Two-Bedroom Half-Duplex
202 FERNWOOD Street Leesburg, FL 34748
For Sale
$210,000
MULTI_FAMILY - LEESBURG, FL
Property Size1,045 SF
Lot Size0.11 Acres
Price / SF$200.96
Days on Market140
Property Features for 202 FERNWOOD Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Thermostat
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- APN
- 24-19-240400-000-01000
- Size
- 1,045 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Leesburg The Fernery Lot 10 PB 27 PGS 33-34 ORB 5720 PG 1080
- Tax Annual Amount
- 1926
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Metal Frame
- Roof type
- Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Ariel Vargas · License #3262518
(407) 558-5161
Added: Mar 9
Changed: Jul 23
Last Checked: Jul 26 at 1:06AM
MLS# O6388064
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 2-bedroom, 2-bath half-duplex offers a bright open layout with durable laminate flooring throughout. The kitchen includes an eat-in breakfast bar and a closet pantry, and the primary bedroom features two built-in closets for additional storage. Both bathrooms are set up for everyday use, with the primary bathroom offering a tub/shower combination. Off the living area, enjoy an 8x8 screened back porch plus a patio area surrounded by palm trees.
The property is located in Leesburg, Florida, near parks, hospitals, shopping, dining, and major roadways. It is listed as only 8 minutes from Leesburg International Airport, providing convenient access for residents or tenants.
A 1-car garage provides parking and storage as part of the home’s overall configuration.
The property is located in Leesburg, Florida, near parks, hospitals, shopping, dining, and major roadways. It is listed as only 8 minutes from Leesburg International Airport, providing convenient access for residents or tenants.
A 1-car garage provides parking and storage as part of the home’s overall configuration.
Key Highlights
- 2 bed, 2 bath half‑duplex with no HOA
- Open floorplan with laminate flooring throughout
- Kitchen includes eat‑in area/breakfast bar, closet pantry, and appliances: dishwasher, range, refrigerator
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.3k | $20.40 |
| − Vacancy | −$1.4k | −$1.35 |
| EGI | $19.9k | $19.05 |
| − OpEx | −$6.0k | −$5.72 |
| NOI | $13.9k | $13.34 |
1,045 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$199.1K
$174.2K – $232.3K
NOI $13,938 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$183.3K
$160.4K – $213.9K
NOI $12,833 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$297.4K
$260.2K – $346.9K
NOI $20,816 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - No HOA 2-bedroom, 2-bath half-duplex with laminate flooring, screened porch, patio, and a 1-car garage.
Where is this duplex located?
The property is located at 202 FERNWOOD Street Leesburg, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 2 bed, 2 bath half‑duplex with no HOA; Open floorplan with laminate flooring throughout; Kitchen includes eat‑in area/breakfast bar, closet pantry, and appliances: dishwasher, range, refrigerator
