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$1,685,625
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Property Description
ATTRACTIVE INCOME/INVESTMENT OPPORTUNITY!!! TWO BUILDINGS FOR SALE, BOTH OCCUPIED BY SAME TENANT, CAP RATE APPROXIMATELY 5%, leases are (NN) double net. Building #1 is 17,434 sq ft and is located directly on 14th St/US 27 and consists of main showroom, multiple offices, numerous restrooms, large air conditioned stock/supply room and also warehouse areas with 2 bay doors. Excellent visibility and easy access on 14th St/US 27 with 25,500 AADT traffic count and plenty of parking. Building #2 is a 4,500 sq ft metal warehouse built in 2000 with restroom and 4 grade level bay doors and is fully fenced. Owners would prefer to sell both buildings together but will consider selling separately as well. GREAT INCOME/INVESTMENT OPPORTUNITY!!! All information is believed to be accurate and correct but not guaranteed or warranted and should be verified by buyer to their satisfaction.
Full Property Details
Full Property Details for 711 S 14th St & 1425 Sumter St
General
- Sold For: $1,685,625
- Taxes: $17,036 (2023)
- Status: Closed
- Type: Warehouse
- Source: MidFloridaRegionalMLS
- MLS ID: G5084008
- Added to Site: 618 day(s) ago
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: LEESBURG CLEARVIEW TERRACE
- Driving Directions: FROM DOWNTOWN LEESBURG TURN LEFT ONTO 14TH ST, PROPERTIES ARE LOCATED AT CORNER OF SUMTER ST AND S 14TH ST
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: A/C - Office Only, Central Air
- Heating Type: Central
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Brick, Metal Frame
- Year Built: 1954
Lot Features
- Lot Size (Acres): 1.35
- Lot Size (Sq. Ft.): 58,806
- Lot Size: 1.35
- Lot Dimensions: 240 x 190 & IRR
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $17,036
- Tax Year: 2023
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: LEESBURG CLEARVIEW TERRACE BEG AT NW COR OF LOT 11 BLK D RUN E TO NE COR LOT 26 S 41.15 FT W TO W LINE OF LOT 11 N 40.3 FT TO POB--LESS E 24.8 FT--LOTS 12 13 14 15--LESS HWY R/W--LOT 27--LESS E 24.8 FT--LOTS 28 29 30--LESS HWY R/W--BLK D PB 8 PG 3 OR B 1001 PG 45 ORB 1371 PG 477
- Flood Zone Info: X
- APN: 271924040000D01100
- Property ID: 271924040000D01100
- Block/Lot/Section: 00D
Listed by Morris Realty and Investments
Sold by Black Tie Real Estate Professionals, Inc.
Get Pre-Approved Today
Schools
Schools serving 711 S 14th St & 1425 Sumter 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 | 0.6 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 0.3 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 711 S 14th St & 1425 Sumter St
Date
Details
Price
Change
Source
4/02/2025
Sold
$1,685,625
-8.89%
MLS
9/24/2024
Price Reduced
$1,850,000
-7.5%
MLS
6/27/2024
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
711 S 14th St & 1425 Sumter St, Leesburg, FL 34748 (MLS# G5084008) is a Warehouse property that was sold at $1,685,625 on April 02, 2025. Want to learn more about 711 S 14th St & 1425 Sumter St? Do you have questions about finding other Warehouse real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

