1306 14th Street, LEESBURG, FL 34748
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  • MLS#: OM724518 ( Commercial Sale )
  • Street Address: 1306 14th Street
  • Viewed: 2
  • Price: $899,000
  • Price sqft: $160
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 5603
  • Days On Market: 1
  • Additional Information
  • Geolocation: 28.7978 / -81.8873
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Subdivision: Leesburg Floradel
  • Provided by: FLORIDA HOMES REALTY & MORTGAGE
  • Contact: Safal Desai
  • 904-996-9144
  • mfrmls
  • DMCA Notice
  • Description
    Value add motel opportunity in growing leesburg, fl! Rare opportunity to acquire the candlelight motel, a 13 room independent motel located on the high visibility us 27 / s 14th st corridor with strong frontage exposure, daily traffic counts, and excellent accessibility. Property features approximately 5,603 sf situated on ~0. 60 acres, multiple larger units, on site parking, and an owner/manager apartment included on site. Sale includes real estate, ff&e, motel name, goodwill, and operating assets. Ideal opportunity for an owner operator, hospitality investor, or value add buyer seeking upside through operational improvements, weekly rentals, repositioning, extended stay use, or future redevelopment potential. Existing motel use already in place. Strategically located near downtown leesburg, lake harris, uf health leesburg hospital, retail corridors, restaurants, and major central florida travel routes. Strong workforce and extended stay demand support the area. Seller financing available for qualified buyers with acceptable terms. Property sold as is. Buyers to independently verify all financials, zoning, licensing, occupancy, room count, and all due diligence information. Do not disturb owner or guests. Showings by appointment only. Contact listing agent for details.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Tile
  • Living Area: 5603.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Road Frontage Type: City Street, Highway
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: LEESBURG FLORADEL LOTS 16 17 18 19 BLK C--LESS W 7 FT--PB 9 PG 15 ORB 1822 PG 0723 ORB 1873 PG 1628
  • Area Major: 34748 - Leesburg
  • Parcel Number: 35-19-24-0100-00C-01600
  • Zoning Code: R-1
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