Presented By: LEGENDS REAL ESTATE PROFESSIONALS, INC with 407-801-9131. -
MLS# O6326776
07/16/2025
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SQFT • 10,883
Home Details
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.
Presented By: LEGENDS REAL ESTATE PROFESSIONALS, INC with 407-801-9131. -
Interior Features for 1502 HIGH STREET
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NNo
Total Stories2
General for 1502 HIGH STREET
Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityleesburg
Construction Materialswood frame
Coolingnone
Countylake
Directionsfrom fl tpke
take the exit toward us-27n
keep right to continue toward us27n
merge onto us27n
left onto hugh st
destination will be on the right
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionleesburg archbell sub lot 11 blk 2 pb 10 pg 5 orb 6312 pg 209
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