Under contract-accepting backup offers. Major price reduction, partners say sell….
Fantastic corner location. Across Terrell street is a very large new home development and across the HWY 441 is another large new development. The highest and best use would be multi family or commercial. You will have to go through the rezoning process. Great elevation with approx. 1,200 ft. of HWY frontage on North Orange Blossom Trail/HWY 441, with Mount Dora Address.
Owner will hold private mortgage with 30% down, 8% interest only for up to 3 years.
Title office will execute and record mortgage note.