643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
643 W OAK TERRACE DR #B1,B2,B3,B4, Leesburg, FL 34748
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$ 500,000
Est. payment | /mo

8 Beds

8 Baths

4,356 SqFt


$ 500,000
Est. payment | /mo

8 Beds

8 Baths

4,356 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,356 sqft

Price per Sqft $114

Subdivision Leesburg Village Square Leesburg Condo

MLS Listing ID G5107035

Bedrooms 8

HOA Fees $1,312/mo

HOA Y/N Yes

Annual Recurring Fee 15744.0

Year Built 1980

Annual Tax Amount $1,068

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. 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.

Location

State FL

County Lake

Community Leesburg Village Square Leesburg Condo

Area 34748 - Leesburg

Zoning R-2

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Closet

Exterior

Exterior Feature Fence

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $1, 312

Membership Fee Required Required

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5107035

Stellar MLS
Listed by Jonathan Martin CARLINO REAL ESTATE GROUP INC

Schools and Properties Nearby

Take a Closer Look

643 W OAK TERRACE DR #B1,B2,B3,B4

Angie went above and beyond as my realtor. We toured multiple houses together, and she truly listened to my opinions and adjusted to my needs. As a first-time home-buyer, I was initially very hesitant about the whole process, but Angie’s made the entire process manageable by communicating timely and objectively. She ensured I had all the information needed to make an informed decision and provided her own research and expertise during negotiations. I loved going through this process with her. I felt safe knowing she was on my side and looking out for my best interests. I recently closed on the perfect dream house for my mom, and after multiple tours, deep research, and late-night texts, we made it happen! Thank you so much, Angie! You saw my vision, believed in me, and worked with me to make this dream a reality. I appreciate you always communicating, respecting my work schedule, and bringing your expertise to the table. I never felt judged, and you made the entire process so much less stressful. I am so glad to have worked with you. I 100% recommend you! <3

Yesenia De Rosas

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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