1306 S 14th St, Leesburg, FL 34748 | For Sale

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For Sale $899,000 ($160.45 per Sq Ft)

$899,000 ($160.45 per Sq Ft)
  • (0)
  • 13 Units
  • 5,603 Sq Ft
  • 25,144 Sq Ft
  • Unknown Cap Rate

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $899,000
Property Type Hotel & Restaurants
Usable Sqft 5,603
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1949
Last Sold Unknown
Sold Price Unknown
APN # 351924010000C01600
MLS # OM724518
Property ID 316050844
Lot Sqft 25,144
Zoning R-1
Total Units 13
Days on Market 22
Original List Price $899,000
Date Updated May 29, 2026
Date Created May 11, 2026

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Safal Desai an agent of . Lic #3430719


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 29, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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