1306 S 14th Street, Leesburg, FL 34748

$799,000
5,603
SqFt

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List Price
$799,000
Status
Active
Days on Market
76
Price Change
▼ $100,000 1782344137
MLS#
OM724518
Property Style
Hotel/Motel
Year Built
1949
Living Area
5,603
Lot Size
25,144
Acres
0.58
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Leesburg Floradel
MLS Area Major
Leesburg

Property 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.

Additional Information

Taxes Annual
$4298
Community Features
No Deed Restriction
Zoning
R-1
Floor
Tile
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Brick, Concrete
Foundation
Block, Brick/Mortar
Pool
No Pool
Flood Zone Code
X
Parcel ID
35-19-24-0100-00C-01600
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

Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE. 904-996-9144

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