5550 Huron Street

Mount Dora, FL 32757

$435,000
Price
—
Beds
3,041 Sq. Ft.
$143 / Sq. Ft.
3,041
Sq. Ft.
$143
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Drew Belani

    Drew Belani

    Listing Agent

    Compass

    drew.belani@compass.com

    P: (407)-456-3226

Property Details for 5550 Huron Street

Subdivision Name
TANGERINE
Township
20
Waterfront
No
LISTING UPDATED: 12/03/2024 10:36 AM

Property Details for 5550 Huron Street

StatusActive
MLS #O6230221
Days on Market108
Taxes$4,283 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1920
Lot Size0.51 AC / 22,408 SF
CountyOrange County

Building Information for 5550 Huron Street

Stories-Residences4Year Built1920Building Size-Lot Size0.51 AC / 22,408 SF

Property Information for 5550 Huron Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From W Orange Blossom Trail, turn left onto Earlwood Ave. Turn right onto Huron St. Property is located on the left handside.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5550
  • Street Name: HURON
  • Street Suffix: STREET
  • State: FL
  • City: MOUNT DORA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1
  • Tax Book Number: 3-599
  • Tax Legal Description: TANGERINE MISC 3/599 BEG 160 FT E OF SWCOR LOT 22 RUN N 140 FT W 10 FT N 40 FTE 132 FT S 180 FT W 122 FT TO POB BLK 1BEING PART OF LOTS 9 THRU 12
  • Tax Lot: 22
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Parcel Number: 08-20-27-8559-01-091
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 3041
Property and Assessments
  • Year Built Numeric: 1920
  • Flood Zone Code: A
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 08
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Wall/Window Unit(s)
  • Fireplace: Yes
  • Heating: Natural Gas
  • Interior Features: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Laundry Features: Other
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $12,580
  • Annual Net Income: $29,120.00
  • Gross Income: $41,700
  • Total Monthly Expenses: $1,048
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Pro Forma 1: 975
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Pro Forma 2: 750
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Pro Forma 3: 1050
  • Unit Type Type 3: 2 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Pro Forma 4: 700
  • Unit Type Type 4: 1 Bed/1 Bath
Rental
Rental Information
  • Total Actual Rent: $3,475

Property History for 5550 Huron Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5550 Huron Street

Taxable ValueLand$80,000Additions$180,999Total$260,999
Tax Record2023$4,283 ($357 / month)
Home Facts
Total Finished SqFt3,041 SqFtAbove Grade Finished SqFt3,041 SqFtStories1Lot Size22,408 SqFtStyleQuadraplexYear Built1920Year Renovated1990ZoningR-2CountyORANGEAPN08-20-27-8559-01-091

Schools near 5550 Huron Street

This home is within Orange County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Zellwood Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

Wolf Lake Middle School
Public6 to 8

Cornerstone Charter Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5550 Huron Street is a multi-family home for sale in Mount Dora, FL 32757. This property was listed for sale on August 6, 2024 by Compass, it's currently listed at $435,000. It has been on the market for a total of 108 days and was last sold on November 15, 2011. This listing's school district is Orange County Public Schools. Nearby schools include Zellwood Elementary School, Cornerstone Academy Charter and Wolf Lake Middle School. 5550 Huron Street is a 0-bed, 0-bath, 3,041 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/03/2024 10:36 AM