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This unique property offers a rare combination of residential and commercial potential uses, situated in a highly desirable location just off Highway 27. It features a 2-bedroom, 1-bathroom home along with an additional 0.10-acre vacant lot, both benefiting from C-3 commercial zoning. Currently utilized as a residential income property with a tenant in place, the existing home provides immediate rental revenue. The versatile C-3 commercial zoning, which permits a wide array of commercial uses presents an exceptional opportunity for investors or owner-operators looking to establish a business in a thriving area. The strategic location offers excellent accessibility, being close to downtown Leesburg and several local schools. This proximity ensures a steady flow of potential customers or clients, making it ideal for various commercial ventures such as retail, professional offices, or service-oriented businesses, all subject to permitted uses under C-3 zoning regulations. Whether you envision developing the vacant lot, repurposing the existing home for commercial use, or continuing to benefit from its residential income stream while holding for future development, this property provides remarkable flexibility and growth potential in a rapidly developing area.
| DAYS ON MARKET | 42 | LAST UPDATED | 10/8/2025 |
|---|---|---|---|
| TRACT | LEESBURG CLEARVIEW TERRACE | YEAR BUILT | 1948 |
| COMMUNITY | 34748 - Leesburg | COUNTY | Lake |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34748 - Leesburg |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Block |
| LOT | 8712 sq ft |
| SUBDIVISION | LEESBURG CLEARVIEW TERRACE |
| TAXES | 854 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jonathan Martin, CARLINO REAL ESTATE GROUP INC, 352-326-2662
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/17/25 10:10 AM PST.
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