Discover an extraordinary investment opportunity with this unique property featuring two fully renovated rental units under one roof, generating a potential total of $3,000/month in stable rental income. Situated on a private 1/4-acre waterfront lot at the end of a tranquil cul-de-sac, this property offers modern updates, privacy, and excellent rental appeal. The first unit is a 1,149 sq ft double-wide mobile home with 3 bedrooms, 2 bathrooms, and a covered carport. The second unit is a 1,350 sq ft engineered frame home addition, featuring 3 bedrooms, 1 bathroom, laminate wood flooring, a modern kitchenette with a new refrigerator and stovetop, a ventless A/C unit, and a remodeled bathroom with washer/dryer hookup, available for $1,750/month. Both units have undergone extensive renovations, including new A/C units, updated electrical and plumbing, drywall, paint, privacy fence, gutters, and French drain. With a total of 2,499 sq ft of living space, this property offers canal frontage with a private boat slip leading to the Chain of Lakes, including Lake Eustis, making it perfect for water enthusiasts. The property is located in Leesburg, FL, just minutes from restaurants, grocery stores, parks, and schools, combining privacy with convenience. With no HOA fees, ample parking, and significant rental income potential, this property is a must-see for investors seeking a versatile and lucrative opportunity. Schedule your private tour today!
Directly next door to the Venetian Isle North Development Plan of 75,000 sqft. Consisting of Assisted Living, Retail and Commercial buildings. Walking Distance to the Venetian Isles Development of 138,000 sqft of commercial space including 252 Apartments and a 199 bed Assisted Living Facility LOCATION DESCRIPTION Leesburg, Florida, is a charming city located in Lake County, part of the Orlando-Kissimmee-Sanford Metropolitan area. Known for its picturesque landscapes and numerous lakes, Leesburg offers a blend of small-town charm and outdoor activities, including boating, fishing, and golf. Its historic downtown area features unique shops, restaurants, and cultural events, giving it a welcoming and laid-back atmosphere. With its central location, Leesburg serves as a gateway to both the natural beauty of Central Florida and the larger cities nearby, such as Orlando. One of Leesburg's key assets is the UF Health Leesburg Hospital, part of the University of Florida Health system. This hospital provides a range of medical services, including emergency care, surgery, and specialized treatments. It plays a crucial role in serving the healthcare needs of residents in Leesburg and surrounding areas, offering access to advanced medical technologies and a team of skilled professionals. The presence of the UF Health system elevates the city's healthcare standards, making it a reliable hub for medical care in the region.
Unlock incredible potential with this 12-unit apartment building, perfect for the savvy investor seeking to gain equity and add value. Ten of the units have already been beautifully gutted and renovated, while one is currently being updated and another is in the process of electrical improvements. Located in a prime area near the stunning chain of lakes and vibrant downtown Leesburg, this property offers the ideal blend of convenience and appeal. Don’t miss your chance to capitalize on this lucrative investment!
Very well maintained duplex in the historic district of Downtown Leesburg! Owned for over 30 years by the current owner with a great rental history. Each unit is a 2 bedroom 1 bath with a large inside utility room. Exterior painted in 2024, New roof in 2020, each unit has been totally renovated with laminate flooring in living areas and carpet in bedrooms. This property must be sold with the adjacent duplex, 1117 W. Line Street. It is identical to this duplex, see MLS #G5088743.
Very well maintained duplex in the historic district of Downtown Leesburg! Owned for over 30 years by the current owner with a great rental history. Each unit is a 2 bedroom 1 bath with a large inside utility room. Exterior painted in 2024, New roof in 2020, one unit has been totally renovated with laminate flooring in living areas and carpet in bedrooms. Other unit has had a long term tenant and in great condition. This property must be sold the the adjacent duplex, 1119 W. Line Street. It is identical to this duplex, see MLS #G5088745.
The median home value in Leesburg, FL is $290,000. This is lower than the county median home value of $358,200. The national median home value is $338,100. The average price of homes sold in Leesburg, FL is $290,000. Approximately 46.28% of Leesburg homes are owned, compared to 41.54% rented, while 12.17% are vacant. Leesburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Leesburg real estate agent to arrange a tour today!
Leesburg, Florida has a population of 26,242. Leesburg is less family-centric than the surrounding county with 17.16% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Leesburg, Florida is $37,350. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Leesburg is 42.9 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 51.2 inches per year, with 0 inches of snow per year.