1502 HIGH STREET, Leesburg, FL 34748
- $567,999
- $579,999
Overview
- Multi Family, Commercial Sale
- 11363 Sqft
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
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Address: 1502 HIGH STREET
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City: Leesburg
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State/county: FL
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Zip/Postal Code: 34748
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Country: US
Details
Updated on September 25, 2025 at 12:11 am-
Property ID HZO6326776
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Price $567,999
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Property Size 11363 Sqft
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Land Area 0.64 Acres
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Garage Size x x
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Year Built 1910
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Property Type Multi Family, Commercial Sale
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Property Status Canceled
Additional details
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Listing Terms Cash,Other
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Roof Metal
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Cooling None
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County Lake
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Property Type Commercial Sale
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