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    2108 & 2110 SOUTH STREET, Leesburg, FL 34748

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    Pending
    $459,000

    Duplex - LEESBURG, FL

    Type:Duplex
    Property size:
    2,622 SF
    Lot size:
    0.47 Acres
    Added:
    May 17, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 18 at 1:06 pm

    Property Features for 2108 & 2110 SOUTH STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    New Construction
    Zoning
    R-2
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Interior features
    Accessibility Features, Open Floorplan, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-in Closet(s), Window Treatments
    Exterior features
    Lighting, Sidewalk
    Standard status
    Pending
    APN
    27-19-24-0003-000-05100
    Size
    2,622 SF
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    578.72

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Number of units
    1
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    James Grayford
    James Grayford

    Listing agent James Grayford License #3234997

    Listing office FLORIDA RE ANALYSTS, INC 4327 S Highway 27, #430, Clermont, FL

    Listing date May 17, 2026

    MLS# O6408544 Listing URL

    Copyright © 2026 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.

    HighLights

    • Brand new duplex property, ideal for income generation or long‑term renters.
    • High‑quality kitchen with granite countertops, slow‑close cabinets, stainless steel appliances, and undermounted sink.
    • Durable and easy‑to‑maintain interior finishes including commercial‑rated LVP flooring and tile bathroom floors.
    • Convenient location directly across from the elementary school and close to the high school.
    • Energy‑efficient Carrier A/C units and exterior sprinkler system for low‑maintenance Bahia grass.
    • Option to purchase adjacent lot zoned for a duplex for $25,000.

    Overview

    This new duplex is an income-producing property designed for long-term renters and lower maintenance costs. Each unit features a large kitchen with light grey cabinets, 36-inch uppers, slow-close hinges, 3/4-inch shelves, dovetail drawers, and granite countertops. The kitchens also include an undermounted stainless steel sink, a glass top range, Samsung dishwashers, and a double-door Whirlpool refrigerator with ice and water dispenser. Commercial-rated LVP flooring is installed throughout, with tile in both bathrooms. Bathroom cabinets also feature granite countertops and four drawers, along with Sterling Vikrel shower units. Each unit is equipped with Carrier A/C units using 3-month filters and hookups for stacked washer and dryer units. The master bedroom includes a large walk-in closet (15'8"x 11'8"), with the second bedroom measuring 11'6" x 10'4" and the third bedroom at 10'6" x 10'11". A craftsman-style front door provides visibility. An exterior sprinkler system splits the water bill between units and waters the low-maintenance Bahia grass. Located on South Street, the property is across from the elementary school and less than a mile from the high school. The property is zoned R-2. The building size is 2,622 square feet and the lot size is 0.47 acres.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $53.5k $20.40
    − Vacancy −$3.5k −$1.35
    EGI $50.0k $19.05
    − OpEx −$15.0k −$5.72
    NOI $35.0k $13.34
    2,622 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $499.6K
    $437.1K – $582.9K (±1% cap)
    NOI $34,971 @ 7.0% cap · market cap 7.62%
    Second Best
    Apartment 5plus
    $460.0K
    $402.5K – $536.7K (±1% cap)
    NOI $32,199 @ 7.0% cap · market cap 7.02%
    Theoretical Best
    Office A
    $746.1K
    $652.9K – $870.5K (±1% cap)
    NOI $52,230 @ 7.0% cap · market cap 11.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.898613
    Latitude
    28.803502

    FAQs

    What type of property is this?
    Duplex - New duplex in Leesburg, Florida, ideal for long-term rental income.
    Where is this duplex located?
    The property is located at 2108 & 2110 SOUTH STREET Leesburg, FL.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Brand new duplex property, ideal for income generation or long‑term renters.; **High‑quality kitchen with granite countertops, slow‑close cabinets, stainless steel appliances, and undermounted sink.**; Durable and easy‑to‑maintain interior finishes including commercial‑rated LVP flooring and tile bathroom floors.
    More about this property
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