1029 E 5th Avenue
MOUNT DORA, FL 32757

Description

In 1887, Leander Farnsworth, a shoe merchant from Detroit, Michigan purchased this property. It remained in his family until the 1930's. In 1992, the property was purchased and made into a Bed & Breakfast. It has remained a Historical B & B ever since. There have been four owners during the period of 1992 to 2018. The present owners have taken great pride in this Historic Mt. Dora property and have restored it to its present condition. As a result, the reputation of the Farnsworth House and its revenue stream have grown exponentially...Mount Dora continues to thrive and has received many awards and national accolades to include "The Best Small Town in Florida". The town and the Farnsworth House compliment each other in a "win-win" situation. This beautiful property contains 9 separate suites, each with their own bathroom and seven with kitchenettes, within two historic buildings on a one-acre site in downtown Mt. Dora. The size, dcor, and layouts are different in each suite. As a result, this property can be utilized for daily and weekly rentals, or as monthly and short-term rentals. The consistent feature of the property is the gorgeous condition throughout and the serene downtown site. The sale includes furnishings and equipment, business name and Marketing/Advertising tools.

Details

MLS#G4853131
Sub-TypeResale
StatusActive
Year1887
Days On Site150

Features

SQ Feet4,973
Units9
Building(s)2

Market Activity 32757

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Area Information

StateFL
CountyLake
CityMOUNT DORA
Zip Code32757
Area32757 - Mount Dora
Listing VS Median (in 32757)
Price:
$875,000
low | high
Med:
$258,400
100% of Average
SqFt:
4,973
low | high
Med:
1,601
100% of Average
$ / SqFt:
$176
low | high
Med:
$161
58.269959846524% of Average
On Site:
150
low | high
Med:
243
61.728395061728% of Average
Listing Updated: 07/14/2018
MLS Number: G4853131
Listing Provided By:
Larry Pierce  of  WATSON REALTY CORP

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