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Presented by
Team AFA - Darien |
Leesburg, FL, 34788 | $1,295,000
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 2 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 includes a private boat ramp, 10+ boat slips, and a 300 foot well that provides water to the entire property. With potential for up to 16 rentals and space to add another building, this property offers diverse income opportunities. The property is ideal for short-term or long-term rentals. The secluded location provides tenants 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.
Features
- Bedrooms: 15
- Units: 13
- Laundry: Laundry Room
- Year Built: 1972
- Heating: Central, Wall Units / Window Unit
- Cooling: Central Air, Wall/Window Unit(s)
- Approx Sq. Feet: 7,339
- Acreage: 2.34
- Est. Taxes: $13,281
- MLS#: G5093284
- Days on Market: 262 days
- Website: https://www.raveis.com
/prop/G5093284/_leesburg_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Team AFA - DarienLuxury Properties Specialists
203.256.3264
Al@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Leesburg, FL, 34788
$1,295,000
Team AFA - Darien
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $1,107 | $1,107 | $1,107 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,964 | $6,211 | $8,673 |
| Total Monthly Payment | $7,196 | $7,443 | $9,905 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388