PUD-Zoned Duplex with Private
New
For Sale
$295,000
26942 WHITE PLAINS Way, Leesburg, FL 34748
Residential, LEESBURG, FL
Property Size1,378 SF
Lot Size0.10 Acres
Price / SF$214.08
Days on Market2
Property Features for 26942 WHITE PLAINS Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bedroom 2, Den, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Open
Security features
Security
Patio and Porch features
Porch
Pets allowed
Cats OK, Dogs OK
Pool private
1
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
Exterior features
Dog Run, Sidewalk, Tennis Court(s)
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Subdivision
LEESBURG ARLINGTON RIDGE PH 1-C
Elementary school
Leesburg Elementary
Middle school
Oak Park Middle
High school
Leesburg High
Directions
From intersection of Rt. Citizens Blvd & Rt. 27, take Rt. 27 South, turn R. onto Arlington Ridge Blvd, Stop at guard shack, continue onto Arlington Ridge Blvd, turn R. onto White Plains Way, home is around the curve on the Left. Or:- Hwy 27 south of Leesburg to entrance to Arlington Ridge turn R. onto White Plains Way, home is around the curve on the Left
Standard status
Active
APN
14-20-24-0017-000-71500
Size
1,378 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ARLINGTON RIDGE PHASE I-C PB 60 PG 10-13 LOT 715 ORB 6314 PG 664
Tax Annual Amount
6856
Legal Description
ARLINGTON RIDGE PHASE I-C PB 60 PG 10-13 LOT 715 ORB 6314 PG 664
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
guard-gated
golf course
driving range
putting greens
tennis courts
pickleball courts
fitness center
heated swimming pools
hot tub
billiards room
restaurant
tavern
movie theater
golf-cart-friendly
sidewalks
bicycle paths
lawn service
exterior maintenance
Building Details
Year built
2017
Floors in Building
1
Flooring type
Laminate
Building materials
Block
Roof type
Shingle
Additional Structures
Kennel/Dog Run
Listing Agency:
OLYMPUS EXECUTIVE REALTY INC
(407) 469-0090
Listed By:
Noel Martin · License #3426553
(407) 583-7854
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 8:06AM
MLS# O6447598
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.
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Investment Insights
Based on property information with market context.
This 1,378-square-foot duplex sits on a 0.1-acre lot and was built in 2017. Interior features include an open floor plan, a combined living and dining area, and laminate flooring. The property has a private pool, porch, and open parking. Central air conditioning and electric central heat serve the home, and the structure is block construction with a shingle roof. Public water and sewer are available. Zoning is PUD.
The property is within a guard-gated 55+ community in Leesburg. Community amenities include an 18-hole golf course, driving range, putting greens, tennis and pickleball courts, a fitness center, heated pools, a hot tub, billiards room, restaurant and tavern, and movie theater. Golf-cart travel is accommodated, with sidewalks and low-speed-limit streets. Lawn service and exterior maintenance are included through the HOA; HOA approval and community deed restrictions apply.
The property is within a guard-gated 55+ community in Leesburg. Community amenities include an 18-hole golf course, driving range, putting greens, tennis and pickleball courts, a fitness center, heated pools, a hot tub, billiards room, restaurant and tavern, and movie theater. Golf-cart travel is accommodated, with sidewalks and low-speed-limit streets. Lawn service and exterior maintenance are included through the HOA; HOA approval and community deed restrictions apply.
Key Highlights
- 1,378‑square‑foot duplex on a 0.1‑acre lot
- Built in 2017; PUD zoning
- Private pool and porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,379
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,580
$367.6K
Cap Rate 7%
$262,557
$262.6K
Cap Rate 9%
$204,211
$204.2K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$28.1K $20.40/SF
− Vacancy
−$1.9K −$1.35/SF
EGI
$26.3K $19.05/SF
− OpEx
−$7.9K −$5.72/SF
NOI
$18.4K $13.34/SF
Area
Lake County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,580
Cap Rate 7%
$262,557
Cap Rate 9%
$204,211
Alternative Uses
Best Use
Multifamily LT 5
$262.6K
$229.7K – $306.3K
NOI $18,379 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$241.7K
$211.5K – $282.0K
NOI $16,922 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$392.1K
$343.1K – $457.5K
NOI $27,450 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 2017-built property combines an open floor plan with a private pool.
Where is this duplex located?
The property is located at 26942 WHITE PLAINS Way Leesburg, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,378‑square‑foot duplex on a 0.1‑acre lot; Built in 2017; PUD zoning; Private pool and porch
