Under contract-accepting backup offers. Check out this impeccably updated, move-in-ready gem in the heart of Mount Dora that allows SHORT TERM RENTALS, has no HOA, is zoned R-3 & is PRICED TO SELL! This adorable home blends modern upgrades with the charm and lifestyle Mount Dora is known for. Ideally situated just minutes from the historic Downtown Mount Dora lakefront district, you’ll love being close to its beloved cafs, festivals, boutique shopping, waterfront parks, and year-round community events. Quick access to US-441 also offers effortless commuting to Orlando while keeping you tucked inside one of Central Florida’s most picturesque small towns. Opportunities like this are incredibly rare in Mount Dora. Whether you're looking for a primary residence, a second home that pays for itself, or a short-term rental investment, this property gives you exceptional flexibility and income potential. The R-3 zoning district allows a wide range of residential uses that make this home not only a wonderful place to live but also a powerful investment opportunity. Some permitted uses include a single-family residence, duplex, triplex or quadplex potential, townhome-style configurations, and approved short-term rentals. Whether you're looking to live here full-time, house hack, expand your rental portfolio, or build long-term income, this zoning broadens your possibilities and future resale appeal. Step inside to find a bright and freshly updated interior, featuring brand-new interior paint and new carpet in all bedrooms for a clean, modern feel. The kitchen boasts a brand-new upgraded appliance package, perfect for everyday cooking and entertaining. The primary suite includes a new tile bathroom floor, and throughout the home you’ll find new interior blinds adding style and privacy. A fully fenced-in backyard offers the ideal outdoor retreat, perfect for pets, play, gardening, or hosting gatherings. It’s a private, versatile space to enjoy year-round. Additional upgrades include a freshly pressure-washed exterior, new water treatment system, new front door electronic lock system, a Ring camera for peace of mind, and more. With charming curb appeal, a spacious fenced yard, and thoughtful updates already completed, this home offers the perfect blend of comfort, convenience, flexibility, and Mount Dora living. Whether you're a first-time buyer, downsizing, adding to an investment portfolio, or seeking a well-maintained property near lakes, parks, and downtown entertainment, you’ll want to make this one yours. Homes in this location and condition are rare. Don’t miss your opportunity to call 1724 Dorset Drive home.