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1611 Indian Trail

Leesburg, FL 34748

5 beds
3 baths
1,800 sqft
14,000 sqft lot
$158 per sqft
1945 build
– on site

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CASH COW ALERT! This property features 3 separate rental units. This first unit consists of 3 Bedrooms, 1 bathroom and is currently being rented for $2000/month. The second unit is 2 bedrooms, 1 bathroom and is currently being rented for $1400/month. The third unit is a studio pool house with kitchen and bath, and is rented for $1515/month. This investment is currently producing a 12% cap rate; well above the average 5% cap rate in Central Florida. It is located within easy access to major highways and major attractions. Don't miss this opportunity to own this unique property for only $290,000! Serious investors only. POF or Pre-Approval required prior to showing as it is FULLY OCCUPIED and don't want to bother tenants without serious interest. Showing by appointment only. Do not disturb tenants.

Listing courtesy of STELLAR_MLS / OPTIMA ONE REALTY, INC.

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# G5077658 —

The Building

Year Built:

1945
New Construction:

false
Construction Materials:

Wood Frame
Levels:

One
Roof:

Shingle
Foundation Details:

Crawlspace
Building Area Total:

1800
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Primary Bedroom Main Floor
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1800
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Heading Northbound on US Highway 27, turn right on Indian Trail. Property is on the right.
Latitude:

28.842443
Longitude:

-81.892155
Coordinates:

-81.892155, 28.842443

The Property

Parcel Number:

151924010000700100
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.32
Lot Size Area:

14000
Lot Size SqFt:

14000
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RM
Direction Faces:

West
View:

false
Exterior Features:

Lighting
Water Source:

Well
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12069C0309E
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

1
Tax Block:

007
Tax Legal Description:

INDIAN HILL LOTS 1, 2, BLK 7 PB 8 PG 28 ORB 5723 PG 2206
Tax Book Number:

8-28
Tax Annual Amount:

1520

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

The Community

Subdivision Name:

INDIAN HILL
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

In Ground
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$214/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
2/29/24 Feb 29, 2024	Sold	STELLAR_MLS	$285,000	-1.7%
1/30/24 Jan 30, 2024	Pending	STELLAR_MLS	$290,000
1/26/24 Jan 26, 2024	Listed / Active	STELLAR_MLS	$290,000	190.0% (71.8% / YR)

House Sold on 2/29/2024

$285,000

Listing provided by broker:

James Tucker

OPTIMA ONE REALTY, INC.

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Listing Courtesy of: STELLAR_MLS and OPTIMA ONE REALTY, INC..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1611 Indian Trail

Leesburg, FL 34748