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Off market
    • $244,500

    221 Mike St, Leesburg, FL 34748

    4beds
    1,656sqft
    Quadruplex
    Built in 1959
    -- sqft lot
    $244,500 Zestimate®
    $148/sqft
    $1,293 Estimated rent

    Home value

    $244,500

    $215,000 - $274,000

    $1,293/mo

    Zestimate® history
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    What's special

    FULLY OCCUPIED QUADPLEX WITH PAYING TENANTS!! Perfect location near downtown Leesburg. These units are in HIGH DEMAND. Tremendous cash flow of $2,408/mo. Each unit is a 1/1 with full kitchen and bathroom. Tile floors, individual central A/C units and fresh paint. This CASH COW is truly future proof and ready to collect premium rent for updated condition. All four tenants are on 12-month leases and pay for all utilities, including electric, water and garbage. Do not disturb tenants.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Wall, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile
    • Basement: None
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,656 sqft

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Levels: One
    • Patio & porch: Deck, Covered, Rear Porch
    • Exterior features: Stucco
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,900 Square Feet
    • Dimensions: 50x98
    Details
    • Parcel number: 251924060000000700
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Foundation: Concrete Block
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: LEESBURG J W LEES
    Location
    • Region: Leesburg

    Financial & listing details

    • Price per square foot: $148/sqft
    • Tax assessed value: $85,308
    • Annual tax amount: $2,040
    • Lease term: 12 Months
    • Tenant pays: Electricity, Water, Sewer, Trash Collection

    Price history

    DateEventPrice
    10/2/2024Listing removed$275,000$166/sqft
    Source: Stellar MLS #O5966076 Report a problem
    10/2/2023Listing removed--
    Source: Stellar MLS #O5966076 Report a problem
    10/15/2021Sold$275,000$166/sqft
    Source: Public Record Report a problem
    8/18/2021Pending sale$275,000+71.9%$166/sqft
    Source: Stellar MLS #O5966076 Report a problem
    10/15/2020Listing removed$160,000$97/sqft
    Source: ALABAMA LLC #O5897823 Report a problem
    10/8/2020Listed for sale$160,000+135.8%$97/sqft
    Source: ALABAMA LLC #O5897823 Report a problem
    5/10/2019Sold$67,842-29.7%$41/sqft
    Source: Public Record Report a problem
    4/18/2006Sold$96,500$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,040 +0.5%$85,308
    2024$2,031 +2.3%$85,308 +2.4%
    2023$1,985 +13.2%$83,333
    2022$1,753 +20%$83,333 +28.6%
    2021$1,461 +4.3%$64,788 +10%
    2020$1,401 -13.8%$58,898 -22.5%
    2019$1,625 +1.3%$75,954
    2018$1,604 $75,954 +9.8%
    2017$1,604 +7.9%$69,198
    2016$1,487 -1.3%$69,198 +1.9%
    2015$1,507 +18%$67,893 +1.8%
    2014$1,277 -3.9%$66,707 -7.7%
    2013$1,329 -0.8%$72,294
    2012$1,340 -2%$72,294 -2.1%
    2011$1,367 -4.4%$73,835 -3.3%
    2010$1,429 -4.8%$76,326 -4.9%
    2009$1,502 -8.9%$80,279 -9%
    2008$1,648 -3.7%$88,189 -2.2%
    2007$1,712 +95.9%$90,165 +109.9%
    2006$874 +30.3%$42,954 +32.1%
    2005$670 +2.8%$32,526
    2004$652 -2.7%--
    2003$670 -0.1%$31,536
    2002$671 +7.3%$31,536 +2.4%
    2001$625 -2.2%$30,794
    2000$640 $30,794
    Find assessor info on the county website

    Neighborhood: 34748

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $244,500
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    Estimated market value
    $244,500

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