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    1314 Shore Dr Leesburg, FL 34748

    Sponsored
    For Sale
    $185,000

    High-traffic location, redevelopment potential.

    Property size:
    1,008 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,008 square foot mixed-use property, situated on a 0.44-acre lot at 1314 N Shore Drive in Leesburg, Florida, presents a compelling investment opportunity. Its prime location directly off Highway 441/27 ensures high visibility and accessibility, benefiting from the constant flow of traffic in this bustling area, just minutes from The Villages. Currently zoned C-3, this property offers significant redevelopment potential. The existing structure, built in 1950, comprises three separate rooms, a spacious main area, and one bathroom. Recent electrical upgrades enhance its functionality. The property's "As-Is" sale condition provides a blank canvas for investors or businesses seeking to renovate the existing building or undertake a complete demolition to construct a custom office or retail space. The surrounding area thrives with established businesses, including an accounting office, a daycare center, and the popular Ramshackle Cafe, creating a vibrant and supportive commercial environment. This location's high traffic count and proximity to The Villages make it an ideal spot for a variety of commercial ventures. The possibilities are truly limitless for a forward-thinking entrepreneur or investor. Priced at $185,000, this property represents a rare chance to capitalize on a prime location and significant redevelopment potential in a thriving Florida community.

    Property Features for 1314 Shore Dr

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,008 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -81.88697
    Latitude
    28.83184

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, redevelopment potential.
    Where is this mixed-use property located?
    The property is located at 1314 Shore Dr Leesburg, FL.
    What is the asking price?
    The asking price for this property is $185,000.
    (352) 229-1187
    Request Owner's contact information
    1314 Shore Dr 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
    1314 Shore Dr Leesburg, FL 34748
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