Great Condo in historic Mt. Dora. Huge Rental Yield potential!!!
Beds: 2 Baths: 2 Heated Sq ft: 900 Year Built: 1979
Approved Price: $46,900
Estimated Closing Costs: $1,000
Approx Total Price: $47,900
Estimated Monthly costs:
Condo Association Fee: $190
Total Monthly costs: $337
Est. Monthly Rental: $750
Est. Net Annual Rental: $4,860
Est. Net Rental Yield: 10.1 %
This is a great chance to buy a condo in a quiet community for a low price. The condo has had a fresh coat of paint, new carpet in the bedrooms, a new microwave and a deep clean, this is a very attractive condo that will be appealing to tenants. Or buy the condo, do the refurbishment to your own taste and use it for your Florida sunshine retreat.
The community is walking distance to shops and walking distance to the beautiful Mount Dora town centre, with an array of boutiques, restaurants and walkways. The town itself sits on the edge of Lake Dora, which hosts weekly farmer's markets, art and music festivals, and various boating events. This weekend features the annual Highland Games.
In less than 30 minutes you can be in Downtown Orlando, Winter Park, Lake Mary or even Disney. Also, just 5 minutes away are Eustis and Tavares (Seaplane City), with a host of restaurants, shops and lots of activities.
Have a look at the Mount Dora promotional clip below, you are sure to be impressed with this picturesque little ole town!
Our property management team have now secured at tenant from the 1st April, at a rent of $750 per month.