1502 HIGH STREET, Leesburg, FL 34748

  • $567,999
  • $579,999

Overview

Property ID: HZO6326776
  • Multi Family, Commercial Sale
  • Property Type
  • 11363 Sqft
  • Area Size

Description

Prime Investment Opportunity – Location, Location, Location!

Prime Value-Add Investment Opportunity in Central Florida! Located just 45 minutes from Orlando, this centrally positioned Leesburg asset is zoned by Lake County for 10 units, making it ideal for a multifamily conversion, co-living concept, or workforce housing development. Minutes from Downtown and UF Health Leesburg Hospital, the area offers strong tenant demand and long-term growth.

Full renovation required – estimated at $400,000, including updated floor plans, systems, and interiors. Projected After-Repair Value (ARV): $1,890,000, presenting a strong equity and cash flow play for savvy investors.

With flexible zoning, an undersupplied rental market, and rising demand, this is a rare chance to reposition a property for significant returns. Serious inquiries only – proceed with caution during showings.

  • Address: 1502 HIGH STREET
  • City: Leesburg
  • State/county: FL
  • Zip/Postal Code: 34748
  • Country: US

Details

Updated on September 25, 2025 at 12:11 am
  • Property ID HZO6326776
  • Price $567,999
  • Property Size 11363 Sqft
  • Land Area 0.64 Acres
  • Garage Size x x
  • Year Built 1910
  • Property Type Multi Family, Commercial Sale
  • Property Status Canceled

Additional details

  • Listing Terms Cash,Other
  • Roof Metal
  • Cooling None
  • County Lake
  • Property Type Commercial Sale

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Jamie Stevens

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