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.
Sold for $285,000 on 02/29/24
$285,000
1611 Indian Trl, Leesburg, FL 34748
5beds
1,800sqft
Single Family Residence
Built in 1945
0.32 Acres Lot
$276,800 Zestimate®
$158/sqft
$2,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 29, 2024 at 05:18pm
Listing Provided by:
James Tucker 407-219-7089,
OPTIMA ONE REALTY, INC. 352-243-6784
Bought with:
Linda Jasmin Waugh, 3576293
DOWN HOME REALTY, LLLP
Source: Stellar MLS,MLS#: G5077658
Originating MLS: Lake and Sumter

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Washer
- Laundry: Inside
Features
- Primary Bedroom Main Floor
- Flooring: Carpet, Concrete, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 0.32 Acres
Details
- Parcel number: 151924010000700100
- Zoning: RM
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Location
- Region: Leesburg
- Subdivision: INDIAN HILL
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$276,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$276,800