501 LEE ST, LEESBURG, FL 34748

$160,000

Pending · 6 days on market · MLS# MFRTB8508825

Bedrooms3
Bathrooms2
Living area1,200 sq ft
Lot size0.37 acres
Year built1953
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$587
CountyLake

About this home

Under contract-accepting backup offers. INVESTOR SPECIAL! Great opportunity to transform this 3-bedroom, 2-bath home into a standout property. Situated on a spacious corner lot with mature shade trees, this home offers a solid start for your next renovation project. A brand-new roof was installed in 2026, providing a valuable head start on improvements. The interior has already been taken down to the studs in key areas, with demolition complete and the kitchen and bathrooms gutted, making it ready for your vision and design selections. Whether you're looking for a fix-and-flip, rental investment, or a custom renovation project, this property offers endless potential. Conveniently located in Leesburg with easy access to shopping, dining, schools, and major roadways. Bring your creativity and make this diamond in the rough shine again!

Listing courtesy of Christine Rusciano, ORCHARD BROKERAGE, LLC. Presented by MC Homes Realty Inc · 727432218.

View photos, map and full details · Search more homes