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    2142 S Gleneagle Ter Lecanto, FL 34461

    For Sale
    $550,000

    MULTI_FAMILY - Other - Lecanto, FL

    Property size:
    3,556 SF
    Lot size:
    0.46 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 2142 S Gleneagle Ter

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    PSO
    APN
    3522468
    Parking features
    Driveway
    Interior features
    FirstFloorEntry
    Exterior features
    Landscaping, ConcreteDriveway
    Appliances
    Dishwasher, ElectricOven, ElectricRange, MicrowaveHoodFan, Microwave, Refrigerator
    Size
    3,556 SF
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central, Heat Pump (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2018
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Stucco
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Castro Realty and Property Management Inc. (352) 341-4663 [email protected]

    Listing agent Marguerite A Budnick (352) 228-0876 License #561554

    Listing date Nov 11, 2025

    MLS# 847414 Listing URL

    Copyright © 2025 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lecanto Duplex Investment Opportunity

    Available are one or two sets of duplex units constructed in 2018. Each unit features 3 bedrooms, 2 bathrooms, and a 2-car garage, with a living space of 1700 square feet. Interior features include granite countertops, soft-close cabinets, stainless steel appliances (range, refrigerator, microwave, and dishwasher), and luxury vinyl plank flooring. The property maintains a 100% occupancy rate. Current rental incomes are $1550 per month for two units, $1600 per month for one unit, and $1650 per month for another. Most tenants have occupied the units for over 5 years, with vacancies limited to a maximum of two weeks on only one occasion since the property's inception. The property, situated on a 0.46-acre lot, offers a total building size of 3556 square feet. The zoning is PSO. Intended uses include rental income or owner-occupancy with rental income. The property is located in Lecanto, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Building Supply Gym & Fitness Kitchen & Bath Storage Facility Garden Center Bakery Travel Agency Home Appliance Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.521186
    Latitude
    28.830933

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    FAQs

    What type of property is this?
    Duplex - Two 2018-built duplexes with 3-bedroom units and high occupancy.
    Where is this duplex located?
    The property is located at 2142 S Gleneagle Ter Lecanto, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - 100% Occupancy Rate with Strong Rental Income: Rents range from $1550 to $1650 per month.; - Low Vacancy History: Minimal vacancy since construction in 2018.; - Spacious Units: Each unit features 3 bedrooms, 2 bathrooms, a 2-car garage, and 1700 sq ft of living space.
    (352) 228-0876
    Request Owner's contact information
    2142 S Gleneagle Ter Lecanto, FL 34461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2142 S Gleneagle Ter Lecanto, FL 34461
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