FL > Leesburg > Leesburg Archbell Sub
Leesburg, FL 34748,1502 HIGH ST
Leesburg, FL 34748,1502 HIGH ST
Leesburg, FL 34748,1502 HIGH ST
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$589,999
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10,883 SqFt
Active

1502 HIGH ST Leesburg, FL 34748

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Bent Danholm

Bent Danholm

+1(407) 288-0704

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,883 sqft

Price per Sqft $54

Subdivision Leesburg Archbell Sub

MLS Listing ID O6326776

HOA Y/N No

Year Built 1910

Annual Tax Amount $3,357

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 140x199

Property Sub-Type Multi Family

Source Stellar MLS

Property 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.

Location

State FL

County Lake

Community Leesburg Archbell Sub

Area 34748 - Leesburg

Zoning R-2

Interior

Cooling None

Exterior

Roof Type Metal

Building

Story 2

Foundation Crawlspace

Lot Size Range 1/2 to less than 1

Structure Type Frame

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6326776

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by LEGENDS REAL ESTATE PROFESSIONALS, INC

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agent

Bent Danholm

Broker | License ID: BK3590420

+1(407) 288-0704

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1502 HIGH ST

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