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About this home
Fearon Ave & E 19th Ave Ave #1-6 is a home in Nathan's Corner, Mount Dora. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Nathan's Corner offers a rare opportunity to acquire six ready-to-build lots in the heart of Downtown Mount Dora, just off Donnelly Street. Located within the city limits, the property consists of FULLY APPROVED three duplex lots (1-3) and three single family lots (4-6) and NO HOA, providing flexibility for a variety of residential development options. Each lot has it's own assigned address along with CITY WATER, SEWER, IRRIGATION INFRASTRUCTURE TO EACH LOT and FIRE HYDRANT INSTALLED for subdivision. Other site improvements include BUILDING PADS AND DRAINAGE SWALES in and approved through city. The lots are situated on two paved dead-end streets off Donnelly, Fearon Ave and E 19th Ave, both with limited traffic, creating a quiet setting just one mile from downtown Mount Dora. Each parcel measure 75.50' x 146' allowing for comfortable spacing between homes. Opportunities to purchase multiple residential lots in such a desirable location are increasingly limited, especially when you can walk to downtown from this location!! Whether your planning a residential development project, building multiple homes or creating a family compound for many family members, this property offers exceptional potential in one of Central Florida's most sought-after towns. Mount Dora is a golf cart friendly town making it perfect for dining at nearby restaurants, checking out the weekly farmers market and so much more. Lots are minutes to Publix, Target, Walmart, Advent Health Waterman Hospital, banks, parks, pickle ball courts and more!! If you haven't already fallen for this wonderful town, check it out and you will see why we really are "someplace special." Call today for more details on how you can own this valuable land with six lots fully approved and ready for your house and duplex plans.
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Details
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
$1,299,000
Time on market
131 days
Monthly payment
About $7,706/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,379 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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