Nine-Unit Apartment
New
For Sale
$389,000
1502 HIGH, Leesburg, FL 34748
Established multifamily property requiring substantial renovation and systems upgrades.
Property Size10,883 SF
Days on Market4
Property Features for 1502 HIGH
General Information
Standard status
Active
Size
10,883 SF
Property subtype
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
will require a substantial renovation
Additional Details
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$5,304
Building Details
Building Size
10,883 SF
Year Built
1910
Units
9
Listing Agency:
WAGNER REALTY
Listed By:
John Rojas, PA
(407) 580-6673
Source:
Elliman
Added: Sep 18
Last Checked: Sep 20 at 7:21AM
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 WAGNER REALTY
Investment Insights
Based on property information with market context.
This nine-unit apartment property, built in 1910, is positioned as a substantial renovation project. The anticipated scope includes roofing, building systems, general repairs, interior and exterior improvements, revised floor plans, and modernization of the individual units. The existing configuration provides a basis for a multifamily repositioning plan, subject to the required work and approvals.
The property is located at 1502 HIGH in Leesburg, Florida. Walk Score is 77, classified as Very Walkable, while Bike Score is 84, classified as Very Bikeable. These accessibility ratings provide useful context for evaluating the site’s residential setting and potential operating strategy.
The property is located at 1502 HIGH in Leesburg, Florida. Walk Score is 77, classified as Very Walkable, while Bike Score is 84, classified as Very Bikeable. These accessibility ratings provide useful context for evaluating the site’s residential setting and potential operating strategy.
Key Highlights
- Nine‑unit apartment property built in 1910
- Substantial renovation scope includes roofing and building systems
- Potential work includes interior and exterior improvements
Property Analytics
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Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
758
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Established multifamily property requiring substantial renovation and systems upgrades.
Where is this apartment building located?
The property is located at 1502 HIGH Leesburg, FL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Nine‑unit apartment property built in 1910; Substantial renovation scope includes roofing and building systems; Potential work includes interior and exterior improvements
