(undisclosed), Leesburg, FL 34788 - G5093284 - iPro Real Estate

(undisclosed)
Leesburg, FL 34788

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,295,000 $2,529.30 per sqft

Free Professional CMA

Listing ID : G5093284

  • Structure / Lot Size

    512 Sqft / 2 Acre
  • Year

    1972

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, 10 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 17 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.

Details

Type: Multi-Family/Income Sale 
Subdivision: 1925-1925 
MLS Area: 34788 - Leesburg / Haines Creek 
County: Lake 
Tax ID: 121925000200004800
Annual Taxes: $13,281
Net Operating Income: $2,060 
Days on Market: 1 
Cooling: Central Air, Wall/Window Unit(s) 
Exterior Features: Other 
Foundation: Slab 
Heating: Central, Wall Units / Window Unit 
Interior Features: Ceiling Fan(s) 
Laundry: Laundry Room 
Number of Buildings: 11 
Number of Units: 10 
Parking Spaces: 7 
Property Type: Commercial Sale 
Roof: Metal, Shingle 
Sub Type: Multi Family 
Utilities: Other 
Water Access: Canal - Freshwater, Lake - Chain of Lakes 
Water Extras: Boat Ramp - Private 
Water View: Canal, Lake - Chain of Lakes 
Zoning: C-1 

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28.853922 -81.768761 $1,295,000 G5093284
(undisclosed), Leesburg, FL 34788
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Listed by Jonathan Martin with CARLINO REAL ESTATE GROUP INC