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Under contract
  • $500,000

    643 W OAK TERRACE DRIVE #B1,B2,B3,B4, LEESBURG, FL 34748

    8beds
    8baths
    4,356sqft
    : 
    $4,627/mo
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    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $1,312/mo HOA

    What's special

    Spacious split-bedroom floor planPrivate screened patios
    Under contract-accepting backup offers. Excellent investment opportunity in one of Florida's fastest growing counties! This well-established, income-producing property includes four 2BR/2BA condos (approx. 1,089 sq. ft. each). The units feature a spacious split-bedroom floor plan, private screened patios, and in-unit washer/dryer hookups. The HOA provides low-maintenance ownership covering exterior walls and roof maintenance, lawn care, and common area insurance. Each unit is assigned an onsite parking space and there are 4 open unassigned spaces. The property location is a significant asset, benefiting from its proximity to Beacon College, UF Hospital, public transportation and historic downtown Leesburg where residents can enjoy local restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris. Lake County ranks as one of Florida's most rapidly expanding counties, with considerable population growth in recent years that has increased the need for rental units and affordable housing. This is an excellent opportunity for an investor 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. Don't miss this turnkey multi-unit opportunity.
    189 days
    |
    49
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Martin 407-443-5491,

    CARLINO REAL ESTATE GROUP INC 352-326-2662

    Source: Stellar MLS,MLS#: G5107035MLS LogoOriginating MLS: Lake and Sumter

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Closet
      Features
      • Other
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,356 sqft
      Video & virtual tour

      Property

      Features
      • Fencing: Fenced
      Lot
      • Size: 551 Square Feet
      Details
      • Additional parcels included: Realtor Remarks
      • Parcel number: 23192416300000030B
      • Zoning: R-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: LEESBURG VILLAGE SQUARE LEESBURG CONDO
      HOA
      • Has HOA: Yes
      • HOA fee: $1,312 monthly
      • HOA name: Villages Square Of Leesburg Co
      Location
      • Region: Leesburg

      Financial & listing details

      • Price per square foot: $115/sqft
      • Annual tax amount: $1,068
      • Date on market: 1/24/2026
      • Cumulative days on market: 96 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Tenant pays: Electricity, Water
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Listing removed$500,000$115/sqft
        Source: Stellar MLS #G5107035 Report a problem
        5/14/2026Pending sale$500,000$115/sqft
        Source: Stellar MLS #G5107035 Report a problem
        4/14/2026Listed for sale$500,000$115/sqft
        Source: Stellar MLS #G5107035 Report a problem
        3/23/2026Pending sale$500,000$115/sqft
        Source: Stellar MLS #G5107035 Report a problem
        1/24/2026Listed for sale$500,000$115/sqft
        Source: Stellar MLS #G5107035 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34748

        Getting around

        51 / 100
        Somewhat Walkable
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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