1502 High St

Leesburg, FL 34748

$419,900
Price
—
Beds
—
Baths
10,883 Sq. Ft.
$39 / Sq. Ft.
10,883
Sq. Ft.
$39
per Sq. Ft.

Description

Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns. A complete renovation, estimated at $400,000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor...Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns. A complete renovation, estimated at $400,000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor plans, and modern interiors. While this project will require significant work, it presents an opportunity for incredible returns, with an After-Repair Value (ARV) of $1,700,000. This property is a fantastic opportunity to provide value for tenants in a location where demand is strong. Don't miss out on this chance to create affordable and comfortable housing for 10 families. Contact your EquityPro Advisor today.
  1. Listed by Navid Rokh • Brokerage DRE #1047599 • EQUITYPRO LLC
    P: (321)-900-5977 C: (321)-900-5977 jonathan@equitypro.com

Property Details for 1502 High Street

Subdivision Name
LEESBURG ARCHBELL SUB
Township
19S
Waterfront
No
LISTING UPDATED: 01/30/2026 02:46 PM

Property Details for 1502 High Street

StatusActive
MLS #O6355283
Days on Market73
Taxes$3,357 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.64 AC / 27,860 SF
CountyLake County

Location

Listing Courtesy of EQUITYPRO LLC, Navid Rokh
Add your commute

Building Information for 1502 High Street

Stories-Residences9Year Built1910Building Size-Lot Size0.64 AC / 27,860 SF

Payment Calculator

$2,326 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,047

Property Taxes

$280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1502 High Street

Summary
Location and General Information
  • Building Area Source: Appraiser
  • Building Area Total: 11363.0
  • Building Area Units: Square Feet
  • Directions: From Fl Tpke Take the exit toward US 27N Merge onto US27N Left onto High St Destination will be on the right
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1502
  • Street Name: HIGH
  • Street Suffix: STREET
  • State: FL
  • City: LEESBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 002
  • Tax Book Number: 10-5
  • Tax Legal Description: LEESBURG ARCHBELL SUB LOT 11 BLK 2 PB 10 PG 5 ORB 6312 PG 209
  • Tax Lot: 11
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 140 x 199
  • Parcel Number: 271924020000201100
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 10883
  • Lot Dimensions: 140 x 199
Property and Assessments
  • Year Built Numeric: 1910
  • Flood Zone Code: x
  • New Construction: No
  • Property Condition: Fixer
  • Public Survey Range: 24E
  • Public Survey Section: 27
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: None
  • Fireplace: No
  • Flooring: Hardwood
  • Heating: None
  • Interior Features: Ninguno
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $156,000.00
  • Unit Count: 0

Property History for 1502 High Street

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Price Change

MFRMLS #O6355283

$419,900—
Jan 21, 2026

Listed (Active)

MFRMLS #O6355283

$459,900—
Dec 26, 2025

Pending

MFRMLS #O6355283

—
Dec 4, 2025

Price Change

MFRMLS #O6355283

$459,900—
Nov 21, 2025

Price Change

MFRMLS #O6355283

$495,000—
Oct 24, 2025

Listed (Active)

MFRMLS #O6355283

$515,000—
Sep 24, 2025

Withdrawn

MFRMLS #O6327068

$567,999—
Sep 11, 2025

Listed (Active)

MFRMLS #O6327068

—
Aug 5, 2025

Pending

MFRMLS #O6327068

—
Jul 14, 2025

Listed (Active)

MFRMLS #O6327068

$588,999—
Apr 1, 2024

Sold

MFRMLS #O6181087

$310,000—
Mar 28, 2024

Sold (Public Record)

Public Record #1530647689

$310,000

+47.3% / yr

Feb 25, 2024

Pending

MFRMLS #O6181087

—
Feb 21, 2024

Listed (Active)

MFRMLS #O6181087

$349,900—
Jul 12, 2023

Withdrawn

MFRMLS #O6122212

—
Jun 27, 2023

Listed (Active)

MFRMLS #O6122212

$479,000—
Mar 9, 2023

Withdrawn

MFRMLS #O6090362

$399,500—
Feb 13, 2023

Listed (Active)

MFRMLS #O6090362

$449,900—
Jan 13, 2023

Withdrawn

MFRMLS #O6065098

$479,900—
Oct 11, 2022

Listed (Active)

MFRMLS #O6065098

$499,900—
May 13, 2022

Sold (Public Record)

Public Record #1490094022

$150,000

+29.9% / yr

Mar 2, 2018

Sold (Public Record)

Public Record #618637047

$50,000

+48.6% / yr

Jun 1, 2016

Sold (Public Record)

Public Record #572752385

$25,000

-88.7% / yr

Jun 1, 2016

Sold

MFRMLS #G4825193

$25,000—
Jun 1, 2016

Withdrawn

MFRMLS #G4825201

$39,900—
May 4, 2016

Pending

MFRMLS #G4825193

—
Mar 23, 2016

Listed (Active)

MFRMLS #G4825201

$39,900—
Mar 23, 2016

Listed (Active)

MFRMLS #G4825193

$39,900—
Mar 15, 2016

Withdrawn

MFRMLS #G4819053

$39,900—
Oct 21, 2015

Listed (Active)

MFRMLS #G4819053

$44,900—
Oct 2, 2015

Withdrawn

MFRMLS #O5389304

$44,900—
Aug 28, 2015

Withdrawn

MFRMLS #O5388862

$44,900—
Aug 28, 2015

Listed (Active)

MFRMLS #O5389304

$44,900—
Aug 26, 2015

Listed (Active)

MFRMLS #O5388862

$44,900—
Dec 15, 2014

Sold (Public Record)

Public Record #498884700

$608,300

+6.4% / yr

Mar 3, 2005

Sold (Public Record)

Public Record #152360084

$332,500—
Feb 23, 2005

Sold

MFRMLS #G4583734

$332,500—
Jan 24, 2005

Pending

MFRMLS #G4583734

—
Nov 1, 2004

Listed (Active)

MFRMLS #G4583734

$329,000—
DateEvent & SourcePrice
01/30/2026

Price Change

MFRMLS #O6355283

$419,900
01/21/2026

Listed (Active)

MFRMLS #O6355283

$459,900
12/26/2025

Pending

MFRMLS #O6355283

—
12/04/2025

Price Change

MFRMLS #O6355283

$459,900
11/21/2025

Price Change

MFRMLS #O6355283

$495,000
10/24/2025

Listed (Active)

MFRMLS #O6355283

$515,000
09/24/2025

Withdrawn

MFRMLS #O6327068

$567,999
09/11/2025

Listed (Active)

MFRMLS #O6327068

—
08/05/2025

Pending

MFRMLS #O6327068

—
07/14/2025

Listed (Active)

MFRMLS #O6327068

$588,999
04/01/2024

Sold

MFRMLS #O6181087

$310,000
03/28/2024

Sold (Public Record)

Public Record #1530647689

$310,000

+47.3% / yr

02/25/2024

Pending

MFRMLS #O6181087

—
02/21/2024

Listed (Active)

MFRMLS #O6181087

$349,900
07/12/2023

Withdrawn

MFRMLS #O6122212

—
06/27/2023

Listed (Active)

MFRMLS #O6122212

$479,000
03/09/2023

Withdrawn

MFRMLS #O6090362

$399,500
02/13/2023

Listed (Active)

MFRMLS #O6090362

$449,900
01/13/2023

Withdrawn

MFRMLS #O6065098

$479,900
10/11/2022

Listed (Active)

MFRMLS #O6065098

$499,900
05/13/2022

Sold (Public Record)

Public Record #1490094022

$150,000

+29.9% / yr

03/02/2018

Sold (Public Record)

Public Record #618637047

$50,000

+48.6% / yr

06/01/2016

Sold (Public Record)

Public Record #572752385

$25,000

-88.7% / yr

06/01/2016

Sold

MFRMLS #G4825193

$25,000
06/01/2016

Withdrawn

MFRMLS #G4825201

$39,900
05/04/2016

Pending

MFRMLS #G4825193

—
03/23/2016

Listed (Active)

MFRMLS #G4825201

$39,900
03/23/2016

Listed (Active)

MFRMLS #G4825193

$39,900
03/15/2016

Withdrawn

MFRMLS #G4819053

$39,900
10/21/2015

Listed (Active)

MFRMLS #G4819053

$44,900
10/02/2015

Withdrawn

MFRMLS #O5389304

$44,900
08/28/2015

Withdrawn

MFRMLS #O5388862

$44,900
08/28/2015

Listed (Active)

MFRMLS #O5389304

$44,900
08/26/2015

Listed (Active)

MFRMLS #O5388862

$44,900
12/15/2014

Sold (Public Record)

Public Record #498884700

$608,300

+6.4% / yr

03/03/2005

Sold (Public Record)

Public Record #152360084

$332,500
02/23/2005

Sold

MFRMLS #G4583734

$332,500
01/24/2005

Pending

MFRMLS #G4583734

—
11/01/2004

Listed (Active)

MFRMLS #G4583734

$329,000

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

Public Records for 1502 High Street

Taxable ValueLand$176,911Additions$70,455Total$247,366
Tax Record2024$3,357 ($280 / month)
Home Facts
Total Finished SqFt10,883 SqFtAbove Grade Finished SqFt10,883 SqFtStories2Lot Size27,860 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1965CountyLAKEAPN27-19-24-0200-002-01100

Schools near 1502 High Street

This home is within Lake County Schools.
Rating
School
Type
Grades
Distance
Leesburg Elementary School
Public - PK to 5
Oak Park Middle School
Public - 6 to 8
Leesburg High School
Public - 9 to 12
Pinecrest Academy Four Corners
Charter - K to 8
Rating
School
Distance
Leesburg Elementary School
PublicPK to 5

Oak Park Middle School
Public6 to 8

Leesburg High School
Public9 to 12

Pinecrest Academy Four Corners
CharterK to 8

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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More information about 1502 High Street, Leesburg, FL 34748

1502 High Street is a multi-family home for sale in Leesburg, FL 34748. This property was listed for sale on October 24, 2025 by EQUITYPRO LLC, it's currently listed at $419,900. It has been on the market for a total of 73 days and was last sold on April 1, 2024. This listing's school district is Lake County Schools. Nearby schools include Leesburg Elementary School, Oak Park Middle School and Leesburg High School. 1502 High Street is a 0-bed, 0-bath, 10,883 sqft multi-family home built in 1910.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 EQUITYPRO LLC, Navid Rokh

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: 01/30/2026 02:46 PM