1318 Neely Drive, Leesburg, FL 34748

Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
1318 Neely Drive,Leesburg, FL 34748
$650,000
Virtual Tour
  • 14 Beds
  • 8 Baths
  • 4,618 sq. ft.
  • Multi-family
  • Pending
Listed by: tito urbano perez
Office: florida realty investments
MLS#:TB8416432
Source:MFRMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$140.75

About this home

Neely Drive Portfolio is a six-unit multifamily property located at 1318, 1325, 1324 and 1330 Neely Drive in Leesburg, Florida. Situated on 4.43 acres, the portfolio includes six single-story buildings totaling 4,618 square feet. Built between 1942 and 1956, the property features a low-density layout with a strong land-to-unit ratio and potential for future development or expansion. All units are individually metered for electric and water. The buildings are wood frame construction with shingle roofs. Three units have window A/C units, 2 units have mini-split A/C units and 1 unit has Central A/C. All roofs have been replaced within the last two years, reducing long-term capital expense exposure. Three of the six units located at 1318, 1320, and 1324 Neely Drive have been recently renovated, providing updated interiors and minimizing immediate maintenance needs. Located in Lake County, one of the fastest-growing regions in Central Florida, Leesburg offers a mix of affordability

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1946
  • Listing ID #:TB8416432
  • Added:107 day(s) ago
  • Updated:November 27, 2025 at 09:08 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:8
  • Living area:4,618 sq. ft.

Heating and cooling

  • Cooling:Ductless, Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1946
  • Building area:4,618 sq. ft.
  • Lot area:4.43 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$140.75
  • Tax amount:$1,581 (2024)
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Lifestyles Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Lifestyles Realty, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Stellar Mls. All rights reserved.

New listings near 1318 Neely Drive