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    Lecanto Multifamily Investment Opportunity Title is generated by Realmo AI

    2142 S Gleneagle Terrace, Lecanto, FL 34461

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    For Sale
    $499,000

    MULTI_FAMILY - Other - Lecanto, FL

    Property size:
    3,556 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $140/SF
    Added:
    Aug 28, 2025
    Days on Market:
    260
    Last Refresh:
    May 14 at 7:06 pm

    Property Features for 2142 S Gleneagle Terrace

    General Information

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

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    GIGURE SUBDIVISION PB 19 PG 131 PARCEL "A".
    Tax Annual Amount
    6494

    Utilities

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

    Building Details

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

    We can help!

    Listing Contact
    Marguerite A Budnick
    Marguerite A Budnick

    Listing agent Marguerite A Budnick License #561554

    Listing office Castro Realty & Property Manag 333 N Croft Ave, Inverness, FL

    Listing date Aug 28, 2025

    MLS# 847414 Listing URL

    Copyright © 2026 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.

    HighLights

    • 100% Occupancy Rate with strong rental income: Current leases generate $1550-$1650/month per unit.
    • Large Units: Each unit boasts 3 bedrooms, 2 baths, 2‑car garage, and 1700 sq ft of living space.
    • Low Maintenance: Property has a history of low repairs and minimal vacancy.
    • Modern Construction: Built in 2018, the duplex features desirable finishes.
    • Desirable Features: Granite countertops, soft‑close cabinets, stainless steel appliances, and luxury vinyl plank flooring.
    • Long‑Term Tenants: Majority of tenants have been in place for 5+ years.

    Overview

    Available are duplex units constructed in 2018, offered either as a single set for $499,000 or two sets for $998,000. 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, with rental incomes of $1550 per month for two units, $1600 per month for one unit, and $1650 per month for another. Most tenants have resided in the units for over five years, with minimal vacancy periods since the property's inception. The ongoing expenses include mortgage payments and lawn care. Water services are managed by the owner but paid for by the tenants. The property, situated on a 0.46-acre lot, presents an opportunity for either owner-occupancy with rental income or continued full rental operation. The property size is 3556 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Building Supply Gym & Fitness Center Kitchen & Bath Showroom 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

    FAQs

    What type of property is this?
    Duplex - 2018 duplex units with 100% occupancy.
    Where is this duplex located?
    The property is located at 2142 S Gleneagle Terrace Lecanto, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 100% Occupancy Rate with strong rental income: Current leases generate $1550-$1650/month per unit.; Large Units: Each unit boasts 3 bedrooms, 2 baths, 2‑car garage, and 1700 sq ft of living space.; Low Maintenance: Property has a history of low repairs and minimal vacancy.
    More about this property
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