$196,000
2505 VELMA TERRACE, LEESBURG, FL 34748
Beds
3
Baths
1
Sq Ft
1,118 sq ft
Year Built
1982
Lot Size
0.21 acres
Garage
1
About This Property
Imagine 2505 Velma Ter, a residence where new flooring throughout the home and fresh interior paint present a renewed environment. The property further includes a new hvac system for year-round comfort, and double closets in the primary bedroom provide ample organized storage, alongside a pleasant patio for outdoor living. This move-in ready residence provides comfort, style, and practical living. Included 100-Day Home Warranty with buyer activation
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From US 27 and US 441. Head east on Thomas Ave. Turn left onto Virginia Dr and continue onto Merridale Ave. Turn right onto Velma Ter. The destination is on the right.
Location
2505 VELMA TERRACE, LEESBURG, FL 34748
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$196,000
Loan Term
How to Buy This Home
Multiple financing options available for this $196,000 home in LEESBURG.
🏛️
FHA Loan
$6,860 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$9,800 Down
Traditional financing. As low as 3-5% down with good credit.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 14, 2026.