1306 S 14th Street, Leesburg, FL 34748

$799,000
5,603
SqFt

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List Price
$799,000
Status
ACTIVE
MLS#
OM724518
Price Change
▼ $100,000 1782344137
Living Area
5,603
Subdivision
Leesburg Floradel

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

Year Built
1949
Construction
Block, Brick, Concrete
Living Area
5,603
Acres
0.58
Cooling
Central Air, Wall/Window Unit(s)
Stories
1

Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE.

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