706 West Dixie Avenue

Leesburg, FL 34748

$2,475,000
Price
31
Beds
14,760 Sq. Ft.
$168 / Sq. Ft.
14,760
Sq. Ft.
$168
per Sq. Ft.

Description

Welcome to Parkside Condos, 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...Welcome to Parkside Condos, 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.
  1. Listed by Tito Urbano Perez • FLORIDA REALTY INVESTMENTS

Property Details for 706 West Dixie Avenue

Subdivision Name
PARKSIDE
Township
19S
View
City
Waterfront
No
LISTING UPDATED: 11/23/2024 01:00 AM

Property Details for 706 West Dixie Avenue

StatusActive
MLS #TB8324091
Days on Market1
Taxes$17,605 / year
HOA Fees$36,240 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1969
Lot Size0.02 AC / 914 SF
CountyLake County

Building Information for 706 West Dixie Avenue

Stories-Residences19Year Built1969Building Size-Lot Size0.02 AC / 914 SF

Property Information for 706 West Dixie Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 14760.0
  • Building Area Units: Square Feet
  • Directions: Corner of West Dixie Ave and South 9th St in Leesburg, FL
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 706
  • Street Direction Prefix: W
  • Street Name: DIXIE
  • Street Suffix: AVENUE
  • State: FL
  • City: LEESBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Fee Requirement: Required
  • Association Name: Private
  • Association: Yes
  • CDD: No
  • Tax Block: 000
  • Tax Book Number: 816-2171
  • Tax Legal Description: LEESBURG PARKSIDE CONDOMINIUM UNIT 18 UNDIVIDED 1/30 INT IN COMMON ELEMENTS (ORB 816 PG 2171) ORB 1169 PG 1988 ORB 4242 PG 1770 ORB 5338 PG 150
  • Tax Lot: 18
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 26-19-24-3150-000-01000
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 14760
Property and Assessments
  • Year Built Numeric: 1969
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 24E
  • Public Survey Section: 26
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Exterior Features: Balcony, Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 31
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ninguno
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $88,205
  • Annual Net Income: $171,883.00
  • Est Annual Market Income: $88,205.00
  • Gross Income: $260,089
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 816
  • Unit Type Number Of Units Occupied 1: 10
  • Unit Type Pro Forma 1: 1300
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 10
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 680
  • Unit Type Number Of Units Occupied 2: 7
  • Unit Type Pro Forma 2: 1250
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 7
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Heated Sq Ft 3: 1056
  • Unit Type Number Of Units Occupied 3: 2
  • Unit Type Pro Forma 3: 1500
  • Unit Type Type 3: Multi-Level
  • Unit Type Units Total 3: 2
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 706 West Dixie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 706 West Dixie Avenue

This home is within Lake.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Leesburg Elementary School
PublicPK to 5

Oak Park Middle School
Public6 to 8

Leesburg High School
Public9 to 12

Lake Academy Leesburg
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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706 West Dixie Avenue is a multi-family home for sale in Leesburg, FL 34748. This property was listed for sale on November 22, 2024 by FLORIDA REALTY INVESTMENTS, it's currently listed at $2,475,000. This listing's school district is Lake. Nearby schools include Leesburg Elementary School, Oak Park Middle School and Leesburg High School. 706 West Dixie Avenue is a 31-bed, 0-bath, 14,760 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FLORIDA REALTY INVESTMENTS, Tito Urbano Perez

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/23/2024 01:00 AM