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#G5092929, Linda Lake, Listing office: WATSON REALTY CORP
$588,999 List price
1502 High St Leesburg, FL 34748
0 beds
10,883 sqft
0.6 acres
$54 / sqft
Multi-Family
Property details
About 1502 High St
Prime Investment Opportunity – Location, Location, Location! Prime Value-Add Investment Opportunity in Central Florida! Located just 45 minutes from Orlando, this centrally positioned Leesburg asset is zoned by Lake County for 10 units, making it ideal for a multifamily conversion, co-living concept, or workforce housing development. Minutes from Downtown and UF Health Leesburg Hospital, the area offers strong tenant demand and long-term growth. Full renovation required – estimated at $400,000, including updated floor plans, systems, and interiors. Projected After-Repair Value (ARV): $1,890,000, presenting a strong equity and cash flow play for savvy investors. With flexible zoning, an undersupplied rental market, and rising demand, this is a rare chance to reposition a property for significant returns. Serious inquiries only – proceed with caution during showings.
Highlights
Home typeMulti Family
StatusActive
Size10,883 sqft
Lot size0.64 Acres
Year built1910
MLS #O6327068
Virtual tour
Summary
- Interior: Other
- Private Pool: No
- Exterior: Other
- Heating: None
- Cooling: None
- List Price: $588,999
- Price/SqFt: $54
- HOA Amount: $0
- Annual Tax Amount: $2,922
- Tax Year: 2023
- Directions: From Fl Tpke Take the exit toward US 27N Merge onto US27N Left onto High St Destination will be on the right
- Year Built: 1910
- Living Area: 10,883 SqFt
- Lot Size: 0.64 Acres
- MLS Number: O6327068
- MLS Name: MFRMLS
- Office Name: LEGENDS REAL ESTATE PROFESSIONALS, INC
- Listing Agent: Samuel Maduro
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 08, 2024 | Home Sold | $310,000 |
| May 17, 2022 | Home Sold | $150,000 |
| Mar 15, 2018 | Home Sold | $50,000 |
| Jun 06, 2016 | Home Sold | $25,000 |
| Apr 13, 2015 | Home Sold | $608,300 |
| Mar 03, 2005 | Home Sold | $332,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $100,783 | $2,922 |
| 2022 | $32,932 | $1,227 |
| 2021 | $27,860 | $1,227 |
| 2020 | $27,860 | $1,011 |
| 2019 | $27,860 | $1,164 |
| 2018 | $19,502 | $1,005 |
| 2017 | $19,502 | $1,006 |
History based on county public records data.
Nearby schools
2
Leesburg Elementary School
Public District PK-5
1.0 mi
•2229 South St
3
Beverly Shores Elementary School
Public District PK-5
1.2 mi
•1108 Griffin Rd
2
Fruitland Park Elementary School
Public District PK-5
3.4 mi
•304 W Fountain St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,969. The most common annual income of people living in Leesburg, FL is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
71%
<35k
29%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Golden Corral
What do the neighbors drive?
Buick
Pontiac
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1502 High St
The listing price of 1502 High St property is $588,999.
The property 1502 High St is a multi located in Leesburg, Florida, 34748.
Active Listing: 1502 High St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1502 High St are: Leesburg Elementary School (GreatSchools Rating 2/10), Beverly Shores Elementary School (GreatSchools Rating 3/10), Fruitland Park Elementary School (GreatSchools Rating 2/10), Oak Park Middle School (GreatSchools Rating 3/10), Carver Middle School (GreatSchools Rating 4/10), Tavares Middle School (GreatSchools Rating 4/10), Leesburg High School (GreatSchools Rating 2/10), Wildwood Middle High School (GreatSchools Rating 5/10), Sumter Preparatory Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,922 (source: MLS/based on county public records data).
The last sale was on April 8, 2024 for $310,000 (source: MLS/tax record).
The property 1502 High St is 10,883 SqFt (source: MLS/tax record).
The year of construction for 1502 High St is 1910.
This home is located at 1502 High St in Leesburg, FL and zip code 34748. This 10,883 square foot home, which was built in 1910, sits on a 0.64 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $588,999.
Over 9 listings were sold over their listed price in June 2025 in Leesburg, FL. In the same period over 70 listings were sold below the listed price and 19 listings were sold for the listed price. In June 2025 in Leesburg, FL there were 0.7% less homes for sale than in May. In June 2025 median list price was $296,000 and the average listing age was 93 days.
From Rocket Homes Real Estate and based on county public records data.