643 W OAK TERRACE DRIVE B1,B2,B3,B4 Leesburg, FL $ 500,000
643 W OAK TERRACE DRIVE B1,B2,B3,B4
$ 500,000
Recently Listed
Share Save

643 W OAK TERRACE DRIVE B1,B2,B3,B4

Leesburg, FL, 34748
$ 500,000
Bedrooms8 Baths8.0 Sq 4,356

Monthly Estimate*

$ 3,079

643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 1
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 2
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 3
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 4
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 5
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 6
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 7
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 8
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 9
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 10
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 11
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 12
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 13
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 14
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 15
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 16
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 17
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 18
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 19
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 20
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 21
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 22
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 23
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 24
643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL 34748 - Image 25
View a Virtual Tour

Multi-Family Home for sale in Leesburg, FL

for $500,000 with 8 bedrooms and 8 full baths. This 4,356 square foot home was built in 1980 on a lot size of 0.01.

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.

See more

Multi-Family Active

Price

$ 500,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 1,068

Style

Quadruplex

Lot Size

0.01

Year Built

1980

Town/City

Leesburg

County/Region

Lake

MLS | Web ID

G5107035

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Zoning R-2
HOA Fee 1312
Construction Materials Block
Pets Allowed Yes
Year Built 1980
Tenant Pays Electricity Water
Unit Number B1 B2 B3 B4
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 60900
Additional Parcels Description Realtor Remarks
Assoc Fee Paid Per Monthly
County Lake
New Construction false
Property Type Residential Income
Subdivision Name LEESBURG VILLAGE SQUARE LEESBURG CONDO
Garage Y/N false
Status Active
Directions North on Lee Street from the traffic light on U.S. Hwy 441 (North Blvd) to West Oak Terr Drive. Turn East on West Oak Terr Dr. Property on the right side.
City LEESBURG
Association Name Villages Square Of Leesburg Co
Senior Community Y/N false
Number Of Units Total 4
MLS Area 34748 - Leesburg
Lot Size Units Square Feet
Lot Size Square Feet 551
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1068
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5107035
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0030B
Legal Description LEESBURG VILLAGE SQUARE OF LEESBURG CONDOMINIUM UNIT 3-B & 1/8 INT IN COMMON PROPERTY (ORB 714 PG 1076) ORB 4924 PG 324
Water Access Y/N false
Monthly HOA Amount 1312
Water View Y/N false
Flood Zone Code X
See more
Interior
Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Total Bedrooms 8
Total Baths 8
See more
Exterior
Exterior Amenities Fenced
Water Source Public
Lot Size Area 551
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.01
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 4
See more
* Excluded Features
List By
Carlino Real Estate Group Inc

Broker

jmartinh2s@gmail.com

Email

Affordability Calculator

$3,168
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2026$500,000 Listed Price

Map


See all

643 W OAK TERRACE DRIVE B1,B2,B3,B4, Leesburg, FL, 34748 is a Multi-Family Home for sale at $500,000 with 4,356 sqft and a lot size of 0.01. 643 W OAK TERRACE DRIVE B1,B2,B3,B4 has 8 bedrooms, 8.0 baths, and was built in 1980. The property's zip code is 34748 which is in Leesburg, FL