11325 Ocklawaha Dr Leesburg, FL 34788
This exceptional waterfront investment opportunity in Leesburg, Florida, encompasses a thriving 12,700 square foot multi-family complex situated on approximately 3.5 acres. The property boasts direct access to the Chain of Lakes, offering unparalleled privacy and stunning Florida views. The development includes eight waterfront cottages, a private residential dwelling, a marina office, a storage building, a combined laundry and storage building, ten boat slips, a boat ramp, one RV hookup, and four lots currently used for mobile home rentals. This presents a unique opportunity to generate income from thirteen separate sites. The property also includes a valid Hotel-Motel license, which will transfer to the new owner. Located on Ocklawaha Drive, this property offers convenient access to shopping and dining, while still maintaining a serene and secluded atmosphere. Boating enthusiasts will appreciate the direct access to the Chain of Lakes, with the possibility of boating all the way to the Atlantic Ocean. This turnkey operation is ready for a new owner to capitalize on its significant income potential and prime waterfront location. The two-acre lot provides ample space for expansion or further development. This is a rare chance to acquire a well-established and profitable waterfront business in a desirable Florida location.
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Haynes Creek Kayaking Area Canoeing Area
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.