1. Home
  2. Florida
  3. Lake Griffin

Excellent investment opportunity in one of Florida's fastest $500,000

643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748

8 br, 0.0 ba, 1980 4356 sf
Lake County
Ad #: 7182941

Townhome/Townhouse For Sale near Lake Griffin

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.

Property Details

  • Beds: 8
  • Baths: 0.0
  • Sq Feet: 4356
  • Year Built: 1980
  • Location: Lake Griffin
  • Acres: 0.010
  • County: Lake County
  • Community: LEESBURG VILLAGE SQUARE LEESBURG CONDO
  • Heat/AC: Central
  • Siding: Block
  • Roof: Shingle
  • Property Taxes: $1,068
  • MLS #: G5107035
  • Yearly HOA Fee: $15,744
  • Unit Number: B1,B2,B3,B4

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Listing Agent: Jonathan Martin, Carlino Real Estate Group, Inc., 407-443-5491, 352-326-2662 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Townhome/Townhouse For Sale in Leesburg, Florida
Ad Number : 7182941
Viewed: 12 times
Added: Jan 24, 2026
Updated on: Jan 24, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.