Irama Arjona

Agent | License ID: 3618709

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$ 59,990

Est. payment | -/mo

2 Beds

1 Bath

1,108 SqFt

$ 59,990

Est. payment | -/mo

2 Beds

1 Bath

1,108 SqFt

Key Details

Sold Price $59,990

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,108 sqft

Price per Sqft $54

MLS Listing ID G5112630

Sold Date 06/11/26

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1944

Annual Tax Amount $1,961

Lot Size 0.590 Acres

Acres 0.59

Lot Dimensions 100x255

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Don't miss this exceptional investment opportunity in the heart of Leesburg. Ideally situated just west of the intersection of US 27 and South Street (SR 44), this 0.58-acre parcel offers outstanding potential for redevelopment or new construction. Zoned “Medium Density Residential” by the City of Leesburg, the property currently allows for up to two dwelling units, making it an excellent opportunity for duplex development or income-producing residential housing. Positioned near major roadways and regional employment hubs, the location is highly desirable for tenants seeking convenience and accessibility. Existing nearby utility connections further enhance the property's development appeal and may help streamline the building process. The property currently includes an approximately 1,100-square-foot residence in poor condition with significant structural and functional deficiencies, making demolition a likely consideration for most investors. However, for the right buyer, this property presents strong upside potential and the opportunity for a relatively quick return on investment.
Motivated seller — priced to move. Contact us today for additional details and development potential.

Location

State FL

County Lake

Area 34748 - Leesburg

Zoning R-2

Interior

Interior Features Ninguno

Heating None

Cooling None

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry None

Exterior

Exterior Feature None, Other

Utilities Available Other, Water Available

Roof Type Metal,Other

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Other, Pillar/Post/Pier

Lot Size Range 1/2 to less than 1

Sewer None

Water None

Structure Type Other,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by Melissa Minner RE/MAX TITANIUM GROUP
Bought with Melissa Minner RE/MAX TITANIUM GROUP

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(407) 202-9703

arjonapropertiesfl@gmail.com

Orlando, FL, 32821, USA

Learn More About LPT Realty

2104 SOUTH ST Leesburg, FL 34748