Property

LEESBURG, FL 34748 1502 HIGH STREET

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Presented By: EQUITYPRO LLC with 407-203-6860. - 407-203-6860
  • MLS# O6355283
  • 10/24/2025
  • Request Tour
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  • SQFT • 10,883

Home Details

Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns. A complete renovation, estimated at $400,000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor plans, and modern interiors. While this project will require significant work, it presents an opportunity for incredible returns, with an After-Repair Value (ARV) of $1,700,000. This property is a fantastic opportunity to provide value for tenants in a location where demand is strong. Don't miss out on this chance to create affordable and comfortable housing for 10 families. Contact your EquityPro Advisor today.
Presented By: EQUITYPRO LLC with 407-203-6860. - 407-203-6860

Interior Features for 1502 HIGH STREET

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NNo
Fireplace Y/NNo
Flooringhardwood
Heating Y/NNo
Interior Amenitiesninguno
Laundry Featuresnone

General for 1502 HIGH STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Cityleesburg
Construction Materialswood frame
Coolingnone
Countylake
Directionsfrom fl tpke take the exit toward us 27n merge onto us27n left onto high st destination will be on the right
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingnone
Land Lease Y/NNo
Legal Descriptionleesburg archbell sub lot 11 blk 2 pb 10 pg 5 orb 6312 pg 209
Listing Termscash
Living Area Unitssquare feet
Lot Size Square Feet27860
Lot Size Unitssquare feet
MLS Area34748 - leesburg
New ConstructionNo
Number Of Units Total9
Ownershipfee simple
Possessionclose of escrow
Property Conditionfixer
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameleesburg archbell sub
Tax Annual Amount3357.31
Tax Lot11
Tax Year2024
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1910
Zoningr-2

Exterior for 1502 HIGH STREET

Building Area Total11363
Exterior Amenitiesother
Foundation Detailsslab
Lot Dimensions140 x 199
Lot Size Acres0.64
Lot Size Area27860
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Desiree Carlson

REALTOR®
Price $459,900
MLS#O6355283
List Date 10/24/2025
Property Type Income
Phone 541.743.1985
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