347 E 3RD AVENUE,  Mount Dora  (32757)

$1,050,000

7 bedrooms 7   8 bathrooms 8   5130 square feet 5,130
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PROPERTY DETAILS

Address: view address
Mount Dora, FL 32757
Map Location
Features: Air Conditioning, Balcony, Furnished, Multi-level
Bedrooms:7Bathrooms:8 (full: 8)
Square Feet:5,130 sq.ft.Lot Size:0.76 acres
Year Built:1926Property Type:Single Family Residence
Neighborhood:Mount Dora TremainsCounty:Lake
List Date:2020-02-27Listing Number:O5847228
Virtual Tour:Click Here

MLS DESCRIPTION

Must see to appreciate this gorgeous Mediterranean estate with all new electrical, wiring and panels, new A/C systems, new clay tile roof (2018), water heater and so much more. The current owners have modernized, replaced and improved almost every facet, making it truly move-in ready. Exceptional opportunity to live in the area’s most beautiful registered historic home or for immediate income in the heart of Mt. Dora’s business district, rich with Old World charm, eclectic shops, restaurants, festivals, boating, nature trails as well as an easy commute to Orlando, theme parks and beaches. Situated on over three-quarters of an acre of paradise with lush tropical gardens, fountains and patios enclosed by a brick privacy wall just off the beaten path, the estate includes 3 structures: the main house, “Carriage House,” as well as a separate studio. Operating as “The Magnolia Inn” since 1994, the romantic yet unpretentious design of the home offers a true blending of past and present with bright, open living spaces combined with traditional grace and beauty, equipped with hardwood floors, crown molding, ceiling fans and authentic period-specific furnishings. Truly a “turnkey” business opportunity to own and profit from one of the Southeast United States’ highly acclaimed, award-winning B&Bs. The main house features 5 guest suites and an “innkeeper's suite” with private en-suite baths. Family or guests may enjoy comfortable living areas, a game room, large dining room, spacious kitchen, ample counters, gourmet prep sink and “eat-in nook” area, used as an office area. Also, adjacent is an additional dining area, “sun porch” and French doors opening to the beautiful peaceful grounds, gardens and patios situated on over three-quarters of an acre of paradise. The “Carriage House” provides a totally separate 7th suite with a full kitchen, living room, large bedroom, full bath and a utility room equipped with a washer and dryer. Perfect as an in-law suite to rent or as a personal residence. In addition, the property also offers a third structure under air that affords another location on the premises for a studio, office, game room or multi-purpose bonus area. This estate provides a great opportunity to enjoy as a private home or as a complete turnkey business with immediate cash flow and guest bookings. Whether you choose to live here, live here and receive immediate cash flow or operate strictly as a profitable award-winning bed and breakfast, The Magnolia Inn affords a fabulous opportunity to own a large piece of paradise in prime downtown Mt. Dora that is truly move-in ready. Call to schedule a time to see for yourself.






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Interior

Air Conditioning:YesCable Television Available:Yes
Carpet:YesCentral Air:Yes
Central Heat:YesDishwasher:Yes
Dryer:YesFurnished:Yes
Garbage Disposal:YesGas Fireplace(S:Yes
Handicap Access:YesHeat Pump:Yes
Ice Maker:YesLaminate Flooring:Yes
Range:YesRefrigerator:Yes
Smoke Alarm:YesTile Flooring:Yes
Washer:YesWindow Coverings:Yes
Wood Floors:Yes

Exterior

Balcony:YesBlock Exterior:Yes
Brick Exterior:YesDeck:Yes
Gazebo:YesLiving Square Feet:5,130
One Car Carport:YesPatio:Yes
Porch:YesStucco Exterior:Yes
Style:Historical,Spanish/MediterraneanTile Roof:Yes

Property and Lot Details

Elementary School:Triangle ElemHas View:Yes
High School:Mount Dora HighLot Acres:1
Lot Dimension:150x220Lot Has City View:Yes
Lot Has Southern Exposure:YesLot Zoned:RP
Middle School:Mount Dora MiddleNatural Gas:Yes
Public Sewer:YesPublic Water:Yes
Subdivision:MOUNT DORA TREMAINSTaxes:11,017
Transaction Type:SaleYear Built:1926

Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listing courtesy of: PREMIER SOTHEBYS INT'L REALTY