Sherri King
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1306 S 14th Street , Leesburg, FL 34748

$899,000

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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. CONTACT LISTING AGENT FOR DETAILS.

1306 S 14th Street | MLS# OM724518

This commercial property located at 1306 S 14th Street , Leesburg, FL 34748 is currently listed for sale with an asking price of $899,000. Search Leesburg real estate on sherriking.watsonrealtycorp.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air, Wall/Window Unit(s)
Lot Size: 0.58 Acres
Stories: 1.0
Taxes: $4,298
Year Built: 1949
Square Feet: 5,603

Feature Descriptions

Directions: From US-27 / N 14th St in Leesburg, head south on S 14th St. Property is located on the east side of the road near downtown Leesburg and minutes from Lake Harris, UF Health Leesburg Hospital, and major retail corridors.
Exterior: Block, Brick, Concrete
Flood Zone Code: X
Flooring: Tile
Foundation: Block, Brick/Mortar
Home Warranty Y/N: No
Listing Terms: Cash, Owner Financing
Lot Dimensions: 0.58
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Showing Instructions: Appointment Only, See Remarks
Special Sale Provisions: None
Units: 13
Water Access Y/N: No
Zoning: R-1

Listed By / Shown By

Listed By

Agency Name: FLORIDA HOMES REALTY & MORTGAGE
Agency Contact: 904-996-9144

Shown By

Agent Name: Sherri King
Agent Phone: (386) 748-1510
Agency Title: Watson Realty Corp., REALTORS ®

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