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Heron Cay Bed & Breakfast 495 W Old Us Highway 441

8 Room Bed and Breakfast Mount Dora, FL 32757 $3,536,588 CAD ($442,073 CAD/Room)

Investment Highlights

  • Two blocks from downtown Mount Dora which attracts hundreds of thousands of visitors each year and has over 30 festivals annually.
  • Income producing.
  • Zoned R-3 prime for further development, 12 units per acre. The Inn counts as one unit.
  • Turnkey operation.

Executive Summary

The Heron Cay Bed & Breakfast sits on 2 acres of beautifully landscaped grounds overlooking Lake Dora. Only two blocks from downtown it is a superb location with shopping and the finest restaurants in Lake County just steps away. This property has the awesome potential to develop the site into a multi-family development or to continue or expand it as a B&B. It features a pool with spa, wrap around porch, 8 bedrooms, 8.5 bathrooms including lovely living quarters for the owners, over 7400 SQ FT Heated. This is a one of a kind Queen Anne Victorian Replica. Includes furniture and antiques in the oversized guest rooms. For the guests there is a parlor, game room and dining room. Six fireplaces through out with remote controls. Large kitchen, and laundry facilities with a commercial washer and dryer. This was the first B&B in Florida to earn the 4 Diamond AAA Award. This is the largest B&B in Mount Dora.

Property Facts

Price $3,536,588 CAD
Price Per Room $442,073 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class B
Lot Size 2.04 AC
Building Size 9,200 SF
No. Rooms 8
No. Stories 3
Year Built 1995
Parking Ratio 0.87/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 8 $343.03 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-19-27-0010-039-00002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,007,427 CAD

zoning

Zoning Code R-3 (This district is appropriate for the development and maintenance of high-density, multifamily residential environments. 12 units per acre.)
R-3 (This district is appropriate for the development and maintenance of high-density, multifamily residential environments. 12 units per acre.)
  • Listing ID: 23604129

  • Date on Market: 2021-07-06

  • Last Updated:

  • Address: 495 W Old Us Highway 441, Mount Dora, FL 32757

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