1502 High St, Leesburg, FL 34748 | Off-Market

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 9 Units
  • 10,883 Sq Ft
  • 27,860 Sq Ft
  • Unknown Cap Rate

Description

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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Owner

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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


The income description goes here to explain

Expenses

Property Details

List Price $389,900
Property Type Multi-Family
Usable Sqft 10,883
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1910
Last Sold Unknown
Sold Price Unknown
APN # 271924020000201100
MLS # O6355283
Property ID 322294646
Lot Sqft 27,860
Zoning R-2
Total Units 9
Date Updated April 24, 2026
Date Created October 24, 2025

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

Listing Provided By

Navid Rokh an agent of . Lic #3324657


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 24, 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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