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About this home
Codding Pl is a home in Village Grove Unit 01, Mount Dora. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
8.84-acre infill parcel inside Mount Dora city limits, just off CR 19A near US 441, in the middle of the Golden Triangle (Mount Dora, Eustis and Tavares). About 550' x 1,000'. Flood zone X. It is currently zoned R-1A (residential). The site previously had an approved commercial PUD allowing up to 100,000 sq ft of warehouse-type development, and the City has said it wants to see the property developed. A rezoning to a similar PUD, or to another use such as multifamily or assisted living (ACLF), may be possible with City approval. The seller will allow reasonable time for a buyer to pursue rezoning. Access is by a 50-ft dedicated easement from 19A along Codding Place (currently unpaved), next to Grand Rental Station. City water and sewer are listed as available. Buyer to verify zoning, entitlements and utility capacity with the City of Mount Dora.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,500,000
Time on market
158 days
Monthly payment
About $9,166/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,115 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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