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301 S East Street

Leesburg, FL 34748

24 beds
12 baths
7,072 sqft
~1/2 acre lot
$195 per sqft
1957 build
– on site

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!

Listing courtesy of STELLAR_MLS / ROBERT SLACK LLC

Last checked: Checking… • Last updated Nov 5, 2024 •

MLS# O6253611 —

The Building

Year Built:

1957
New Construction:

false
Construction Materials:

Block
Roof:

Metal
Foundation Details:

Slab
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

7072
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

441 take a left onto 44 then take a right onto south east street
Latitude:

28.808148
Longitude:

-81.863038
Coordinates:

-81.863038, 28.808148

The Property

Parcel Number:

251924080000100100
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.48
Lot Size Area:

21000
Lot Size SqFt:

21000
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-3
View:

false
Exterior Features:

Fenced
Water Source:

Private
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12069C0340E
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

1
Tax Block:

001
Tax Legal Description:

LEESBURG, LEE'S SUB LOTS 1, 4, 5, BLK 1 PG 8 PG 102 ORB 1703 PG 404
Tax Book Number:

8-102
Tax Annual Amount:

10315

Beds

Bedrooms Total:

24

Baths

Total Baths:

12

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6253611
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

LEESBURG LEES
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

12

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Listed / Active	STELLAR_MLS	$1,380,000	93.0% (19.6% / YR)
2/6/20 Feb 6, 2020		STELLAR_MLS	$715,000

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This multifamily located in Poinciana Heights, Leesburg, FL 34748 is currently for sale for $1,380,000. 301 S East Street is a 7,072 square foot multifamily with 24 beds and 12 baths that has been on Estately for 23 days. 301 S East Street is in the Poinciana Heights neighborhood of Leesburg and has a WalkScore® of 26, making it car-dependent. This multifamily is in the attendance area of Oak Park Middle School, Leesburg Elementary School, and Leesburg High School.

Listing Courtesy of: STELLAR_MLS and ROBERT SLACK LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.