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$500,000
Listing Price2beds
2baths
4,356sqft
532sqft lot
643 W Oak Terrace Dr, Leesburg, FL 34748
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
4356
2
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
532
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Condo/apartment
Brick
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$775
$0
$38,546
--%
$38,546
2019
$765
$0
$38,546
--%
$38,546
2018
$754
$0
$38,546
--%
$38,546
2017
$702
$0
$35,547
--%
$35,547
2016
$712
$0
$35,547
--%
$35,547
2014
$659
$0
$0
--%
$34,428
2013
$620
$0
$0
--%
$33,736
2012
$1,128
$0
$0
--%
$60,909
Average Home Price in 34748
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$500,000
2 Beds
2 Baths
4,356 Sqft
532 Lot (sqft)
Sold 09/29/2026






