For Sale $1,295,000 ($2,529.30 per Sq Ft)
$1,295,000 ($2,529.30 per Sq Ft)
- 10 Units
- 512 Sq Ft
- 87,120 Sq Ft
- Unknown Cap Rate
Description
OWN YOUR OWN ISLAND. This unique property has endless potential.
Situated in a canal off Haines Creek, this property is a private island with access to the Harris Chain of Lakes through Lake Eustis or Lake Griffin. The existing structures include a 1,900 sqft 3 bedroom 2 bath main house, 9 cottages, 5 mobile home lots with separate electric meters, 1 RV lot, 2 storage/multipurpose buildings, a laundry room, and a general store building. The property also boasts a private boat ramp, 10+ boat slips, and a 300 foot well. With potential for up to 16 long-term rentals and space to add another building, this property offers diverse income opportunities. The current Hotel-Motel license, which conveys with the sale, makes it ideal for short-term vacation rentals, providing travelers with a peaceful and private retreat with easy access to the Harris Chain of Lakes. Additional income streams could include ramp fees, boat slip rentals, laundry fees, general store sales, boat rentals, and more. Located in Central Florida, Leesburg is approximately 50 miles from Orlando International Airport and less than a 2-hour drive from the beautiful beaches on either coast. Shopping and entertainment in Downtown Mount Dora and Leesburg are also just a short drive away. Properties like this are truly rare. Don't miss out on this incredible opportunity. Please do not enter property without an appointment.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,295,000 |
| Property Type | Multi-Family |
| Usable Sqft | 512 |
| Number of Stories | 0 stories |
| Parking Spots | 7 spots |
| Year Built | 1972 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 121925000200004800 |
| MLS # | G5093284 |
| Property ID | 318830897 |
| Lot Sqft | 87,120 |
| Zoning | C-1 |
| Total Units | 10 |
| Days on Market | 28 |
| Original List Price | $1,295,000 |
| Date Updated | March 10, 2025 |
| Date Created | February 22, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jonathan Martin an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of March 10, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT