Properties

Property Description

Owner financing available to qualified buyers. 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.

Features
: Central
: Central Air
: Shingle
: Fence
: Other
: Laundry Closet
R-2
Additional Information
$0
4
4
551 Sqft
4
$1,312
Monthly
: Block
17
North on Lee Street from the traffic light on U.S. Hwy 441 (North Blvd), to West Oak Terr Drive. Turn East on West Oak Terr Dr. Property on the right side.
: Slab
34748 - Leesburg
Active
23-19-24-1630-000-0030B
: Public Sewer
W
LEESBURG VILLAGE SQUARE LEESBURG CONDO
$1,068
2025
B1,B2,B3,B4
: Public
Click Here
24/01/2026 19:36:10
Listing Office
Jonathan Martin
MFR260504719
CARLINO REAL ESTATE GROUP INC
MFR260504855
Agent info
Carlino Group
1001 S. 14th St., Leesburg FL 34748
Contact Agent

Residential Income For sale

643 OAK TERRACE DRIVE, LEESBURG, FL

8 Bedrooms
4,356 Sqft
$500,000
Listing ID #MFRG5107035
Basic Details
Property Type : Residential Income
Listing Type : For sale
Listing ID : MFRG5107035
Price : $500,000
Bedrooms : 8
Square Footage : 4,356 Sqft
Year Built : 1980
Lot Size : 0.01 Acre
Property Sub Type : Quadruplex
Standard Status : Active