1306 S 14TH STREET Leesburg, FL $ 899,000
1306 S 14TH STREET
$ 899,000
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1306 S 14TH STREET

Leesburg, FL, 34748
$ 899,000
Bedrooms-- Baths-- Sq 5,603

Monthly Estimate*

$ 5,535

1306 S 14TH STREET, Leesburg, FL 34748 - Image 1
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1306 S 14TH STREET, Leesburg, FL 34748 - Image 7
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Commercial Property for sale in Leesburg, FL

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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Commercial Active

Price

$ 899,000

Property Type

Commercial

Taxes

$ 4,298

Style

Hotel/Motel

Lot Size

0.58

Year Built

1949

Town/City

Leesburg

County/Region

Lake

MLS | Web ID

OM724518

Features
General
Cooling 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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Interior
Flooring Quarry Tile
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot 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 Features
List By
Florida Homes Realty & Mortgage

Broker

safaldesai@gmail.com

Email

Affordability Calculator

$5,893
Per Month
94%
6%
0%
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$899,000 Listed Price

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1306 S 14TH STREET, Leesburg, FL, 34748 is a Commercial Property for sale at $899,000 with 5,603 sqft and a lot size of 0.58. 1306 S 14TH STREET was built in 1949. The property's zip code is 34748 which is in Leesburg, FL