Building Details

Building Size 1,372 SF

Year Built 1979

Stories 1

Listing Agency: c***@jasonmitchellgroup.com Show Phone

Listed By: Carrie Pappas · License #3524972 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 22 Last Checked: Aug 26 at 11:30AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carrie Pappas

Investment Insights

Based on property information with market context.

This multifamily property is located in Leesburg, Florida. The property is listed for sale.

Key Highlights

• Year Built: 1979

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Dental Office HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

195

Businesses Nearby

Explore this area Business Placement

Demographics for 34748, FL

45,481

Population

25,740

Households

1.8

Avg Household Size

60

Median Age

24%

College-Educated

90%

High-School Grad

39.4 sq mi

ZIP Area

1,154

Density / Sq Mi

$53,768

Median Household Income

$30,762

Median Earnings

$1,181

Median Rent

$226,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property for sale in Leesburg, Florida.

Where is this apartment building located?

The property is located at 164 ROYAL PALM Dr Leesburg, FL.

What is the asking price?

The asking price for this property is $177,250.

What are key features of this property?

This property features: Year Built: 1979