1700 South Street

LEESBURG, FL 34748

About this property

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.

Date Added
February 15, 2021
Listing Status
Active
Days On Site
10
MLS#
G5038711

Features and Additional Information

Lot Size
362,419 SqFt
Acreage
8.32
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1971
Zoning
C3,R2,R1
Square Feet
6,737
Units
0
Story(s)
0
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$725,000 Active
6,737 SQFT

Presented By Sue E. Amsden

CB Boulevard

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Get in touch today! Phone: (352) 427-5546
License #SL-3355165
Brokerage
CB Boulevard
(352) 732-8350

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