MOUNT DORA BUZZ - Real Estate Buzz

PROPOSED BIKE TRAIL COULD BOOST REAL ESTATE IN LAKE COUNTY

2/1/2020

It’s always one of the hottest local topics in Mount Dora and Tavares -- the Tav-Dora trail, a bike trail that would connect the two communities to each other and to Florida’s Coast-to-Coast Trail. Recently, the railroad was sold, so it’s an opportune time for Mount Dora Buzz to provide an update with current information from the trail’s long-time advocate and spearhead, Tavares City Administrator, John Drury. Read more

Local Real Estate Guide

DOWNTOWN MOUNT DORA BUILDING IS SOLD AND SIGNS NEW TENANT

1/1/2020

ABOVE: The building is located near the middle of the block near Piglet's Pantry

Located on the most prime block of downtown Mount Dora, the old 1920 bank building housed the same tenant since 1996. That’s the year Cindy and Clay Oliver purchased the historic building located at 404 N. Donnelly Street and opened Oliver’s Twist Antiques, a two-level store filled with vintage treasures.

After two decades of rarities and oddities, the Olivers decided to scale back their business by closing the brick-and-mortar store to focus on the estate-sale side of their business, Oliver’s Twist Estate Sales. On December 2, they sold the approximately 3,500 square-foot building to Donnelly 404, LLC, for $1,300,000. The property will be managed by CFL Property Group (CFL) which manages several fully-leased commercial buildings downtown. Read more

Local Real Estate Guide

PROPOSED NEW MOUNT DORA RESIDENTIAL DEVELOPMENT SET FOR DEC. 3 HEARING

12/2/2019

UPDATE 12/17/2019: The development passed at its final public hearing on December 17 with a 5-2 vote by Mount Dora City Council.
UPDATE 12/3/2019: Mount Dora City Council passed the rezoning application at the December 3 public hearing with the inclusion of the caveats added by the city's Planning and Zoning Board. A required second public meeting will be held at an upcoming city council meeting.

It’s the only tract of land of its kind within Mount Dora’s city limits. On Tuesday evening, December 3 (see updates above), Mount Dora City Council will hold a public hearing for rezoning of a proposed new development titled “Cottages on 11th," which would have a maximum of 27 luxury, single-family homes.

The hilltop 10.9-acre property with a view of Lake Dora is between 11th Avenue and Old U.S. Highway 441 near Helen Street, just west of downtown. The land can be identified by its old orange groves perched on the hill a short distance past the van Gogh House. Read more

Local Real Estate Guide

OLD POST OFFICE PROPERTY IS NO LONGER OPTION FOR DOWNTOWN PARKING GARAGE

6/19/2019

One of the most talked about properties to help solve downtown Mount Dora’s chronic parking woes is now off the table. The Mount Dora Post Office property went under contract on June 5 and is expected to close in August.
Read more

Local Real Estate Guide

DOWNTOWN MOUNT DORA BUILDING QUICKLY GOES UNDER CONTRACT

4/17/2019

Well, it didn’t take long. In fact, it only took four days for eager buyers to snatch up the perfectly located building and parking lot located at 334 N. Donnelly Street in downtown Mount Dora. The asking price was $2.5 million.

RELATED: Downtown Mount Dora Building Goes up for Sale

The buyers, Michael Ross and Peter Burgess, are not new to Mount Dora real estate. Read more

Local Real Estate Guide

NEW RETAIL CONCEPT TO COME TO DOWNTOWN moUNT dORA

3/26/2019

ABOVE: The new home of Mount Dora Marketplace (Mount Dora Buzz file photo)

It’s been a pipe dream in Mount Dora for years. This summer it will become a reality.

One of downtown’s historic buildings will soon transform into Mount Dora Marketplace, a carefully curated community market. The vacant 4,500 square-foot building, formerly home to Eduardo’s bar and restaurant, will feature a blend of independent businesses in its ground floor. The focus will be on fresh food specialties and select complementary businesses. The intimate spaces will serve as an incubator for small entrepreneurs that seek a presence in Mount Dora, but not the hefty rents that often accompany such a premium location. Plenty of indoor and outdoor seating is planned for customers to enjoy their tasty selections. Read more

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NEW DEVELOPMENT APPROVED FOR ROUND LAKE ROAD

3/1/2019

Change is coming. Residential growth in the rural eastern side of Mount Dora has long been expected. It’s now come to fruition with Timberwalk, the recently-approved, 376 home development on Round Lake Road. The style of the homes and white perimeter fencing will be similar to Sullivan Ranch, another residential development on Round Lake Road. Read more

Local Real Estate Guide

TWO MOUNT DORA LANDLORDS BRING NEW TENANTS TO DOWNTOWN

2/1/2019

In a city where some vacant downtown spaces have seemingly become permanent fixtures, at least two downtown landlords have succeeded in leasing their space.

Recently, the two-story building at the corner of Donnelly Street and Third Avenue added three new businesses to its roster of tenants that already included the Jane Slivka Art Gallery in its courtyard. Now there’s only one 935 square-foot space available in the Creators Corner building owned by Carillo Family Enterprises, LLC and managed by Mike Levine of Certified Real Estate Investments, Inc. Read more

Real Estate Guide

PARKING GARAGE PARTNERSHIP PITCHED TO MOUNT DORA

10/1/2018

A seed was recently planted in Mount Dora. One that could significantly grow the number of downtown parking spaces.

At a September 27 workshop, representatives of G3 Development presented the City Council with a preliminary public-private partnership (PPP) proposal to build a parking garage with 488 spaces. The site combines contiguous lots currently being acquired by G3 with the city’s existing parking lot adjacent to the railroad tracks between Tremain and Baker Streets. The small part of Baker Street that dead ends and sits between the parking lot and the soon-to-be G3 lots would be the only other property included. Read more

MOUNT DORA CONSIDERS NEW RESIDENTIAL DEVELOPMENT

12/12/2017

Thirty-three acres of orange groves may become Dora Landings, Mount Dora’s newest residential development. The proposed 129-home subdivision lies between Pine Street and Limit Avenue with Grandview Street running down the middle.

The proposed master plan would transform the Simpson orange groves into a neighborhood with single-family homes that are a minimum of 1,200 square feet. The subdivision would have a net density of 4.16 houses per acre with lot sizes starting at 5,500 square feet. According to the City of Mount Dora, the project does not require a change in zoning. Read more

Local Real Estate Guide