643 Oak Terrace Drive B1,b2,b3,b, LEESBURG, FL 34748
  • MLS#: G5107035 ( Residential Income )
  • Street Address: 643 Oak Terrace Drive B1,b2,b3,b
  • Viewed: 12
  • Price: $500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.8188 / -81.878
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Subdivision: Leesburg Village Square Leesbu
  • Provided by: CARLINO REAL ESTATE GROUP INC
  • Contact: Jonathan Martin
  • 352-326-2662
  • mfrmls
  • DMCA Notice
  • Description
    Excellent investment opportunity in one of Florida's fastest growing counties! This well established, income producing property includes four 2BR/2BA condos (approx. 1,089 sq. ft. each). The units feature a spacious split bedroom floor plan, private screened patios, and in unit washer/dryer hookups. The HOA provides low maintenance ownership covering exterior walls and roof maintenance, lawn care, and common area insurance. Each unit is assigned an onsite parking space and there are 4 open unassigned spaces. The property location is a significant asset, benefiting from its proximity to Beacon College, UF Hospital, public transportation and historic downtown Leesburg where residents can enjoy local restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris. Lake County ranks as one of Florida's most rapidly expanding counties, with considerable population growth in recent years that has increased the need for rental units and affordable housing. This is an excellent opportunity for an investor seeking consistent rental income from all four units or an owner occupant looking to live in one unit and receive income from the remaining three units. Don't miss this turnkey multi unit opportunity.
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Features
Home Owners Association Fee
  1. 1312.00
Association Name
  1. Villages Square Of Leesburg Co
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. LEESBURG VILLAGE SQUARE OF LEESBURG CONDOMINIUM UNIT 3-B & 1/8 INT IN COMMON PROPERTY (ORB 714 PG 1076) ORB 4924 PG 324
Living Area
  1. 4356.00
Area Major
  1. 34748 - Leesburg
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 23-19-24-1630-000-0030B
Pets Allowed
  1. Yes
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. Electricity
  2. Water
Township
  1. 19
Unit Number
  1. B1
  2. B2
  3. B3
  4. B4
Utilities
  1. Public
Views
  1. 12
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/G5107035
Water Source
  1. Public
Year Built
  1. 1980
Zoning Code
  1. R-2
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