1502 High Street, LEESBURG, FL 34748
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Priced at Only: $588,999
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Address: 1502 High Street, LEESBURG, FL 34748
Property Location and Similar Properties
- MLS#: O6327068 ( Residential Income )
- Street Address: 1502 High Street
- Viewed: 1
- Price: $588,999
- Price sqft: $0
- Waterfront: No
- Year Built: 1910
- Bldg sqft: 0
- Days On Market: 6
- Additional Information
- Geolocation: 28.8131 / -81.89
- County: LAKE
- City: LEESBURG
- Zipcode: 34748
- Subdivision: Leesburg Archbell Sub
- Provided by: LEGENDS REAL ESTATE PROFESSIONALS, INC
- Contact: Samuel Maduro
- 407-801-9131
- DMCA Notice
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DescriptionPrime 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.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Other
- Living Area: 10883.00
- Roof: Metal
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: None
- Heating: None
- Sewer: Other
- Utilities: Other
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Interior Features: Other
- Legal Description: LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209
- Area Major: 34748 - Leesburg
- Parcel Number: 27-19-24-0200-002-01100
- Possession: Negotiable
- Zoning Code: R-2
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