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    643 W OAK TERRACE DRIVE Leesburg, FL 34748

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    For Sale
    $500,000

    Quadruplex - LEESBURG, FL

    Type:Quadruplex
    Property size:
    4,356 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $114/SF
    Added:
    Jan 24, 2026
    Days on Market:
    95
    Last Refresh:
    Apr 29 at 6:06 pm

    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
    Active
    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

    We can help!

    Listing Contact
    Jonathan Martin

    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.


    Overview

    Leesburg Quadruplex: Investment Opportunity

    This income-producing property features four condos, each with two bedrooms and two bathrooms, approximating 1,089 square feet. Each unit offers a split-bedroom floor plan, a private screened patio, and washer/dryer hookups. The Homeowner's Association (HOA) provides low-maintenance ownership, covering exterior wall and roof maintenance, lawn care, and common area insurance. Each unit is assigned an on-site parking space, supplemented by four open, unassigned spaces. The property is located near Beacon College, UF Hospital, public transportation, and historic downtown Leesburg, providing access to local restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris. The property is located in Lake County, which has experienced population growth, increasing the need for rental units and affordable housing. This property is suitable for investors seeking consistent rental income from all four units or an owner-occupant looking to live in one unit and receive income from the remaining three units. The zoning is R-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8779701
    Latitude
    28.8188258

    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: Owner financing available at 6% to qualified buyers.; Income‑producing property with four 2BR/2BA condos.; Located in Lake County, one of Florida's fastest‑growing counties.
    More about this property
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