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    301 S East St Leesburg, FL 34748

    For Sale
    $1,200,000

    Multi Family - LEESBURG, FL

    Property size:
    7,072 SF
    Lot size:
    0.48 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 301 S East St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    24
    APN
    25-19-24-0800-001-00100
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    7,072 SF
    Lot size
    0.48 Acres

    Utilities

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

    Building Details

    Year built
    1957
    Number of units
    12
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    Robert Slack LLC (954) 445-1111 [email protected]

    Listing agent Kyler Moreland (352) 229-1187 License #3539998

    Listing date Jul 9, 2025

    MLS# O6253611 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

    Leesburg Multifamily Investment Opportunity

    This 12-unit apartment building presents an investment opportunity. Ten of the units have been renovated, while one is currently being updated and another is undergoing electrical improvements. The property is located in Leesburg, Florida, near the chain of lakes and downtown area. The property, zoned R-3, is situated on a 0.48-acre lot. The building has a total area of 7,072 square feet.
    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
    -81.863038
    Latitude
    28.808148

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    FAQs

    What type of property is this?
    Apartment building - 12-unit apartment building near downtown Leesburg, with renovation potential.
    Where is this apartment building located?
    The property is located at 301 S East St Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime location near the chain of lakes and downtown Leesburg.; - Ten of twelve units are already renovated.; - Significant value-add opportunity with one unit being updated and another with electrical improvements underway.
    (352) 229-1187
    Request Owner's contact information
    301 S East St Leesburg, FL 34748
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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
    301 S East St Leesburg, FL 34748
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