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About this home
351 N Donnelly St is a 1925-built home in Mount Dora Resub Blk 08 Sec 31, Mount Dora. Listed at $3,000,000 (about $667/sqft), 39 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Incredible Opportunity! Sits on Donnelly Street - the primary commercial corridor of Downtown Mount Dora and houses a diverse tenant mix spanning dining and specialty retail: A Cuban restaurant, an olive oil shop and a jewelry store. This tenant composition provides three distinct revenue streams from independent operators. The Cuban restaurant drives foot traffic for both lunch and dinner service, the olive oil shop attracts the culinary-tourism demographic that is core to Mount Dora's visitor profile, and the jewelry store captures higher-ticket discretionary spending. The property's Donnelly Street frontage ensures maximum visibility and pedestrian exposure, particularly during Mount Dora's major festivals and events, which routinely draw tens of thousands of visitors to the downtown core.
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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
$3,000,000
$667 per sq ft
Size
4,500 sq ft
Time on market
39 days
Year built
1925
Monthly payment
About $18,409/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $15,150 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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