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$565,000
14 Beds 8 Baths X SubDv. 34748 Zip Code
Neely Drive Portfolio is a six-unit multifamily property located at 1318, 1325, 1324 and 1330 Neely Drive in Leesburg, Florida. Situated on 4.43 acres, the portfolio includes six single-story buildings totaling 4,618 square feet. Built between 1942 and 1956, the property features a low-density layout with a strong land-to-unit ratio and potential for future development or expansion. All units are individually metered for electric and water. The buildings are wood frame construction with shingle roofs. Three units have window A/C units, 2 units have mini-split A/C units and 1 unit has Central A/C. All roofs have been replaced within the last two years, reducing long-term capital expense exposure. Three of the six units located at 1318, 1320, and 1324 Neely Drive have been recently renovated, providing updated interiors and minimizing immediate maintenance needs. Located in Lake County, one of the fastest-growing regions in Central Florida, Leesburg offers a mix of affordability and access to major economic centers. The area benefits from consistent population growth, a strengthening rental market, and proximity to employment hubs throughout the Orlando metro area. The Neely Drive Portfolio offers a compelling opportunity for investors seeking a stable asset with long-term upside in a growing Florida market.

1318 Neely Drive, Leesburg

$240,000
3 Beds 1 Baths X SubDv. 32784 Zip Code
Completely renovated and move-in ready! This charming 3-bedroom, 1-bath home located in Umatilla has been thoughtfully updated with modern finishes while maintaining its cozy appeal. Recent improvements include a brand-new metal roof, new windows, new AC system, new vinyl flooring throughout, updated tile bathroom, and a beautifully refreshed kitchen featuring brand-new cabinets. Step inside to find a bright and inviting interior with a functional floor plan, neutral finishes, and plenty of natural light. The updated flooring and fresh upgrades create a clean, modern atmosphere perfect for first-time homebuyers, downsizers, or investors looking for a turnkey opportunity. The kitchen offers ample cabinet space and a fresh contemporary look, while the renovated bathroom features stylish tile work and updated fixtures. Major system upgrades such as the new roof and AC provide peace of mind for years to come. Situated on a spacious lot in a quiet neighborhood, this property offers easy access to nearby parks, lakes, shopping, dining, and major roadways. Septic system. Whether you're looking for a primary residence or rental investment, this home is a fantastic opportunity. Schedule your private showing today

38611 Marshall Street, Umatilla