Date
Details
Price
Change
Source
11/18/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/14
$599,000
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1/14
Property Description
Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. This building has multiple (4) very large offices (one used to be a conference room), a Storage room in front of a very large safe, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re-roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner-User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.
Full Property Details
Full Property Details for 1029 W Magnolia St
General
- Price: $599,000
- Taxes: $5,768 (2025)
- Status: Active
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: G5104665
- Updated: 12/5/2025
- Added to Site: 62 day(s) ago
Rental Information
- Complex Features: Bathrooms, Kitchen Facility, On Site Shower, Reception
Interior
- Flooring: Carpet
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: LEESBURG
- Driving Directions: Downtown Leesburg to Magnolia Street. Building is on the south side on the corner of Euclid and Magnolia.
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stone, Stucco
- Roof: Metal
- Square Feet: 2,968
- Year Built: 1977
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 16,929
- Lot Size: 16929
- Lot Dimensions: 152 x 106
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,768.93
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: LEESBURG E 1/2 OF LOT 1 BLK 31--LESS R/W OF MAGNOLIA ST--PB 2 PG 19 ORB 3922 PG 1882
- Flood Zone Info: X
- APN: 261924390003100101
- Property ID: 261924390003100101
- Block/Lot/Section: 31
Listed by Realteam Realty Inc.
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Listing agent
— 1029 W Magnolia St —
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Schools
Schools serving 1029 W Magnolia St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 1.2 mi |
Oak Park Middle School 2101 South Street, Leesburg, FL 34748 | 6-8 | 1.1 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1029 W Magnolia St
Tax History
Tax History for 1029 W Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,684
—
$346,007
2%
2024
$5,684
10%
$339,841
10%
2023
$5,144
5%
$310,098
8%
2022
$4,896
12%
$288,187
14%
2021
$4,383
5%
$253,172
14%
2018
$4,186
-5%
$222,484
-4%
2019
$4,404
9%
$230,948
8%
2017
$4,048
-2%
$214,019
—
2016
$4,110
-3%
$214,019
—
2015
$4,223
3%
$214,019
—
2014
$4,097
4%
$214,019
—
2013
$3,933
—
$214,019
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1029 W Magnolia St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
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- 1,876Sq. Ft.
Listed by Kat Gonzalez (407) 967-9755
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- Commercial Lease
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- 2Total Baths
- 1,040Sq. Ft.
Listed by Century 21 Alton Clark
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- Mobile Home
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,478Sq. Ft.
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- Active
- Updated 1 day ago
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- 2Total Baths
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- Active
- Updated 2 days ago
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- 2Total Baths
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Listed by Lokation
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 3Total Baths
- 2,075Sq. Ft.
Listed by Lpt Realty, Llc
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- Commercial
- Closed
Listed by Oxford Land Company
Sold by United Shares Real Estate Llc
Sold by United Shares Real Estate Llc
- Multi-Family
- Closed
- 6Units
- 4.43Acres
Listed by Florida Realty Investments
Sold by Stellar Non-Member Office
Sold by Stellar Non-Member Office
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,858Sq. Ft.
Listed by Reyes Real Estate Llc
Sold by Lpt Realty Llc
Sold by Lpt Realty Llc
- Office
- Closed
Listed and Sold by Grizzard Commercial Realestate
1029 W Magnolia Street, Leesburg, FL 34748 (MLS# G5104665) is a Office property. 1029 W Magnolia Street is currently listed for $599,000 and was received on November 18, 2025. Want to learn more about 1029 W Magnolia Street? Do you have questions about finding other Office real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.