Investor's Dream on Double Lot in Mount Dora! ???? Attention Investors and Builders! An exceptional investment opportunity awaits at 245 S Rhodes St in the charming city of Mount Dora. This property presents a rare chance to capitalize on a sprawling double lot, offering a multitude of possibilities for savvy investors. Unlock the Potential: Divide and Conquer: Situated on a generously sized double lot, explore the exciting potential to split the parcel back into two separate lots (buyer to verify all zoning and subdivision requirements with the city/county). Imagine building two brand-new homes in this desirable location! Renovate and Rent: The existing structure could be renovated and transformed into a profitable rental property, catering to the strong rental demand in the area. Flip for Fortune: Put your renovation skills to work and flip the existing home for a potentially handsome profit. Duplex Development: Capitalize on the growing trend in the neighborhood! Consider tearing down the current structure and constructing a duplex. Numerous duplexes are being built and sold separately nearby, showcasing a strong market for this type of development (buyer to verify all zoning and building requirements). This property is a blank canvas brimming with investment opportunities. Whether you're looking to expand your rental portfolio, execute a profitable flip, or embark on a new construction project, 245 S Rhodes St offers the flexibility and location to achieve your investment goals. Explore Vibrant Mount Dora – Just Moments Away! This ideally located property offers easy access to the heart of historic downtown Mount Dora, renowned for its New England charm, antique shops, and vibrant arts scene. Discover a wealth of activities and attractions nearby: Downtown Mount Dora: Just a short drive (specific distance to be confirmed by search, e.g., "less than 5 minutes," "approximately 1.5 miles") from your doorstep, enjoy strolling the quaint streets, Browse unique boutiques, and dining at an array of delightful restaurants and cafes. Waterfront Activities: Enjoy the beautiful Harris Chain of Lakes. Consider a scenic boat tour on Lake Dora, go fishing, or simply relax by the water at Grantham Pointe (Lighthouse Park). Festivals and Events: Mount Dora is famous for its year-round festivals, including the Mount Dora Arts Festival, the Craft Fair, and Light Up Mount Dora during the holiday season. Parks and Recreation: Explore local parks like Gilbert Park with its playground and boardwalk, or Trimble Park offering nature trails and camping. Historical Sites: Immerse yourself in the local history by visiting the Mount Dora History Museum or the Donnelly House.
Sold for $180,000 on 06/23/25
$180,000
245 S Rhodes St, Mount Dora, FL 32757
2beds
979sqft
Single Family Residence
Built in 1922
0.34 Acres Lot
$-- Zestimate®
$184/sqft
$1,677 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 09:54am
Listing Provided by:
Chris Creegan 407-622-1111,
CREEGAN GROUP 407-622-1111,
Felipe Apude 321-695-8140,
CREEGAN GROUP
Bought with:
Elizabeth Downes, 3238375
HEIRLOOM REALTY INTERNATIONAL
Source: Stellar MLS,MLS#: O6308572
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: None
- Laundry: Inside
Features
- None
- Flooring: Linoleum
- Has fireplace: No
Interior area
- Total structure area: 979
- Total interior livable area: 979 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 147
Details
- Parcel number: 321927180000A03000
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Mount Dora
- Subdivision: MOUNT DORA OAKWOOD
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt