Four-Unit Condo
For Sale
Under Contract
$500,000
643 W OAK TERRACE Drive, Leesburg, FL 34748
Residential Income, LEESBURG, FL
Property Size4,356 SF
Lot Size0.01 Acres
Price / SF$114.78
Days on Market215
Property Features for 643 W OAK TERRACE Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-2
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 8, Bathroom 5, Bedroom 3, Bathroom 7
Pets allowed
Yes
Exterior features
Fence
Fencing
Fenced
Subdivision
LEESBURG VILLAGE SQUARE LEESBURG CONDO
Directions
North on Lee Street from the traffic light on U.S. Hwy 441 (North Blvd), to West Oak Terr Drive. Turn East on West Oak Terr Dr. Property on the right side.
Standard status
Active Under Contract
APN
23-19-24-1630-000-0030B
Size
4,356 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEESBURG VILLAGE SQUARE OF LEESBURG CONDOMINIUM UNIT 3-B & 1/8 INT IN COMMON PROPERTY (ORB 714 PG 1076) ORB 4924 PG 324
Tax Annual Amount
1068
Legal Description
LEESBURG VILLAGE SQUARE OF LEESBURG CONDOMINIUM UNIT 3-B & 1/8 INT IN COMMON PROPERTY (ORB 714 PG 1076) ORB 4924 PG 324
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private screened patios
in-unit washer/dryer hookups
Building Details
Year built
1980
Number of units
4
Building materials
Block
Roof type
Shingle
Listing Agency:
CARLINO REAL ESTATE GROUP INC
(352) 326-2662
Listed By:
Jonathan Martin · License #SL3402836
(407) 443-5491
Added: Jan 24
Changed: Aug 25
Last Checked: Aug 27 at 4:06PM
MLS# G5107035
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1980-built quadplex contains four 2BR/2BA condominium residences, each measuring approximately 1,089 square feet. The units feature split-bedroom layouts, private screened patios, and hookups for in-unit laundry. Block construction, shingle roofing, central heating, central air, public water, and public sewer serve the property. The site is fenced and includes assigned parking for each residence, along with four additional open spaces.
The property is located in Leesburg near Beacon College, UF Hospital, public transportation, and historic downtown Leesburg. Restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris are also identified in the surrounding area. R-2 zoning and the four-unit residential configuration provide a straightforward multifamily profile, while the HOA handles exterior wall and roof maintenance, lawn care, and common-area insurance.
The property is located in Leesburg near Beacon College, UF Hospital, public transportation, and historic downtown Leesburg. Restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris are also identified in the surrounding area. R-2 zoning and the four-unit residential configuration provide a straightforward multifamily profile, while the HOA handles exterior wall and roof maintenance, lawn care, and common-area insurance.
Key Highlights
- Four 2BR/2BA condo residences, approximately 1,089 square feet each
- 4,356‑square‑foot property built in 1980
- Each unit includes a split‑bedroom layout, screened patio, and washer/dryer hookups
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 34748, FL
45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences offer split-bedroom layouts, screened patios, and washer/dryer hookups within each unit.
Where is this quadplex located?
The property is located at 643 W OAK TERRACE Drive Leesburg, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four 2BR/2BA condo residences, approximately 1,089 square feet each; 4,356‑square‑foot property built in 1980; Each unit includes a split‑bedroom layout, screened patio, and washer/dryer hookups
