Prime Value-Add Investment Opportunity - 3141314430

Prime Value-Add Investment Opportunity

INQUIRE FOR ADDRESS LEESBURG, FLORIDA 34748

PRICE: 589,900.00 | ARV: 1,300,000.00

  • Bed: 20
  • Bath: 10
  • Sq Ft: 10,883
  • Lot Size: 140X199
  • Year Built: 1910
  • Construction: Other
  • Taxes: 3,357.31
  • HOA: NONE
  • Rehab: 400,000.00

Description:

Take advantage of this rare opportunity in the heart of Leesburg, FL, just 45 minutes from Orlando. This centrally located asset is currently configured as 5 units, but zoned by Lake County for 10 units, with proposed plans included to support the conversion.

Whether you're planning a multifamily redevelopment, co-living concept, or workforce housing, this property is perfectly positioned to meet the growing demand in the area. It's minutes from Downtown Leesburg and UF Health Leesburg Hospital, making it an attractive option for long-term tenants.

Investment Snapshot

* Current Configuration: 5 Units

* Zoning & Plans: 10 units (plans included)

* Projected ARV (10 Units): $1,300,000

* Existing Appraisal (5 Units): $1,150,000


Why This Deal Stands Out

* Existing 5-unit structure with path to expand to 10 units

* Official zoning and architectural plans available

* Recent appraisal supports strong value at $1.15M for just 5 units

* Undersupplied rental market with rising demand

* Strong location near hospital, retail, and major highways

* Ideal for value-add investors looking to maximize returns

* City water and City sewer

Need Financing?
Financing

We offer competitive terms for Fix&Flip, Buy & Hold, STR, DSCR, Construction, Bridge, Commercial, Multi-Family.

Give Us a Try!

Disclosures:

  • Harborview Group, Inc. dba Harborview Home Buyers, or an affiliate, has this property under contract and holds an equitable interest in this property. This advertisement is for the sale of this equitable interest and contract assignment.
  • Sold As-Is for Cash or Private Lender Only
  • $5,000 non-refundable deposit is due at the time of contract assignment or signing of contract with Harborview Homebuyers.
  • Properties are sold As-Is with NO inspection period; Inspections must be made prior to offer.
  • Buyer pays all closing costs for both buyer and seller sides of the transaction.
  • ALL information provided including costs, rehab estimate, rental rate/return projections, ARV, square footage, etc must be independently verified. ALL data is based on opinion and estimates of Harborview Homebuyers, actual figures may vary. Square footages are taken from public records.
  • Risk of Loss: Real estate investment is speculative in nature and there is a risk of loss. The recipient of this information should carefully consider whether such investing is suitable for them.
  • NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Florida. Any and all information provided is done for strictly informational purposes.