Leesburg Archbell Sub Homes with No Pool Pool type

Leesburg Archbell Sub Homes with No Pool Pool type

Welcome to Leesburg Archbell Subdivision, a charming community nestled in the heart of picturesque Leesburg, Florida. Situated in Lake County, this delightful neighborhood offers residents a perfect blend of suburban tranquility and convenient access to the vibrant amenities of city life.

The homes in Leesburg Archbell Subdivision are thoughtfully designed to cater to a variety of lifestyles, featuring spacious layouts and modern finishes. One of the appealing aspects of this community is the availability of homes without pools, providing a low-maintenance lifestyle for those who prefer to enjoy the beauty of Florida's outdoors without the additional responsibilities of pool care. These homes are ideal for families, retirees, or anyone seeking a serene living environment.

Surrounded by lush landscapes and mature trees, residents of Leesburg Archbell can enjoy leisurely strolls through the neighborhood or take advantage of nearby parks and recreational areas. The community is conveniently located near shopping centers, dining options, and top-rated schools, making it an excellent choice for families and individuals alike.

For outdoor enthusiasts, the region boasts numerous lakes and natural attractions, perfect for fishing, boating, and hiking. With its welcoming atmosphere and friendly neighbors, Leesburg Archbell Subdivision is more than just a place to live; it’s a place to call home. Explore the possibilities that await you in this inviting community and discover why so many choose to make Leesburg their home sweet home.

Newest Leesburg Archbell Sub Homes with No Pool Pool type

1502 High Street, Leesburg
$389,000
Leesburg Archbell Sub SubDv. ⋅ 34748 Zip Code
Exceptional value-add opportunity in Leesburg with the potential to transform this nine-unit property into a fully renovated 10-unit multifamily community. Located in a growing Central Florida market with continued demand for rental housing, this property offers significant upside for an experienced investor, developer, or nonprofit organization looking to create quality, affordable housing. The property will require a substantial renovation to reach its full potential. Based on a recent estimate obtained from one of the seller’s contractors, approximately $600,000 in repairs and improvements should be anticipated. Renovations may include roofing, building systems, general repairs and maintenance, interior and exterior improvements, updated floor plans, and modernization of the individual units. Once renovated and stabilized, the property has an estimated After-Repair Value (ARV) of approximately $1.8 million, creating a compelling opportunity for an investor willing to complete the necessary improvements. This property may also be particularly attractive to a nonprofit or affordable-housing organization seeking an opportunity to provide safe, comfortable, and reasonably priced housing for up to 10 families. With the right renovation plan and ownership structure, the property could serve both an important community need and a long-term investment objective. For buyers looking for a project with substantial value-add potential, multiple units, and a clear repositioning strategy, this Leesburg property deserves serious consideration.

1502 High Street, Leesburg
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