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

$500,000

Active Listing ID G5107035
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8 bed
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Lot: 0.01 Acres
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Quadruplex

$500,000

Active Listing ID G5107035
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643 W OAK TERRACE DRIVE B1, B2, B3, B4 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.

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Property Features

  • Facts
  • Lot Size: 0.01 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Fence
  • Roof Type: Shingle
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 500000
  • unparsedaddress: 643 W OAK TERRACE DRIVE
  • unitnumber: B1, B2, B3, B4
  • postalcity: LEESBURG
  • stateorprovince: FL
  • country: US
  • postalcode: 34748
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.01
  • lotsizeunits: Acres
  • lotsizearea: 0.01
  • livingarea: 4356
  • livingareaunits: Square Feet
  • latitude: 28.8188258
  • longitude: -81.87797008
  • listagentfullname: Jonathan Martin
  • listagentemail: jmartinh2s@gmail.com
  • listagentkey: 3yd-MFRMLSFL-260504719
  • listagentmlsid: 260504719
  • listagentpreferredphone: 4074435491
  • listagentofficephone: 3523262662
  • listofficekey: 3yd-MFRMLSFL-260504855
  • listagentstatelicense: 3402836
  • listofficemlsid: 260504855
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1980
  • listingcontractdate: 2026-01-24
  • listagenturl: http://Carlinogroup.com
  • countyorparish: Lake
  • parcelnumber: 23-19-24-1630-000-0030B
  • cooling: Central Air
  • constructionmaterials: Block
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • exteriorfeatures: Fence
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.87797, 28.818827
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Carlino Real Estate Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":1312}], "GeocodeOptions":null, "LeadRoutingEmail":"jmartinh2s@gmail.com", "ListBrokerageCity":"Leesburg", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jeff@carlinogroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Carlino Real Estate Group, Inc.", "ListBrokeragePhone":"(352) 326-2662", "ListBrokeragePostalCode":"34748", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1001 S. 14th Street", "ListBrokerageWebsiteUrl":"http://Carlinogroup.com", "ListOfficeAddress1":"1001 S 14th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Leesburg", "ListOfficeCountry":"US", "ListOfficeEmail":"jeff@CarlinoGroup.com", "ListOfficePostalCode":"34748", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - LEESBURG, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/643-W-Oak-Terrace-Dr-Apt-B1_Leesburg_FL_34748_M57730-31631?f=listhub&s=MFRMLSFL&m=G5107035&c=rexren", "MLSModificationTimestamp":"2026-01-24T17:27:10Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1068, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/25/2026 12:34:50 AM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Jonathan Martin, CARLINO REAL ESTATE GROUP INC, jmartinh2s@gmail.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.