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Property Description
VALUE-ADD MOTEL OPPORTUNITY IN GROWING LEESBURG, FL! Rare opportunity to acquire the Candlelight Motel, a 13-room independent motel located on the high-visibility US-27 / S 14th St corridor with strong frontage exposure, daily traffic counts, and excellent accessibility. Property features approximately 5,603 SF situated on ~0.60 acres, multiple larger units, on-site parking, and an owner/manager apartment included on-site. Sale includes real estate, FF&E, motel name, goodwill, and operating assets. Ideal opportunity for an owner-operator, hospitality investor, or value-add buyer seeking upside through operational improvements, weekly rentals, repositioning, extended-stay use, or future redevelopment potential. Existing motel use already in place. Strategically located near Downtown Leesburg, Lake Harris, UF Health Leesburg Hospital, retail corridors, restaurants, and major Central Florida travel routes. Strong workforce and extended-stay demand support the area. Seller financing available for qualified buyers with acceptable terms. Property sold AS-IS. Buyers to independently verify all financials, zoning, licensing, occupancy, room count, and all due diligence information. DO NOT DISTURB OWNER OR GUESTS. SHOWINGS BY APPOINTMENT ONLY. CONTACT LISTING AGENT FOR DETAILS.
Full Property Details
Full Property Details for 1306 S 14th St
General
- Price: $899,000
- Taxes: $4,298 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: OM724518
- Updated: 5/12/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Quarry Tile
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: LEESBURG FLORADEL
- Driving Directions: From US-27 / N 14th St in Leesburg, head south on S 14th St. Property is located on the east side of the road near downtown Leesburg and minutes from Lake Harris, UF Health Leesburg Hospital, and major retail corridors.
Community
- Community Name: 34748 - Leesburg
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Brick, Concrete
- Square Feet: 5,603
- Sq. Ft. Source: Public Records
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,144
- Lot Size: 25144
- Lot Dimensions: 200 x 131
- Frontage: City Street, Highway
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,298.11
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LEESBURG FLORADEL LOTS 16 17 18 19 BLK C--LESS W 7 FT--PB 9 PG 15 ORB 1822 PG 0723 ORB 1873 PG 1628
- Flood Zone Info: X
- APN: 351924010000C01600
- Property ID: 351924010000C01600
- Block/Lot/Section: 00C
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Schools
Schools serving 1306 S 14th St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 0.7 mi |
Oak Park Middle School 2101 South Street, Leesburg, FL 34748 | 6-8 | 0.7 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1306 S 14th St
Date
Details
Price
Change
Source
5/12/2026
Listed
$899,000
245.77%
MLS
5/16/2000
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1306 S 14th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,288
—
$238,960
1%
2024
$4,288
5%
$236,472
5%
2023
$4,080
9%
$226,019
9%
2022
$3,760
1%
$206,899
-2%
2021
$3,727
19%
$210,396
36%
2018
$3,126
-3%
$155,085
-3%
2017
$3,210
-1%
$159,112
—
2016
$3,256
-3%
$159,112
—
2015
$3,340
-2%
$159,112
-5%
2019
$3,410
12%
$168,185
6%
2014
$3,046
4%
$159,112
—
2013
$2,924
—
$159,112
—
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 1306 S 14th St
1306 S 14th Street, Leesburg, FL 34748 (MLS# OM724518) is a Commercial property. 1306 S 14th Street is currently listed for $899,000 and was received on May 12, 2026. Want to learn more about 1306 S 14th Street? Do you have questions about finding other Commercial real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

