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298 Cypress Point Circle, Leesburg
$89,900
3 Beds ⋅ 2 Baths ⋅ 169201 MLS
Income-producing waterfront property with upside potential! This tenant-occupied 3BR/2BA home sits on approximately 0.61 acres along Kinchafoonee Creek and currently rents for $850/month to a long-term tenant of approximately 10 years. The current owner has intentionally kept rent below market value in consideration of the tenant's long occupancy, creating an opportunity for future income growth. Seller records reflect approximately $10,200 in annual gross rental income and nearly $9,000 in net operating income over the past year. The spacious floor plan features a large living room with vaulted ceilings and fireplace, an oversized kitchen addition with abundant cabinetry and counter space, a large mudroom/laundry room with separate exterior entrance, and a split-bedroom layout. The primary suite offers dual walk-in closets, double vanities, a garden tub, and separate shower. Additional features include a huge screened rear porch, covered front porch, concrete skirting, metal roof, and scenic frontage along Kinchafoonee Creek. While the home could benefit from cosmetic updates and some TLC, it presents a compelling value-add opportunity for investors seeking immediate cash flow with future upside. Similar properties in the area may support higher rental rates, particularly after improvements, allowing a new owner to potentially increase cash flow while building long-term equity. Affordable income-producing properties with waterfront features and proven rental history are increasingly difficult to find. Don't miss this opportunity.

298 Cypress Point Circle, Leesburg

150 Old Hickory Drive, Leesburg
$57,500
169949 MLS
Cypress Cove...West Lee County's premier subdivision! The development was created for those who seek a higher quality of life. This new community features a long gorgeous driveway that will lead you into what feels like a nature preserve. This development is located next to the Kinchafoonee Creek and will offer its home owners 28 acres of recreation area and nearly a half mile of creek access including picnic areas and a natural beach. All of the lots are spacious and have many mature tree.The Covenants require a minimum of 2000 sqft heated and cooled .There is public water and high speed internet available ....Cypress Cove is not just a beautiful neighborhood it's a lifestyle... Located only 2 minutes from Albany's shopping hub and only a few minutes to the Lee County schools. You will not find a more perfect location to call home!

150 Old Hickory Drive, Leesburg

127 Hidden Cove Lane, Leesburg
$53,500
170000 MLS
Cypress Cove...West Lee County's premier subdivision! The development was created for those who seek a higher quality of life. This new community features a long gorgeous driveway that will lead you into what feels like a nature preserve. This development is located next to the Kinchafoonee Creek and will offer its home owners 28 acres of recreation area and nearly a half mile of creek access including picnic areas and a natural beach. All of the lots are spacious and have many mature tree.The Covenants require a minimum of 2000 sqft heated and cooled .There is public water and high speed internet available ....Cypress Cove is not just a beautiful neighborhood it's a lifestyle... Located only 2 minutes from Albany's shopping hub and only a few minutes to the Lee County schools. You will not find a more perfect location to call home!

127 Hidden Cove Lane, Leesburg

105 Setter Ct, Leesburg
$39,500
170060 MLS
~ WEST LEE COUNTY ~ ESTABLISHED SUBDIVISION ~ QUIET CUL-DE-SAC LOT ~ 0.817 ACRE LOT ~ BUILD YOUR DREAM HOME in one of West Lee County's popular established subdivisions! This 0.817 ACRE residential lot is situated on a QUIET, SHORT CUL-DE-SAC STREET with only 4 lots and offers a great setting for your future home. LEE COUNTY WATER IS AVAILABLE, and a PRIVATE SEPTIC SYSTEM will be needed. Even better, a SOIL SURVEY AND PRELIMINARY SEPTIC APPROVAL ARE ALREADY IN PLACE, helping take some of the guesswork out of planning your new home! Enjoy the benefits of an established neighborhood while still having the opportunity to build a home designed just for you. OWNER FINANCING MAY BE AVAILABLE WITH ACCEPTABLE TERMS. GREAT LOCATION ~ GREAT LOT ~ GREAT OPPORTUNITY TO BUILD IN WEST LEE COUNTY!

105 Setter Ct, Leesburg