This one-of-a-kind property offers an incredible investment opportunity in highly sought-after Downtown Mount Dora! Situated on a spacious 100 x 130 ft R2-zoned lot, and located less than a mile from the picturesque historic district within the vibrant golf cart zone, this property is full of charm, flexibility, and income potential. Inside, you’ll find two bedrooms plus a versatile bonus room currently used as a dining space—perfect for entertaining. The home has been thoughtfully refreshed with stylish new flooring and an open-concept kitchen that creates a warm, inviting atmosphere. Beyond the privacy fence, there is a cement pad with an rv/camper hook-up offering a truly unique second rental or a family compound experience. This whimsical retreat includes a private fire pit for cozy evenings, a charming outdoor dining patio with BBQ space, and even a refreshing private outdoor shower. The concert pad has is public sewer, and an additional hookup is available for another RV, providing even more flexibility. The property also includes a newly constructed, fully permitted 12x24 storage building adding both functionality and convenience. With no HOA, you’ll enjoy the freedom to park your boat, and you’re just moments from Gilbert Park with a public boat ramp for days cruising through chain of lakes . Plus, you’re only a couple of blocks from the unique shops, dining, and charm that make Mount Dora one of the top towns to visit in the state of Florida. For future development, the R2 zoning offers exciting potential, allowing additional housing options once the lots are separated. Buyer is to do their due diligence.