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$1,799,000

Active

33737 Shady Acres Rd, Leesburg, FL 34788

3,933 sq ft

Listing courtesy of ROCK SPRINGS REALTY, LLC · MLS# G5119909

Listed today

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

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.

Facts

Property type
Multi-Family 5+
Year built
1950
Waterfront
Yes · 320 ft
Water access
Lake - Chain of Lakes
Water view
Yes
Exposure
East
Flood zone
X, AE
Annual taxes
$11,038/yr
Listed
Nov 6, 2026
MLS #
G5119909

Commercial details

Building & site

Building size
6,415 SF
Office / retail space
572 SF
Lot size
2.79 acres (121,532 SF)
Zoning
CUP
Ceiling height
10 to 15 Feet
Road frontage
300 ft · County Road
Buildings
9
Occupancy
Tenant-occupied
Building features
Bathrooms, Fencing, Kitchen Facility, Solid Surface Counter

Investor metrics

Price per SF (MLS)
$280.44/SF
Units
9

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

33737 Shady Acres Rd, Leesburg, FL 34788

Listing courtesy of ROCK SPRINGS REALTY, LLC · MLS# G5119909 · Active

How would you like to see it?
Which day?
What time of day?

In person · Fri, Nov 6 · Midday (12-3)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Nov 6, 2026, 1:32 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]