$1,295,000

Features:
  • 14 Bedrooms
  • 11 Bathrooms
  • 512 sq ft
Overview
  • ID: MFRG5093284
  • Bedrooms: 14
  • Bathrooms: 11
  • Size: 512 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,295,000
HOA Fee:
N/A
Tax Amount:
$13281
Price per SqFt:
$2529.3
Tax Legal Description:
TWO ARTIFICIAL ISLANDS IN SE 1/4 OF NW 1/4 COMPLETELY SURROUNDED BY CANAL ORB 786 PGS 1241 1242
Exterior Features
Lot Size:
87120
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
14
Bathrooms:
11
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1972
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
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