Love Life
643 Oak Terrace Drive B1,b2,b3,b, Leesburg, FL 34748
Request More Information
  • All fields are required.
  • MLS#: G5107035 ( ResidentialIncome )
  • Street Address: 643 Oak Terrace Drive B1,b2,b3,b
  • Viewed: 1
  • Price: $500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 80
  • 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
  • DMCA Notice
  • Description
    OWNER FINANCING AVAILABLE TO QUALIFIED BUYERS AT A 6% RATE. 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.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence
  • Living Area: 4356.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: PublicSewer
  • Utilities: MunicipalUtilities
Finance and Tax Information
  • Home Owners Association Fee: 1312.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: LEESBURG VILLAGE SQUARE OF LEESBURG CONDOMINIUM UNIT 3-B & 1/8 INT IN COMMON PROPERTY (ORB 714 PG 1076) ORB 4924 PG 324
  • Area Major: 34748 - Leesburg
  • Parcel Number: 23-19-24-1630-000-0030B
  • The Range: 0.00
  • Unit Number: B1, B2, B3, B4
  • Zoning Code: R-2
Headshot for Associate Dennis Dial
  1. The Dial Team
  2. Tropic Shores Realty
  3. Love Life
  4. Mobile: 561.201.4476
  5. dennisdialsells@gmail.com