Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
Address Not Provided
  • MLS#: G5093284 ( Residential Income )
  • Street Address: Address Not Provided
  • Viewed: 11
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal Front
  • Year Built: 1972
  • Bldg sqft: 0
  • Garage / Parking Spaces: 7
  • Days On Market: 13
  • Additional Information
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34788
  • Subdivision: 19251925
  • Provided by: CARLINO REAL ESTATE GROUP INC
  • Contact: Jonathan Martin
  • 352-326-2662
  • mfrmls
  • DMCA Notice
  • Description
    OWN YOUR OWN ISLAND. This unique property has endless potential. Situated in a canal off Haines Creek, this property is a private island with access to the Harris Chain of Lakes through Lake Eustis or Lake Griffin. The existing structures include a 1,900 sqft 3 bedroom 2 bath main house, 9 cottages, 5 mobile home lots with separate electric meters, 1 RV lot, 2 storage/multipurpose buildings, a laundry room, and a general store building. The property also boasts a private boat ramp, 10+ boat slips, and a 300 foot well. With potential for up to 16 long term rentals and space to add another building, this property offers diverse income opportunities. The current Hotel Motel license, which conveys with the sale, makes it ideal for short term vacation rentals, providing travelers with a peaceful and private retreat with easy access to the Harris Chain of Lakes. Additional income streams could include ramp fees, boat slip rentals, laundry fees, general store sales, boat rentals, and more. Located in Central Florida, Leesburg is approximately 50 miles from Orlando International Airport and less than a 2 hour drive from the beautiful beaches on either coast. Shopping and entertainment in Downtown Mount Dora and Leesburg are also just a short drive away. Properties like this are truly rare. Don't miss out on this incredible opportunity. Please do not enter property without an appointment.
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Features
Waterfront Description
  1. Canal Front
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 7.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Wall Units / Window Unit
Interior Features
  1. Ceiling Fans(s)
Legal Description
  1. TWO ARTIFICIAL ISLANDS IN SE 1/4 OF NW 1/4 COMPLETELY SURROUNDED BY CANAL ORB 786 PGS 1241 1242
Living Area
  1. 512.00
Area Major
  1. 34788 - Leesburg / Haines Creek
Net Operating Income
  1. 0.00
Parcel Number
  1. 12-19-25-0002-000-04800
Property Type
  1. Residential Income
Roof
  1. Metal
  2. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Township
  1. 19
Utilities
  1. Other
Views
  1. 11
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/G5093284
Water Source
  1. Well
Year Built
  1. 1972
Zoning Code
  1. C-1
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177