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1321 HEIM ROAD
About This Property
This beautifully maintained home captures the timeless charm and craftsmanship of a bygone era, thoughtfully remodeled to perfection for modern living. Set on a lush, private ½-acre lot with approximately 80 feet of direct lake frontage, this property offers stunning views and an unmatched lakeside lifestyle.
Shaded by century-old oaks, the backyard is a true tropical paradise leading to a privately landscaped beach, deck, and cabana complete with water and electric - the ultimate setting for lakeside entertaining.
The welcoming front entry opens to historic character and warmth, featuring restored original heart pine floors, custom millwork, and abundant natural light. The updated kitchen boasts handcrafted cabinetry, quartz and butcher block countertops, stainless steel appliances, built-in oven and microwave, and a spacious center island with bar seating.
The main floor offers four spacious bedrooms, one-and-a-half baths, and open, light-filled living spaces with vaulted wood-beam ceilings, custom wrought-iron railings, built-ins, and a cozy wood-burning fireplace. The dining and family rooms open to the lakeside deck and patio overlooking lush gardens and breathtaking lake views.
The lower level features a luxurious primary suite retreat with a private outdoor entrance, huge custom walk-in closet, and a newly added ensuite bathroom with double sinks, soaking tub, and large walk-in shower. The unique full basement offers endless possibilities - ideal for a media room, recreation space, or home gym.
Additional features include a heated and cooled one-car garage, lake-fed irrigation system, 2019 hot water heater, 2013 roof, and septic system pumped and inspected in October 2025. A recent 4-point inspection is available upon request.
Enjoy all that coveted Lake Gertrude has to offer - from paddleboarding, skiing, and fishing to peaceful sunrise or sunset boat rides on its crystal-clear waters, or leisurely walks along the scenic promenade. Ideally located just minutes from Mount Dora's vibrant downtown, with its charming shops, fine dining, art galleries, parks, and year-round festivals - easily reached by stroll, bike, or golf cart. Experience the best of Mount Dora living in this rare Lake Gertrude gem - where timeless elegance meets lakeside luxury.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2026 | Price Decreased |
$1,600,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Jan 30, 2026 | Price Decreased |
$1,700,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by DAVE LOWE REALTY, INC. | $1,800,000 | |
| Listed by DAVE LOWE REALTY, INC. | |||
| Jun 6, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017