33737 SHADY ACRES RD, Leesburg, FL 34788
33737 SHADY ACRES RD, Leesburg, FL 34788
33737 SHADY ACRES RD, Leesburg, FL 34788
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Kathleen Comerford

Kathleen Comerford

+1(561) 419-5525
$1,799,000
Est. payment /mo
3,933 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,933 sqft

Price per Sqft $457

Subdivision 0001

MLS Listing ID G5119909

Construction Status Completed

HOA Y/N No

Year Built 1950

Annual Tax Amount $11,038

Lot Size 2.790 Acres

Acres 2.79

Lot Dimensions 300x437

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

OPERATING LAKEFRONT RESORT WITH EXPANSION OPPORTUNITY SEEKING OWNER-OPERATOR, INVESTOR, OR TIME-SENSITIVE 1031 EXCHANGE BUYER FOR THIS LAKE GRIFFIN & HARRIS CHAIN OF LAKES PROPERTY. A truly distinctive Central Florida investment where "Old Florida" meets a fully renovated hospitality property. "PROOF OF CONCEPT" and "ACTIVE REVENUE STREAMS" has been established. Originally operated as a fish traditional camp, this 2.79 acre property has been fully restored and updated. The current owner has invested over $1,000,000 in renovations & improvements. Set along the shores of Lake Griffin with over 600' of shoreline & full access to the Harris Chain, the property offers a rare combination of short & long-term lodging, boating storage and added potential income streams. Existing operations include an innkeeper/owner residence, (4) rental Bungalows, boat ramp/launch, boat slips/moorings, waterfront dock, retail store, 24'x 60' steel building, live bait shop & pump house. The Bungalows provide current income, while offering flexibility with a variety of operating models including short-term rentals, furnished monthly rentals, annual leases, or a combination. The property also includes a "fully approved" Conditional Use Permit allowing for the construction of (6) addl. rental Bungalows, creating a (10) unit resort once fully developed. Current cash-flow also includes rentals of the existing (15) covered & uncovered boatslips/moorings, along with boat, trailer & vehicle storage. The retail building offers an opportunity as either a future guest Bungalow, or as a boater-oriented retail store offering snacks, beverages, fishing gear & supplies, apparel, licenses & lake necessities. With approved permitting, the steel building could also be monetized as a marine mechanic's garage, boat & motor repairs, or vehicle & equipment storage. With the extensive lake frontage & dock access, the property could also become an event destination offering Live Entertainment, Weddings, Parties, Food Truck Service, etc. and only limited by your imagination & approved permitting. All of the above development opportunities can substantially increase the resort's lodging capacity & income potential. Most compelling is the flexibility the property offers to different types of buyers. The property's diversity creates a compelling opportunity for an owner-operator, boutique hospitality investor, boating/fishing enthusiast, or a 1031 Exchange Buyer. An owner-occupant could live in the innkeeper's residence while leasing the cottages, boatslips & other service. A hospitality operator could operate the Bungalows as a boutique Airbnb destination and rent out all the other facilities. An pure investor could combine short-term, furnished monthly's, along with annual rentals to balance revenue & occupancy. A developer could build-out the additional (6) Bungalows for expansion, while adding boating, storage, mechanic services & other income streams. This is far more than a small multi-unit property! It's a rare opportunity to acquire a "PROVEN CONCEPT" that delivers immediate & future income streams, direct lake frontage & chain access, boating infrastructure, an owner's residence, permitted expansion & immediate revenue streams upon acquisition. Properties offering this type of diversity and operating options are exceptionally difficult to find and or replicate. Call today for more info or to schedule a private showing.

Location

State FL

County Lake

Community 0001

Area 34788 - Leesburg / Haines Creek

Zoning CUP

Interior

Heating Central, Electric

Cooling Central Air, Mini-Split Unit(s)

Flooring Concrete, Laminate

Appliance Dryer, Refrigerator, Washer

Exterior

Parking Features Common, Ground Level, Lighted, RV Access/Parking

Utilities Available BB/HS Internet Capable, Natural Gas Available, Phone Available, Public, Underground Utilities, Water Connected

Waterfront Description Lake Privileges

View Y/N Yes

Water Access Yes

Water Access Desc Lake - Chain of Lakes

Roof Type Built-Up,Metal,Shingle

Exposure East

Building

Lot Description Oversized Lot, Riprarian Rights, Paved, Waterfront

Entry Level One

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Canal/Lake For Irrigation, Well

Structure Type Block,Metal Frame,Metal Siding,Stucco

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Other, Small Business Administration

Listing Terms Cash, Commercial Financing, Other, Small Business Administration

Special Listing Condition None

Read Less Info
Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Joel Bornstein ROCK SPRINGS REALTY, LLC
Kathleen Comerford
Kathleen Comerford

Team Leader | Broker Associate License ID: BK3455404

+1(561) 419-5525 | team@thecomerfordgroupfl.com

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