Summary of 1502 High Street
1502 High Street is in LEESBURG, FL. This Residential Income property for sale is currently being offered at $515,000. Built in 1910, this Lake Residential Income property has been listed on RealtyInOrlando.com for 8 days. 1502 High Street is priced at $47.32 Per Square Foot, and is situated on 0.64 acres of land. Please contact your local Realtor® for more information on 1502 High Street, LEESBURG, FL 34748. Property Listing Reference: MLS number: O6355283.
About 1502 High Street
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.
Features of 1502 High Street
| MLS® # | O6355283 |
|---|---|
| Price | $515,000 |
| Square Footage | 10,883 |
| Acres | 0.64 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Taxes | $3,357 |
Community Information
| Address | 1502 High Street |
|---|---|
| Area | Leesburg |
| Subdivision | LEESBURG ARCHBELL SUB |
| City | LEESBURG |
| County | Lake |
| State | FL |
| Zip Code | 34748 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ninguno |
|---|---|
| Heating | None |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Other Information
| Date Listed | October 24th, 2025 |
|---|---|
| Days on Market | 8 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EQUITYPRO LLC |
|---|