1502 HIGH STREET Leesburg, FL $ 419,900
1502 HIGH STREET
$ 419,900
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1502 HIGH STREET

Leesburg, FL, 34748
$ 419,900
Baths0.0 Sq 10,883

Monthly Estimate*

$ 2,585

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1502 HIGH STREET, Leesburg, FL 34748 - Image 11
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Studio

Multi-Family Home for sale in Leesburg, FL

for $419,900. This 10,883 square foot home was built in 1910 on a lot size of 0.64.

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.

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Multi-Family Active

Price

$ 419,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,357

Style

Lot Size

0.64

Year Built

1910

Town/City

Leesburg

County/Region

Lake

MLS | Web ID

O6355283

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Public
Possession Close Of Escrow
Roof Shingle
Zoning R-2
Construction Materials Wood Frame
Year Built 1910
Tax Year 2024
Ownership Fee Simple
County Lake
New Construction false
Property Type Residential Income
Subdivision Name LEESBURG ARCHBELL SUB
Garage Y/N false
Status Active
Directions From Fl Tpke Take the exit toward US 27N Merge onto US27N Left onto High St Destination will be on the right
City LEESBURG
Senior Community Y/N false
Number Of Units Total 9
MLS Area 34748 - Leesburg
Lot Size Units Square Feet
Lot Size Square Feet 27860
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 3357.31
Property Condition Fixer
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6355283
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Legal Description LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
DockY/N false
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Interior
Interior Amenities Ninguno
Flooring Hardwood
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features None
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 27860
Foundation Details Slab
Number of Buildings 1
Building Area Total 11363
Lot Dimensions 140 x 199
Lot Size Acres 0.64
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Equitypro Llc

Broker

jonathan@equitypro.com

Email

Affordability Calculator

$2,865
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,585
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$419,900 -8.70% Price Down
12/19/2025$459,900 Listed Price

Map


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1502 HIGH STREET, Leesburg, FL, 34748 is a Multi-Family Home for sale at $419,900 with 10,883 sqft and a lot size of 0.64. 1502 HIGH STREET is a studio with 0.0 baths and was built in 1910. The property's zip code is 34748 which is in Leesburg, FL