1502 High Street, Leesburg, FL 34748

Local realty services provided by:ERA Advantage Realty, Inc.
1502 High Street,Leesburg, FL 34748
$515,000
Virtual Tour
  • - Beds
  • - Baths
  • 10,883 sq. ft.
  • Multi-family
  • Active
Listed by:navid rokh
Office:equitypro llc.
MLS#:O6355283
Source:MFRMLS

Price summary

  • Price:$515,000
  • Price per sq. ft.:$45.32

About this home

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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Home facts

  • Year built:1910
  • Listing ID #:O6355283
  • Added:7 day(s) ago
  • Updated:November 01, 2025 at 12:12 PM

Rooms and interior

  • Living area:10,883 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Building area:10,883 sq. ft.
  • Lot area:0.64 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$515,000
  • Price per sq. ft.:$45.32
  • Tax amount:$3,357 (2024)
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