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Leesburg,FL 34788
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 512 sqft
Price per Sqft $2,529
Subdivision 1925-1925
MLS Listing ID G5093284
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $13,281
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Multi-Family
Property 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.
Location
State FL
County Lake
Community 1925-1925
Zoning C-1
Interior
Interior Features Ceiling Fans(s)
Heating Central,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Fireplace true
Laundry Laundry Room
Exterior
Exterior Feature Other
Utilities Available Other
Waterfront Description Canal Front
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Freshwater,Lake - Chain of Lakes
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5093284