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$459,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 9 Units
  • 0.64 Acres
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Under contract-accepting backup offers. 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.

Full Property Details for 1502 High St

General

  • Price: $459,900
  • Taxes: $3,357 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6355283
  • Updated: 12/27/2025
  • Added to Site: 85 day(s) ago

Interior

  • Interior Features: Ninguno
  • Flooring: Hardwood

Exterior

  • Exterior Features: Other

Location

  • Area: 34748 - Leesburg
  • County: Lake
  • Development Name: 34748 - Leesburg
  • Subdivision: LEESBURG ARCHBELL SUB
  • Driving Directions: From Fl Tpke Take the exit toward US 27N Merge onto US27N Left onto High St Destination will be on the right

Community

  • Community Name: 34748 - Leesburg

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Square Feet: 10,883
  • Sq. Ft. Source: Public Records
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.64
  • Lot Size (Sq. Ft.): 27,860
  • Lot Size: 27860
  • Lot Dimensions: 140 x 199
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $3,357.31
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209
  • Flood Zone Info: x
  • APN: 271924020000201100
  • Property ID: 271924020000201100
  • Block/Lot/Section: 2

Listed by Equitypro Llc

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Listing agent

— 1502 High St —

  • Equitypro Llc

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1502 High St

School District:Lake County School District
NameGradesDistance
Leesburg Elementary School
2229 South Street, Leesburg, FL 34748
PK-51 mi
Oak Park Middle School
2101 South Street, Leesburg, FL 34748
6-80.9 mi
Leesburg High School
1401 Yellow Jacket Way, Leesburg, FL 34748
9-120.4 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 1502 High St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$459,900
-7.09%
MLS
11/21/2025
Price Reduced
$495,000
-3.88%
MLS
10/24/2025
Listed
$515,000
66.13%
MLS
3/28/2024
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
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 for 1502 High St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,357
—
$247,366
95%
2024
$3,357
15%
$126,765
26%
2023
$2,922
138%
$100,783
206%
2022
$1,227
21%
$32,932
18%
2021
$1,011
-13%
$27,860
—
2019
$1,164
16%
$27,860
43%
2018
$1,005
—
$19,502
—
2017
$1,007
-14%
$19,502
-30%
2016
$1,166
-12%
$27,860
-29%
2015
$1,319
-75%
$39,004
-86%
2014
$5,244
4%
$273,895
—
2013
$5,034
—
$273,895
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Equitypro Llc

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1502 High Street, Leesburg, FL 34748 (MLS# O6355283) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 1502 High Street is currently listed for $459,900 and was received on October 24, 2025. Want to learn more about 1502 High Street? Do you have questions about finding other Multi-Family real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

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