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Property profile & analytics
OFF-MARKET
Multifamily properties

11325 Ocklawaha Dr Leesburg, FL 34788

12,700 SF 2 ac lot Built 1972
Property ID
US18-4832084
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1972
Total area 12,700 SF
Lot 2 ac (87,120 SF)
UPID US18-4832084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Haynes Creek Kayaking Area Canoeing Area
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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