500 Newell Hill Rd # 111D Leesburg FL 34748 MLS O6216626

$119,900

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Home Description: 500 Newell Hill Rd # 111D

Excellent rental income opportunity. This property allows rentals with no waiting period. This Beautiful condo is being sold at a discounted price due to the roofs needing to be repaired or replaced. This is an "as is" cash-only sale. Condo will not qualify for a conventional mortgage due to the roofs needing repairs or replacement. The current owner is willing to place $15,000 in escrow towards roof replacement loans or special assessments due to roof replacements only. (This amount will remain in escrow for 24 months after closing). Enjoy the epitome of affordable luxury in this charming 3-bedroom gem nestled in a serene Florida community. Fantastic amenities with a beautiful community pool and close to many fun outdoor activities. This spacious unit offers the perfect blend of comfort and style. For those aged 55 and older, enjoy resort-style living with access to a pool, clubhouse, shuffleboard, and conveniences like trash pickup, water, and basic cable—all included! Embrace a tranquil lifestyle where every day feels like a vacation. Don't miss out on this exceptional opportunity to call it yours!