1306 S 14TH STREET
Leesburg, FL, 34748 $ 899,000
Bedrooms-- Baths-- Sq 5,603 Monthly Estimate*
$ 5,535
for $899,000. This 5,603 square foot building was built in 1949 on a lot size of 0.58.
VALUE-ADD MOTEL OPPORTUNITY IN GROWING LEESBURG, FL! Rare opportunity to acquire the Candlelight Motel, a 13-room independent motel located on the high-visibility US-27 / S 14th St corridor with strong frontage exposure, daily traffic counts, and excellent accessibility. Property features approximately 5,603 SF situated on ~0.60 acres, multiple larger units, on-site parking, and an owner/manager apartment included on-site. Sale includes real estate, FF&E, motel name, goodwill, and operating assets. Ideal opportunity for an owner-operator, hospitality investor, or value-add buyer seeking upside through operational improvements, weekly rentals, repositioning, extended-stay use, or future redevelopment potential. Existing motel use already in place. Strategically located near Downtown Leesburg, Lake Harris, UF Health Leesburg Hospital, retail corridors, restaurants, and major Central Florida travel routes. Strong workforce and extended-stay demand support the area. Seller financing available for qualified buyers with acceptable terms. Property sold AS-IS. Buyers to independently verify all financials, zoning, licensing, occupancy, room count, and all due diligence information. DO NOT DISTURB OWNER OR GUESTS. SHOWINGS BY APPOINTMENT ONLY. CONTACT LISTING AGENT FOR DETAILS.
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FeaturesGeneralCooling Central Air Wall/Window Unit(s)
Zoning R-1
Construction Materials Block Brick Concrete
Year Built 1949
Property Subtype Hotel/Motel
Tax Year 2025
Ownership Fee Simple
County Lake
New Construction false
Property Type Commercial Sale
Subdivision Name LEESBURG FLORADEL
Status Active
Directions From US-27 / N 14th St in Leesburg head south on S 14th St. Property is located on the east side of the road near downtown Leesburg and minutes from Lake Harris UF Health Leesburg Hospital and major retail corridors.
City LEESBURG
Number Of Units Total 13
MLS Area 34748 - Leesburg
Lot Size Units Square Feet
Lot Size Square Feet 25144
Listing Terms Cash Owner May Carry
Tax Annual Amount 4298.11
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM724518
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 16
Legal Description LEESBURG FLORADEL LOTS 16 17 18 19 BLK C--LESS W 7 FT--PB 9 PG 15 ORB 1822 PG 0723 ORB 1873 PG 1628
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorFlooring Quarry Tile
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 25144
Foundation Details Block Brick/Mortar
Number of Buildings 1
Building Area Total 5603
Lot Dimensions 200 x 131
Lot Size Acres 0.58
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street Highway
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* Excluded FeaturesList ByFlorida Homes Realty & MortgageBroker
safaldesai@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,535
- Monthly Property Taxes
- $358
- 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.
Learn more about how to save NearbyCommerical listings in Leesburg, FL
Average List Price $1,345,988
Percent of Sale Price 50%
About Leesburg, FL 23,102 Population
19% Since 2002
$ 38,715 Median Income
44.51 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $899,000 | | Listed Price |