$725,000

1700 South Street

LEESBURG FL, 34748

Description

Located in an OPPUTUNITY ZONE. Property consist of 5 parcels with the main parcel being 7.5 acres with a 7,456 SF warehouse (vacant), with a new roof, situated on 1 +/- acres on South Street and having C-3 zoning. The back portion of this parcel is 6.5 acres (mostly wetlands) with R-2 zoning and has a 2,685 SF duplex that is rented (Parcel has split zoning, per Leesburg P&Z). The remaining 4 parcels adjoining to the west are zoned R-1 and includes a duplex (storage at this time) and two single family homes (rented) with additional frontage on South St. The current rental income is $2,900/month with potential for additional $1,500/month from duplex that is being used for storage at this time. Owner will divide properties as follows: 1) Commercial warehouse and 1 +/- acre front portion of Alt Key # 1291526) at $320,000; 2) Duplex and pool on South St (front 3 parcels) offered at $110,000; and, 3) Pink house and white house on northern 6.5 acres of Alt Key #1291526 offered at $295,000. Properties will need to be surveyed if divided to confirm boundaries of the parcels and location of buildings.

Details

MLS#G5038711
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1971
Days On Site20

Features

SQ Feet6,737
ZoningC3,R2,R1
Acreage8.32
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Area Information
StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 - Leesburg
Listing VS Median (in 34748)
Price:
$725,000
low | high
Med:
$214,900
100% of Average
SqFt:
6,737
low | high
Med:
1,764
100% of Average
$ / SqFt:
$108
low | high
Med:
$122
36.794800218938% of Average
On Site:
20
low | high
Med:
19
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 5,000 - 8,000
Nearby Listings Property ImageNearby Listings Details
1314 SUMTER ST Property Photo - LEESBURG, FL real estate listing
$0
1314 Sumter St
Leesburg, FL 34748
Listing Updated: February 28, 2021 3:29:39 AM PST
Michael Pederson LogoMLS Number: G5038711
Listing Provided By:
Michael Pederson  of  GRIZZARD COMMERCIAL REALESTATE

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