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Leesburg Multifamily Investment Opportunity
For Sale
$175,000

164 ROYAL PALM, Leesburg, FL 34748

Multifamily property for sale in Leesburg, Florida.

Property Size1,372 SF
Lot Size0.15 Acres
Days on Market318

Property Features for 164 ROYAL PALM

General Information

Standard status Active
Size 1,372 SF
Lot size 0.15 Acres
Property subtype Residential

Taxes and HOA fees

Annual Taxes $1,983

Building Details

Building Size 1,372 SF
Year Built 1979
Listed By: Carrie Pappas · License #3524972
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 9 Last Checked: Oct 11 at 8:41AM

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

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Dental Office Hair Salon HVAC Service Real Estate Agency

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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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 Leesburg, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Year Built: 1979
More about this property
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