1502 High Street, LEESBURG, FL 34748

Local realty services provided by:Better Homes and Gardens Real Estate Synergy
#1#2#3
1502 High Street,LEESBURG, FL 34748
$588,999
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  • - Beds
  • - Baths
  • 10,883 sq. ft.
  • Multi-family
  • Pending
Listed by:samuel maduro
Office:legends real estate professionals, inc
MLS#:O6327068
Source:MFRMLS

Price summary

  • Price:$588,999
  • Price per sq. ft.:$54.12

About this home

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.

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Home facts

  • Year built:1910
  • Listing Id #:O6327068
  • Added:42 day(s) ago
  • Updated:August 26, 2025 at 07:40 AM

Rooms and interior

  • Living area:10,883 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:1910
  • Building area:10,883 sq. ft.
  • Lot area:0.64 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$588,999
  • Price per sq. ft.:$54.12
  • Tax amount:$3,357 (2024)
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