$1,295,000
For Sale

Address Not Shown

Leesburg, FL 34788
14 beds | 2.00 acres | #G5093284
Browse 69 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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, 9 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 16 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.

  • Property Details
      • InteriorCeiling Fans(s)
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Sewer InformationSeptic Tank
      • Original List Price$1,295,000
      • Subdivision1925-1925
      • MLS #G5093284
      • MLS #G5093284
      • Taxes Annual$13,281
      • Cost1295000
      • Exterior MaterialsOther
      • Utility FeaturesOther
      • Year Built1972
      • FoundationSlab
      • Utility SourceWell
      • CountyLake
      • Bedrooms14
      • Days on Market (Cumulative)15
      • Acres2

Location

Renaissance Realty MainReal Estate Group

Interested in Purchasing Address Not Shown?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00