Tremendous upside opportunity with value-add potential in one of Central Florida’s most desirable lifestyle markets. This spacious 3-bedroom, 2.5-bath pool home offers 2,918 SF situated on a generous .42-acre lot with NO HOA in the highly sought-after Pine Crest neighborhood of Mount Dora.
Priced below county tax assessed value, this property presents an exceptional opportunity for investors, rehabbers, or end buyers looking to create significant equity through renovation and modernization. Pine Crest is known for its stronger charm premium, mature tree-lined streets, and limited housing supply, making renovated homes in the area highly desirable.
The strongest investment play here is a full renovation and resale strategy. The home will require a roof replacement, and there appears to have been prior roof damage resulting in water intrusion. Major mechanical improvement already completed with the home being re-piped in 2017.
Recommended updates include:
- Brand new flooring and baseboards throughout
- Full cosmetic modernization
- Kitchen and bathroom renovations
- Interior and exterior freshening
- Pool and backyard improvements to maximize Florida outdoor living appeal
The oversized lot and existing pool create the perfect foundation for a standout finished product in today’s market.
Located just minutes from Historic Downtown Mount Dora, known for its nationally recognized art festivals, seasonal events, antique shops, restaurants, waterfront atmosphere, and charming cafes. Demand for updated homes near downtown Mount Dora continues to remain strong due to the area’s unique small-town character and limited inventory.
Opportunities with this much square footage, lot size, location, and upside potential in Pine Crest rarely hit the market at this price point. Contact your EquityPro advisor today!