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$160,000 Just Listed
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Property Description
INVESTOR SPECIAL! Great opportunity to transform this 3-bedroom, 2-bath home into a standout property. Situated on a spacious corner lot with mature shade trees, this home offers a solid start for your next renovation project. A brand-new roof was installed in 2026, providing a valuable head start on improvements. The interior has already been taken down to the studs in key areas, with demolition complete and the kitchen and bathrooms gutted, making it ready for your vision and design selections. Whether you're looking for a fix-and-flip, rental investment, or a custom renovation project, this property offers endless potential. Conveniently located in Leesburg with easy access to shopping, dining, schools, and major roadways. Bring your creativity and make this diamond in the rough shine again!
Full Property Details
Full Property Details for 501 Lee St
General
- Price: $160,000
- Taxes: $587 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8508825
- Updated: 6/14/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ninguno
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Covered, Driveway
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: LEESBURG OAK PARK HOMESITES
- Driving Directions: North on Hwy 27, R on Main St., L on Lee st. Home on left.
- Direction Faces: South
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available
Structural Information
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,200
- Sq. Ft. Source: Public Records
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,217
- Lot Size: 16217
- Lot Dimensions: 135 x 121
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $587.43
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LEESBURG OAK PARK HOMESITES LOTS 8 9 PB 11 PG 83 ORB 1598 PG 207 ORB 3486 PG 207 ORB 3510 PG 752
- Flood Zone Info: X
- APN: 231924120000000800
- Property ID: 231924120000000800
Listed by Orchard Brokerage, Llc
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Schools
Schools serving 501 Lee St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 1.6 mi |
Carver Middle School, Leesburg, FL 1200 Beecher Street, Leesburg, FL 34748 | 6-8 | 1.2 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 1 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 501 Lee St
Date
Details
Price
Change
Source
6/14/2026
Listed
$160,000
181.2%
MLS
4/07/1998
Sold
$56,900
—
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 501 Lee St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$577
—
$53,080
3%
2024
$577
2%
$51,590
3%
2023
$563
23%
$50,090
6%
2021
$459
-6%
$47,224
-3%
2022
$486
6%
$48,640
4%
2021
$459
6%
$46,572
2%
2019
$435
5%
$45,525
2%
2018
$413
4%
$44,677
2%
2017
$398
3%
$43,759
2%
2016
$387
-1%
$42,859
1%
2015
$391
18%
$42,562
1%
2014
$330
8%
$42,225
1%
2013
$305
—
$41,601
—
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 501 Lee St
501 Lee Street, Leesburg, FL 34748 (MLS# TB8508825) is a Single Family property with 3 bedrooms and 2 full bathrooms. 501 Lee Street is currently listed for $160,000 and was received on June 14, 2026. Want to learn more about 501 Lee Street? Do you have questions about finding other Single Family real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

