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2 bedroom apartment for sale

USD $46,900

USA - Florida, Lake County, Mount Dora

like this property?

Call: 03339 395809

Key features:

  • Communal garden
  • Off street parking
  • Swimming pool
  • AC

Full description:

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 a tenant at a rent of $750 per month.

Estimated Running Costs and Rental Income:

Monthly costs: Taxes $52, Insurance $25 Condo Association Fee $190, Management $70= Total $337

Purchase Price: $46,900 + Approx closing costs $1000 = Price $47,900

Monthly Rental: $750

Estimated Net Rental Yield: 10.3%

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Orlando (International), 59 miles
  • Daytona Beach (Domestic), 72.8 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Iris International, Florida

5728 Major Blvd Suite 730 Orlando
03339 395809  Local call rate
About Iris International, Florida

Originally from Dorset, England, Reeve has called Central Florida home for the past 17 years. He graduated from the University of Central Florida in 1999 with a B.A. in Advertising and Public Relations and shortly after starting working in the family business of Real Estate and Property Management.

Reeve has been a Licensed Florida Realtor for the last 6 years, starting his career selling vacation homes in the Disney area. His portfolio then transitioned from residential buyers to investors. Through his marketing efforts at international, property trade shows, he was able to capture the attention of foreign investors and quickly gained international credibility with their investment groups selling them single family investment properties. Since then, Reeve has specialized in working with out of state and foreign investors.

Due to the recent mortgage crisis and the crippling effect it has had on the US Real Estate market coupled with the appallingly low interest rates being paid on typical savings accounts, he found himself forced from being a Realtor earning commissions to becoming a Real Estate investor.

After months of research, Reeve identified certain areas in Central Florida That provided greatly discounted properties and offered rental returns that, even with today’s low rental rates, gave double digit returns on investment. However, even as a license Realtor, he found attempting to purchase these properties through traditional methods to be a frustrating, time consuming and fruitless exercise. After making hundreds of offers over several months he realized the true challenge was to able to successfully acquire these properties in a highly competitive marketplace. Fortunately, his persistence and relentless networking with reliable and efficient sources gained him access to the most desirable foreclosure properties.

Currently, Reeve works with agents and investors throughout the world that have lined up to take advantage of the incredible investment opportunity that Central Florida has to offer.


This is a property advertisement provided and maintained by Iris International, Florida (reference Eudora_Rd_2_bed) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

or call 03339 395809
Calling from outside the UK? 0044 20 7096 0839

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