4 months on rocket

5550 Huron St, Mount Dora, FL, 32757

$435,000

Home List Price

$5,166*

Closing Credit

0 Baths
3,041 SqFt
$143/SqFt
Multi

Location

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5550 Huron St, Mount Dora$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1920
HeatingNatural Gas
CoolingWall/Window Unit(s)
MLS #O6230221
Lot Size0.51 Acres
StatusActive

About 5550 Huron St

Rare opportunity to own a VALUE ADD CASH FLOWING QUADRUPLEX at a 6.7% cap. Excellent location near charming and sought-after growing Mount Dora, Florida. This unique property at 5550 Huron Street offers a total of 3041 square feet of living space on an expansive 22408 square foot lot. Each of the four units features individual wall-mounted air conditioning units, well-appointed kitchens, private entrances, and mailboxes for added convenience. Unit 1 boasts fresh new carpet, new bathroom tile. New shared laundry shed with new washer and dryer. Nestled in a tranquil and well-maintained neighborhood, this quadruplex boasts a large and impeccably manicured yard, providing a serene outdoor space for residents to enjoy. Ample street parking and dedicated parking directly in front of each unit ensure hassle-free parking for all occupants. With a consistent annual income of $41,700 and low property maintenance, this property presents an exceptional opportunity for rental growth, and improvements. The electrical system is up to date as of 2024, offering peace of mind to the future owner. Conveniently located just minutes away from boutique shopping, waterside restaurants, and renowned "modernism" museums in downtown Mount Dora, this quadruplex is perfectly positioned to give residents a vibrant and diverse lifestyle. Mount Dora is a thriving area of Orange County, known for its scenic lakes, annual festivals, and diverse culinary scene, making it a highly desirable community for residents and investors alike. Don't miss this incredible opportunity to add a valuable asset to your portfolio in the rapidly growing Mount Dora area.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 3,041 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Drew Belani

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), Walk-In Closet(s), Window Treatments

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Rain Gutters

Virtual/3D Tour

  • Virtual Tour: 5550 Huron St
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Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From W Orange Blossom Trail, turn left onto Earlwood Ave. Turn right onto Huron St. Property is located on the left handside.

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $3,389
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mount Dora, FL.

Med. Sold Price

$403.5K

Med. Price/SqFt

$217

Avg. Days On Market

72

# of Sold Homes

41

5550 Huron St vs Mount Dora

133 DAYS ON ROCKET

+61 Days

$435,000

+$31.5K More

$143/SqFt

-$75 Less

KEY TAKEAWAY

This property is $31.5K more than the Median Sold Price and $75/SqFt less than other homes in Mount Dora, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6230221

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Drew Belani

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2011Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,389$194,857
2018$3,042$172,600
2017$2,584$124,716

History based on county public records data.

Payment Calculator

$2,239

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4450285
5
/10
  • Zellwood Elementary School

  • 3551 N Washington St

  • 2.62 miles

  • Public District Grades PK-5

school-card-donut-4450286
2
/10
  • Triangle Elementary School

  • 1707 Eudora Rd

  • 4.35 miles

  • Public District Grades PK-5

school-card-donut-4450287
8
/10
  • Wolf Lake Elementary School

  • 1771 W Ponkan Rd

  • 5.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,889. Typical income of Mount Dora, FL residents is between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaLake CountyMount Dora327575550 Huron St

This home is located at 5550 Huron St in Mount Dora, FL and zip code 32757 in the Tangerine neighborhood. This 3,041 square foot home, which was built in 1920, sits on a 0.51 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $435,000.

In November 2024 more than 1 listings in Mount Dora, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 31 were sold below. Listings spent 72 days on the market in November 2024, and had a median list price of $403,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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