Value-add triplex with immediate income and strong upside. This 3-unit multifamily offers a rare blend of stability and opportunity: two units are fully renovated, with one currently leased at $1,800/month to a long-term tenant (nearly 2 years) with 6+ months remaining on the lease, and one renovated unit rent-ready for immediate placement. The third (largest) unit is in progress, giving the next owner a clear path to increase rents and overall value once completed. Priced with the renovation upside in mind—ideal for an investor looking to finish, stabilize, and either hold for cash flow or reposition for a flip.
For sale by owner
$435,000
2387 Sheridan Rd, Mount Dora, FL 32757
4beds
900sqft
Est.:
MultiFamily
Built in 1926
-- sqft lot
$-- Zestimate®
$483/sqft
$-- HOA
What's special
Newly renovatedWonderful citrus treesMaintenance free landscapingCeramic tile throughoutNew central hvac systemWalk in closetsNew kitchen and appliances
- 14 days |
- 712 |
- 28 |
Listed by:
Property Owner (407) 569-9372
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 900 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Wood, Metal
- Has view: Yes
- View description: None
Lot
- Size: 0.35 Acres
Details
- Parcel number: 251926110002301300
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Concrete Block
- Roof: Built-up
Condition
- New construction: No
- Year built: 1926
Community & HOA
Location
- Region: Mount Dora
Financial & listing details
- Price per square foot: $483/sqft
- Tax assessed value: $340,725
- Annual tax amount: $873
- Date on market: 2/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,396/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Listed for sale | $435,000+3.1%$483/sqft |
Source: Owner Report a problem | ||
| 4/27/2022 | Sold | $422,000-2.3%$469/sqft |
Source: Public Record Report a problem | ||
| 3/8/2022 | Pending sale | $432,000$480/sqft |
Source:  Stellar MLS #G5049995 Report a problem | ||
| 2/24/2022 | Listed for sale | $432,000$480/sqft |
Source: Stellar MLS #G5049995 Report a problem | ||
| 2/20/2022 | Pending sale | $432,000$480/sqft |
Source: Stellar MLS #G5049995 Report a problem | ||
| 1/8/2022 | Price change | $432,000-2.3%$480/sqft |
Source: Stellar MLS #G5049995 Report a problem | ||
| 12/18/2021 | Listed for sale | $442,000$491/sqft |
Source: Stellar MLS #G5049995 Report a problem | ||
| 12/17/2021 | Listing removed | -- |
Source: Stellar MLS #G5045772 Report a problem | ||
| 11/22/2021 | Price change | $442,000-0.7%$491/sqft |
Source: Stellar MLS #G5045772 Report a problem | ||
| 10/20/2021 | Price change | $445,000-0.4%$494/sqft |
Source: Stellar MLS #G5045772 Report a problem | ||
| 10/5/2021 | Listed for sale | $447,000$497/sqft |
Source: Stellar MLS #G5045772 Report a problem | ||
| 10/5/2021 | Pending sale | $447,000$497/sqft |
Source: Stellar MLS #G5045772 Report a problem | ||
| 9/16/2021 | Listed for sale | $447,000+16.1%$497/sqft |
Source: Stellar MLS #G5045772 Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/30/2020 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 5/13/2020 | Listed for rent | $1,100-26.7%$1/sqft |
Source: Owner Report a problem | ||
| 1/21/2020 | Listing removed | $1,500$2/sqft |
Source: DAVE LOWE REALTY, INC. #G5022367 Report a problem | ||
| 10/31/2019 | Listed for rent | $1,500+36.4%$2/sqft |
Source: DAVE LOWE REALTY, INC. #G5022367 Report a problem | ||
| 10/30/2019 | Listing removed | $385,000$428/sqft |
Source: DAVE LOWE REALTY, INC. #G5020931 Report a problem | ||
| 9/27/2019 | Price change | $385,000-2.5%$428/sqft |
Source: DAVE LOWE REALTY, INC. #G5020931 Report a problem | ||
| 6/18/2019 | Listed for sale | $395,000+558.3%$439/sqft |
Source: Owner Report a problem | ||
| 4/16/2019 | Listing removed | $1,100$1/sqft |
Source: DAVE LOWE REALTY, INC. #G5013015 Report a problem | ||
| 3/8/2019 | Listed for rent | $1,100$1/sqft |
Source: DAVE LOWE REALTY, INC. #G5013015 Report a problem | ||
| 1/19/2018 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 1/11/2018 | Listed for rent | $1,100-21.4%$1/sqft |
Source: Owner Report a problem | ||
| 6/21/2017 | Listing removed | $1,400$2/sqft |
Source: Owner Report a problem | ||
| 8/24/1995 | Sold | $60,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $873 +2.8% | $340,725 -0.1% |
| 2024 | $850 +29.4% | $341,072 +2.3% |
| 2023 | $656 -73.4% | $333,511 +61.9% |
| 2022 | $2,470 +11.4% | $205,980 +22% |
| 2021 | $2,216 +68.5% | $168,836 +43.7% |
| 2020 | $1,315 +1.8% | $117,487 +2.3% |
| 2019 | $1,292 +6.8% | $114,846 +1.9% |
| 2018 | $1,210 | $112,705 +5.2% |
| 2017 | $1,210 -15.3% | $107,139 +2.1% |
| 2016 | $1,428 +4.1% | $104,936 -15% |
| 2015 | $1,372 +36.9% | $123,416 +21.6% |
| 2014 | $1,003 +62.5% | $101,500 +1.5% |
| 2013 | $617 -45.4% | $100,000 +33.1% |
| 2012 | $1,130 -15% | $75,156 -15.1% |
| 2011 | $1,329 -13.5% | $88,541 -12.3% |
| 2010 | $1,537 +201.8% | $100,917 +50.4% |
| 2009 | $509 +0.2% | $67,121 +0.1% |
| 2008 | $508 +35.8% | $67,054 +35.3% |
| 2007 | $374 -2.6% | $49,554 +2.5% |
| 2006 | $384 +5.4% | $48,346 +3% |
| 2005 | $364 +6.2% | $46,938 |
| 2004 | $343 +0.8% | -- |
| 2003 | $340 +17.4% | $45,795 +4.9% |
| 2002 | $290 | $43,674 +1.6% |
| 2001 | $290 +5.7% | $42,987 +0.3% |
| 2000 | $274 | $42,861 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,649/mo
Principal & interest
$2076
Property taxes
$573
Climate risks
Neighborhood: 32757
Nearby schools
GreatSchools rating
- 2/10Triangle Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Mt. Dora Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Mt. Dora High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Triangle Elem
- Middle: Mount Dora Middle
- High: Mount Dora High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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