643 W Oak Terrace Drive #B1,B2,B3,B4, Leesburg, FL 34748
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: jonathan martin
Office: carlino real estate group inc
MLS#:G5107035
Source:MFRMLS
Price summary
- Price:$500,000
- Price per sq. ft.:$114.78
- Monthly HOA dues:$1,312
About this home
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.
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Home facts
- Year built:1980
- Listing ID #:G5107035
- Added:19 day(s) ago
- Updated:February 13, 2026 at 01:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:4,356 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1980
- Building area:4,356 sq. ft.
- Lot area:0.01 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$114.78
- Tax amount:$1,068 (2025)
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