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Property profile & analytics

201 1St St Leesburg, FL 34748

  • Bars
  • 4,376 SF
  • 0.26 lot acres
For Sale
Last Sale
Jun 01, 2021
$88,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US19-0427052
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • LibertyX Bitcoin ATM / Atm
  • Frank's Place / Bar / Night Club

Property Details for 201 1St St

Year built
1925
Construction
BRICK
Lot size
0.26 lot acres
Property size
4,376 SF
Property type
Bars
APN
26-19-24-2600-000-02503
APU
261924260000002503

Description

This exceptional investment opportunity presents a historic landmark in the heart of rapidly growing Downtown Leesburg, Florida. The property, located at 201 N 1st Street, encompasses a substantial 6,470 square feet on a 0.26-acre lot. The main building, boasting over 4,550 square feet of tastefully renovated space, houses a thriving restaurant, a full bar, and a popular pool hall. All are well-maintained and equipped for immediate operation. The sale includes a valuable 4COP liquor license, along with the majority of fixtures, furniture, equipment, and inventory. Adding to its versatility, the property features a significant outdoor component. A 2,000+ square foot covered pavilion and bandstand area, completed in 2011, provides ample space for outdoor events, complete with an additional kitchen and restroom facilities. This popular destination benefits from convenient access to ample public parking directly across the street. The asking price is $1,000,000. The buyer is responsible for documentary stamps and title insurance. All information is believed to be accurate but should be independently verified.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $70,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Leesburg
County
Lake
State
Florida
Longitude
-81.8759
Latitude
28.8117
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,476
$0.00
$0.00
$443,854
-
$96,118
$347,736
$443,854
More about this property
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