listing
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Residential Income
$2,900,000
408 Ice Cream Road
Leesburg, FL 34748
Listed by: Morris Realty And Investments, (352) 435-4663
MLS: Stellar MLS
208Beds
202Baths
7,675Sq Ft
Est. Mortgage
$15,069/mo

18 UNIT INCOME PRODUCING WATERFRONT OPPORTUNITY! Pristine Florida Waterfront! This rare and unique property in beautiful Lake County Florida is loaded with potential. Sitting on approximately 4.3 acres of beautiful Harris Chain of Lakes water frontage, you cannot go wrong with this opportunity! The potential for waterfront activities and usage is endless with a large fishing dock, a lakeside gazebo with fish cleaning station, recreation area for outdoor activities, and more. The current cash flow is a great way to get this investment started on the right path with completely full units. There are 18 income producing properties currently, including four RV sites (with three RV's conveying), 13 cabins, and a main four bedroom house. YES - 18 income producing units currently, not to mention the potential for additional RV lots for even more income! There is a pool with restrooms that is currently not in use and needs refurbishing that would also allow for increased rents. Property also includes Alternate Key# 2757744 , with US HWY 441 highway frontage to allow for better signage and entrance.

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