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

Year Built 1971

Annual Tax Amount $9,202

Lot Size 8.320 Acres

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

Structure Type Metal Siding,Vinyl Siding,Wood Siding

New Construction false

Others

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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