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Nine-Unit Apartment Building

1502 HIGH Street, Leesburg, FL 34748

For Sale
$389,000

Commercial Sale, LEESBURG, FL

Property Size10,883 SF
Lot Size0.66 Acres
Price / SF$35.74
Days on Market53

Property Features for 1502 HIGH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-2
Subdivision LEESBURG ARCHBELL SUB
Directions From I 75 go east of Hwy 44 to north on S 14th St to west on High St. Property will be on the north side of High St.
Standard status Active
APN 27-19-24-0200-002-01100
Size 10,883 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209
Tax Annual Amount 5305
Legal Description LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209

Building Details

Year built 1910
Floors in Building 2
Number of units 9
Building materials Frame, Wood Siding
Listing Agency: WAGNER REALTY
Listed By: John Rojas, PA · License #3151827
Added: Sep 16 Changed: Oct 16 Last Checked: Nov 7 at 1:06PM
MLS# A4706558

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.

Rey
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Investment Insights

Based on property information with market context.

This apartment property at 1502 High Street in Leesburg comprises 10,883 square feet on a 0.66-acre parcel. Built in 1910, the structure uses frame construction with wood siding and is zoned R-2. The property currently contains nine units and will require extensive renovation before it can be repositioned for continued multifamily use.

Reported improvement needs include roofing, building systems, general repairs, and updates to the interior and exterior areas. Modernization of individual units and revisions to floor plans are also identified as potential components of the work. The property is located in Lake County, Florida, within the Leesburg 34748 postal area.

Key Highlights

  • Nine‑unit apartment property
  • 10,883‑square‑foot building on 0.66 acres
  • R‑2 zoning

Property Analytics

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Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Lake County, FL

$483 Jul
$204 Aug
$204 Sep
$203 Oct

Properties on Market for Apartment buildings in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Frame-built multifamily property requiring substantial renovation and modernization.
Where is this apartment building located?
The property is located at 1502 HIGH Street 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; 10,883‑square‑foot building on 0.66 acres; R‑2 zoning
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