to include "The Best Small Town in Florida". The town and the Farnsworth House compliment each other in a "win-win" situation. This beautiful property contains 9 separate suites, each with their own bathroom and seven with kitchenettes, within two historic buildings on a one-acre site in downtown Mt. Dora. The size, décor, and layouts are different in each suite. As a result, this property can be utilized for daily and weekly rentals, or as monthly and short-term rentals. The consistent feature of the property is the gorgeous condition throughout and the serene downtown site. The sale includes furnishings and equipment, business name and Marketing/Advertising tools.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Lake County
  • Zip Code: 32757
  • Year Built: 1887
  • Subdivision/Neighborhood: Marathon
  • Sq.Ft.: 4,973 sq ft
  • Style: Multi-Family (Multi-Family)
  • Stories: Two
  • Total Rooms: 1
  • Units: 9 units
  • Lot Size: 1.02 acres
  • Zoning: R-2
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Interior In-Law Apt
  • Annual Net Income: 58852.00
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Building Area Source: Public Records
  • Carport Spaces: 2
  • Carport YN: Yes
  • Community Features: Sidewalk
  • Construction Materials: Siding, Wood Frame
  • Cooling: Central Air, Wall/Window Unit(s), Zoned
  • Country: US
  • Direction Faces: South
  • Flooring: Carpet, Laminate, Wood
  • Furnished: Furnished
  • Gross Income: 179399
  • Heating: Central, Natural Gas, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside
  • Lot Dimensions: 159x284
  • Lot Features: In City Limits
  • Lot Size Square Feet: 44304
  • Other Structures: Guest House, Workshop
  • Parcel Number: 29-19-27-002000000100
  • Parking Features: Circular Driveway, Driveway, Guest, None, Open, Workshop in Garage
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Metal
  • Security Features: Smoke Detector(s)
  • Tax Year: 2017
  • Total Acreage: One + to Two Acres
  • Total Num Buildings: 2
  • Township: 19
  • Unit Count: 2
  • Utilities: Cable Connected, Electricity Connected, Gas, Public, Sewer Connected
  • Vegetation: Mature Landscaping, Oak Trees
  • Window Features: Blinds, Rods, Window Treatments
Courtesy of Watson Realty Corp



Terry Ward | 352-638-2556 | Contact Me
639 N. Donnelly Street - Mount Dora, FL 32757
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