301 South East Street

Leesburg, FL 34748

$1,380,000
Price
24
Beds
7,072 Sq. Ft.
$195 / Sq. Ft.
7,072
Sq. Ft.
$195
per Sq. Ft.

Description

Unlock incredible potential with this 12-unit apartment building, perfect for the savvy investor seeking to gain equity and add value. Ten of the units have already been beautifully gutted and renovated, while one is currently being updated and another is in the process of electrical improvements. Located in a prime area near the stunning chain of lakes and vibrant downtown Leesburg, this property offers the ideal blend of convenience and appeal. Don’t miss your chance to capitalize on this lucrative...Unlock incredible potential with this 12-unit apartment building, perfect for the savvy investor seeking to gain equity and add value. Ten of the units have already been beautifully gutted and renovated, while one is currently being updated and another is in the process of electrical improvements. Located in a prime area near the stunning chain of lakes and vibrant downtown Leesburg, this property offers the ideal blend of convenience and appeal. Don’t miss your chance to capitalize on this lucrative investment!
  1. Listed by Kyler Moreland • ROBERT SLACK LLC

Property Details for 301 South East Street

Subdivision Name
LEESBURG LEES
Township
19
Waterfront
No
LISTING UPDATED: 11/01/2024 10:31 AM

Property Details for 301 South East Street

StatusActive
MLS #O6253611
Days on Market54
Taxes$10,315 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1957
Lot Size0.48 AC / 21,000 SF
CountyLake County

Building Information for 301 South East Street

Stories-Residences12Year Built1957Building Size-Lot Size0.48 AC / 21,000 SF

Property Information for 301 South East Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: 441 take a left onto 44 then take a right onto south east street
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 301
  • Street Direction Prefix: S
  • Street Name: EAST
  • Street Suffix: STREET
  • State: FL
  • City: LEESBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 001
  • Tax Book Number: 8-102
  • Tax Legal Description: LEESBURG, LEE'S SUB LOTS 1, 4, 5, BLK 1 PG 8 PG 102 ORB 1703 PG 404
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 25-19-24-0800-001-00100
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 7072
Property and Assessments
  • Year Built Numeric: 1957
  • Flood Zone Code: X
  • Flood Zone Date: 12-18-2012
  • Flood Zone Panel: 12069C0340E
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Public, Sewer Available, Street Lights
  • Water Source: Private, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fenced
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 24
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Electric, Wall Units / Window Unit
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $115,200.00
  • Est Annual Market Income: $144,000.00
  • Gross Income: $115,200
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Garage Attached 1: No
  • Unit Type Number Of Units Occupied 1: 10
  • Unit Type Pro Forma 1: 800
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 12
Rental
Rental Information
  • Total Actual Rent: $9,600

Property History for 301 South East Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 South East Street

Taxable ValueLand$74,676Additions$495,998Total$570,674
Tax Record2024$11,152 ($929 / month)
Home Facts
Baths12Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtStories1Lot Size21,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1957Year Renovated1984CountyLAKEAPN25-19-24-0800-001-00100

Schools near 301 South East Street

This home is within Lake.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Leesburg Elementary School
PublicPK to 5

Oak Park Middle School
Public6 to 8

Leesburg High School
Public9 to 12

Lake Academy Leesburg
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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301 South East Street is a multi-family home for sale in Leesburg, FL 34748. This property was listed for sale on November 1, 2024 by ROBERT SLACK LLC, it's currently listed at $1,380,000. It has been on the market for a total of 54 days and was last sold on February 6, 2020. This listing's school district is Lake. Nearby schools include Leesburg Elementary School, Oak Park Middle School and Leesburg High School. 301 South East Street is a 24-bed, 0-bath, 7,072 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROBERT SLACK LLC, Kyler Moreland

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/01/2024 10:31 AM