706 W Dixie Ave - Apartments FOR SALE


Leesburg, FL 34748
$2,375,000 USD
321-388-4394
706 W Dixie Ave, Leesburg, FL for Sale
$2,375,000 USD
Apartments - FOR SALE
1/4
null | 7.81% Cap Rate

706 W Dixie Ave
Leesburg, FL 34748


HIGHLIGHTS

  • Across from Venetian Gardens
  • Separately Parceled as Condos
  • New Roof in 2017

OVERVIEW

Welcome to Parkside Apartments, a package of 19 out of 30 condos in Leesburg, FL. This meticulously maintained property offers a lucrative investment opportunity with strong rental potential and an excellent location across from Venetian Gardens. The package includes 7 one-bedroom, one-bath units, 10 spacious two-bedroom, one-bath units, and 2 two-bedroom, one-bath townhouses for those seeking a more private, multi-level layout. With 63% ownership of the property, this offering also grants full control of the Homeowners Association (HOA). This level of ownership allows complete influence over property management decisions and day-to-day operations, ensuring that the owner has the authority to guide the community’s direction and maintain property standards.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$296 USD /SF

# OF UNITS

19

PRICE/UNIT

$125,000

CAP RATE

7.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,868 SF

ZONING

-

APN/PARCEL ID

26-19-24-3150-000-00000,26-19-24-3150-000-02200,26-19-24-3150-000-02300

ASK ABOUT THIS PROPERTY

Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

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Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.