Getting your Trinity Audio player ready...
|
GMF Group acquired Mount Dora Estates in Mount Dora, Florida, on March 27, 2023, for a recorded price of $2,280,000. Located at 12 E. Main St., Mt Dora, FL 32757, the community includes 121 mobile home lots, two recreational vehicle lots, and 16 site-built units, for a total of 139 lots. Mount Dora Estates offers residents a cozy, welcoming refuge in a thriving small town famous for its Southern charm and arts scene.
At Mount Dora Estates, residents can settle in and enjoy life at a slower, more relaxing pace. Walk to the onsite clubhouse for parties and celebrations with friends, family, and neighbors, or meet up at the shuffleboard court for a leisurely game or two. Head to Lake Dora, a few minutes away, for boating and fishing, especially for largemouth bass, catfish, and speckled perch. A full-service marina offers boat rentals, dry and wet storage, cleaning, and sales.
The 28-square-mile lake is also home to one of the few lighthouses in Florida on a freshwater lake. Multiple other lakes in the area make Mount Dora an excellent home base for anyone who loves to be out on the water.
Sometimes called the “Festival City,” Mount Dora packs a big dose of excitement, community spirit, and fun into a small area. The town earned its nickname for its many festivals and celebrations, like the Scottish Highland Festival, nationally recognized Arts Festival, Craft Fair, Lighted Boat Parade, and many other events throughout the year. Mount Dora is also known for its picturesque downtown filled with antique shops, boutiques, and galleries—the perfect place to spend an afternoon hunting for vintage treasures and one-of-a-kind works of art. Nearby, the Modernism Museum showcases a fascinating collection of Modernist art and design, while the Mount Dora Center for the Arts offers exhibits and classes in a variety of mediums, from painting to glass art to pottery.
Nature lovers will also find plenty to do. At Palm Island Park, a preserve on Lake Dora, residents can picnic in the shade, fish from the pier, stroll on a boardwalk through a forested natural area, and catch sight of turtles and other wildlife. At Trimble Park, picnicking, camping, and hiking under ancient oaks and cypresses are popular activities. Meanwhile, golfers can pick from multiple courses, including Mount Dora Golf Club, sometimes billed as “the longest 5,700 yards in Florida,” and the Country Club of Mount Dora, with a course designed by master course architect Lloyd Clifton.
With its blend of historic charm, many community events, arts scene, and access to nature and recreation, Mount Dora offers something for everyone.
About GMF Group
Headquartered in Palm Beach, Florida, GMF Group is a US asset management firm that was founded by Gabriel Monfried and Matthew Forssman. GMF Group adopts an opportunistic approach to real estate investment by focusing on undercapitalized asset classes and markets.
Gabe Monfried co-founded GMF Group in 2021 and serves as the firm’s Managing Partner. During his time with the organization, Mr. Monfried has raised approximately $250 million in equity for GMF Group-affiliated real estate investment vehicles. Gabriel Monfried graduated from the University of Wisconsin-Madison where he majored in Finance, Investment, and Banking and served as the President of the Investment Banking Club and President of the Capital Management Club. While pursuing his undergraduate degree, Mr. Monfried served as a Private Wealth Management Summer Analyst at UBS, Semester Analyst at Rotunda Capital Partners, Hedge Fund and Proprietary Trading Summer Analyst at Guggenheim Partners, and Investment Banking Summer Analyst at Credit Suisse.
Matthew Forssman co-founded GMF Group in 2021 and also serves as the firm’s Managing Partner, having raised capital and expanded the company’s real estate investment portfolios. Mr. Forssman is an alumnus of Harvard College, where he served as President of the Harvard Investment Association, and graduated with a degree in economics. While pursuing his undergraduate degree, Mr. Forssman served as a Summer Analyst for Credit Suisse as well as an Investment Banking Summer Analyst at Bank of America Merrill Lynch.