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    Leesburg Quadruplex Investment Opportunity

    643 W OAK TERRACE DRIVE Leesburg, FL 34748

    Claim this Listing
    Pending
    $500,000

    Quadruplex - LEESBURG, FL

    Type:Quadruplex
    Property size:
    4,356 SF
    Lot size:
    0.01 Acres
    Added:
    Jan 24, 2026
    Days on Market:
    170
    Last Refresh:
    Jul 13 at 9:06 am

    Property Features for 643 W OAK TERRACE DRIVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Zoning
    R-2
    Bedrooms
    8
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Pets allowed
    Yes
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Pending
    APN
    23-19-24-1630-000-0030B
    Size
    4,356 SF
    Lot size
    0.01 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1068
    Expense value
    1312
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    4
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    Listing agent Jonathan Martin License #3402836

    Listing office CARLINO REAL ESTATE GROUP INC 1001 S 14th Street, Leesburg, FL

    Listing date Jan 24, 2026

    MLS# G5107035 Listing URL

    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 income-producing property features four 2-bedroom, 2-bathroom condos, each approximately 1,089 square feet. The units include a split-bedroom floor plan, private screened patios, and in-unit washer/dryer hookups. The Homeowners Association (HOA) provides low-maintenance ownership, covering exterior walls and roof maintenance, lawn care, and common area insurance. Each unit has an assigned on-site parking space, with an additional four open, unassigned spaces available. The property is zoned R-2 and is located near Beacon College, UF Hospital, public transportation, and historic downtown Leesburg, offering residents access to local restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris. This property is located in Lake County, which is experiencing rapid population growth and an increased need for rental units and affordable housing. This property is suitable for investors seeking consistent rental income from all four units or for an owner-occupant looking to live in one unit and receive income from the remaining three units. The lot size is 0.01 acres.

    Key Highlights

    • Income‑producing property featuring four 2BR/2BA condos, perfect for immediate rental income.
    • Located in fast‑growing Lake County, Florida, suggesting strong rental demand.
    • Close to Beacon College, UF Hospital, public transportation, and historic downtown Leesburg.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Parking Lot & Garage Locksmith Catering Service Bakery Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store Pet Store & Service

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

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    FAQs

    What type of property is this?
    Quadplex - Income-producing quadruplex near Beacon College and historic downtown Leesburg.
    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: Income‑producing property featuring four 2BR/2BA condos, perfect for immediate rental income.; Located in fast‑growing Lake County, Florida, suggesting strong rental demand.; Close to Beacon College, UF Hospital, public transportation, and historic downtown Leesburg.
    Contact an agent
    (407) 443-5491
    We can help!
    Contact an agent
    Jonathan Martin
    Real Estate License ID: 3402836
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