Leesburg, FL 34748,1700 SOUTH ST
Leesburg, FL 34748,1700 SOUTH ST
Leesburg, FL 34748,1700 SOUTH ST
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$550,000

$599,000

8.2%
Est.Price: ?

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Est. payment /mo

6,737 SqFt


SOLD DATE : 11/06/2021

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 6,737 sqft

Price per Sqft $81

Subdivision Acreage & Unrec

MLS Listing ID G5038711

Sold Date 11/06/21

Construction Status Inspections

HOA Y/N No

Year Built 1971

Annual Tax Amount $9,202

Lot Size 8.320 Acres

Acres 8.32

Property Description

Located in an OPPUTUNITY ZONE. Property consist of 5 parcels with the main parcel being 7.5 acres with a 7,456 SF warehouse (vacant) with a new roof and situated on 1 +/- acres on South Street with C-3 zoning. The back portion of this parcel is 6.5 acres (mostly wetlands) with R-2 zoning and has a 2,685 SF duplex that is rented (Parcel has split zoning, per Leesburg P&Z). The remaining 4 parcels adjoining to the west are zoned R-1 and includes a duplex (storage at this time) and two single family homes (rented) with additional frontage on South St. The current rental income from the four residential units is $3,000/month. Former business inventory not included.

Location

State FL

County Lake

Community Acreage & Unrec

Zoning C3,R2,R1

Interior

Cooling Wall/Window Unit(s)

Building

Lot Description City Limits, Sidewalk, Street Lights

Foundation Slab

Lot Size Range 5 to less than 10

Structure Type Metal Siding,Vinyl Siding,Wood Siding

New Construction false

Construction Status Inspections

Others

Ownership Other

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by GRIZZARD COMMERCIAL REALESTATE
Bought with STARRR REALTY
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"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "

+1(321) 806-9552

barbara.gouldbourn@engelvoelkers.com

101 Canal St, New Smyrna Beach, FL, 32168

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