201 Rosefield Ave Leesburg, FL 34748

3,465 SF 0.2 ac lot Built 1958

Entity Owned 3-yr Hold ~ Est. High Equity

Property ID

US18-2015000

$670,000 3,465 SF

201 Rosefield Ave, Leesburg, FL 34748
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This 3,465 sq. ft. property in Downtown Leesburg, FL, is a former 20-bed assisted living facility currently vacant and partially approved for use as a 19-bed room and boarding house (including a manager) or an 18-bed assisted living facility. The property is fully furnished and features fire sprinklers, a fire alarm, an automatic generator, a renovated kitchen, some new flooring, a new water heater, and one new HVAC unit. It includes 11 bedrooms. The seller will consider a lease-to-buy arrangement with negotiable terms. Potential uses, subject to verification with the City of Leesburg, include foster home, daycare, halfway house, independent living, memory care, and more. Boarding houses offer low overhead; residents pay a fixed monthly fee covering utilities, cable TV, phone, and common area cleaning (operational model may vary). Prospective buyers/tenants must independently verify all permits, market rents, approvals, regulations, parking, capacity, allowed use, zoning, financials, proformas, and other factors relevant to their intended use before submitting a letter of intent. The property sits on a 0.2-acre lot.