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    1120 Webster St Leesburg, FL 34748

    For Sale
    $459,900

    Multi Family - LEESBURG, FL

    Property size:
    3,382 SF
    Lot size:
    0.55 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1120 Webster St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    R-1
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    23-19-24-1600-00C-00900
    Interior features
    Ceiling Fans(s), High Ceilings
    Exterior features
    Lighting, Storage
    Appliances
    Range, Refrigerator
    Size
    3,382 SF
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1924
    Number of units
    6
    Flooring type
    Wood
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Carlino Real Estate Group, Inc. (352) 326-2662 [email protected]

    Listing agent Alex Vonhartman (352) 326-2662 License #3230078

    Listing date Nov 17, 2025

    MLS# G5103558 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Leesburg Multifamily Property

    This income-generating 6-plex is situated just a few blocks from Downtown Leesburg, near Beacon College, restaurants, shopping, HWY 27, and 441. The property features six one-bedroom, one-bathroom units and three locking storage areas that could generate additional income. The units are fully occupied, with rents ranging from $800 to $901. Several tenants are long term, with some having resided there for over 10 years. The units are all separately metered for power and share one water meter, which the owner includes in the rent. Four of the six units have central A/C, while the remaining two utilize wall units. All units have two entrances and exits. The roof was replaced in 2021 on both buildings. The property is zoned R-1 and sits on a 0.55-acre lot. The building size is 3382 square feet. The property is located in Leesburg, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.882912
    Latitude
    28.816709

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 6-plex near downtown Leesburg with income potential.
    Where is this apartment building located?
    The property is located at 1120 Webster St Leesburg, FL.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: - Fully occupied 6-plex generating income with management in place; - Prime location near Downtown Leesburg, Beacon College, restaurants, shopping, HWY 27, and 441; - Six 1/1 units plus three storage areas with potential for additional income
    (352) 326-2662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 Webster St Leesburg, FL 34748
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