Magnolia Inn Mount Dora

Price
$1,480,000

Rooms
6

Property Type
Bed & Breakfast

Location Type
town

Year Built
1926

Owners Quarters
Yes

Property Details

Award-Winning Bed & Breakfast in Historic Mount Dora, Florida

The Magnolia Inn Bed & Breakfast is an award-winning boutique hospitality business recognized as the #1 bed and breakfast in Mount Dora on TripAdvisor and a recipient of the prestigious Traveler’s Choice Award for 2025.

Located just two blocks from the vibrant historic downtown district, the inn offers guests convenient walkable access to antique shops, boutiques, waterfront dining, festivals, and year-round attractions that make Mount Dora one of Central Florida’s most popular small-town destinations.

Originally built in 1926, this charming Mediterranean-style estate delivers the classic “true bed and breakfast” experience, combining elegant accommodations, personalized service, and Southern hospitality. Guests enjoy beautifully appointed private guest rooms with en-suite bathrooms, comfortable king or queen beds, high-speed Wi-Fi, and modern amenities designed for both comfort and convenience.

The property also features inviting indoor and outdoor gathering spaces including a cozy living room with fireplace, relaxing patios, landscaped grounds, and tranquil seating areas where guests can unwind.

Highlights of the Opportunity

Established, award-winning boutique lodging business
Prime location within walking distance of historic downtown Mount Dora
Strong reputation and repeat guest clientele
Elegant accommodations with private bathrooms and modern amenities
Turnkey hospitality operation in a thriving tourist destination
Currently operated with 5 guest rental units, but licensed for 6 (one unit is being used for owners’ quarters); has the potential to add even more guest space with minor modifications.

This is a rare opportunity for an owner-operator to acquire a well-established and highly rated bed & breakfast in one of Florida’s most picturesque small towns. The Magnolia Inn combines historic charm, proven guest demand, and a premier location—creating an ideal lifestyle business with significant continued growth potential.

What's Special

Historic Destination
Walk to Restaurants
Gardens & Landscaping
Year Round Tourism
Shopping
Tourist Attractions

Broker/Consultant Information

Marilyn Bushnell | marilyn@marilynbushnell.com | 410-422-0013 | Website

Chuck Anderson | chuck@inns.forsale | 770-841-1410 | Website

Patrick Campbell | patrick@inns.forsale | 410-812-5069 | Website

FL Broker of Record: Town & Country Realty

Exterior Photos

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Public Area Photos

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Room Photos

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Owner's Quarters

Owners will enjoy two separate one bedroom, one bath spaces, one of which is a re-purposed guest unit that also has an additional sitting room. Both are sequestered from the main operating areas of the Inn.

In addition, there is a standalone gazebo is currently used as a quilt room for another private oasis and retreat which has power and HVAC…and the potential to become additional revenue generating or owner’s space.

Why Current Owners Love Living in the Area

Where do we start – there are a lot of different reasons.

Financial

To start with, Florida does not have state tax on earnings. In addition, there is currently a movement in the state legislature to reduce or remove real estate taxes on owner-occupied single-family homes.

City Activities

Mount Dora is known as the Festival City. There are more than two dozen festivals, mostly between October and March, that attract thousands of tourists.

Township

The city’s government is very serious about maintaining the quaintness of Mount Dora. Most of the stores and restaurants are mom and pop owned. The only franchise businesses in the historic downtown district are Foxtail Coffee and Spice and Tea Exchange. Mount Dora strives to retain its small-town flavor filled with friendly folks.

Location Details

Region: Southeast

Address: 347 East 3rd Avenue, Mount Dora, FL 32757

Strategically located midway between the I-75 and I-95 corridors, about 35 minutes from Orlando, just under 100 miles from Tampa and Gainesville, and still convenient to both Jacksonville and Miami, the inn benefits from strong year-round tourism demand while offering visitors a peaceful retreat from the bustle of the city.

Mount Dora is set in a section of Central Florida which is geographically known for small hills. The city sits on the side of Lake Dora with an elevation of 181 feet above the lake. For those who live in typically flat Florida, it’s a welcome change.