$699,000
Active Under Contract1306 S 14th St, Leesburg, FL 34748
5,603 sq ft
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE · MLS# OM724518
115 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Under contract-accepting backup offers. 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.
Facts
- Property type
- Hotel/Motel
- Year built
- 1949
- Flood zone
- X
- Annual taxes
- $4,298/yr
- Listed
- May 11, 2026
- MLS #
- OM724518
Commercial details
Building & site
- Building size
- 5,603 SF
- Lot size
- 0.58 acres (25,144 SF)
- Zoning
- R-1
- Road frontage
- City Street, Highway
- Buildings
- 1
Investor metrics
- Price per SF (MLS)
- $124.75/SF
- Units
- 13
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $899,000
- Price reduced to $699,000from $799,000
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1306 S 14th St, Leesburg, FL 34748
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE · MLS# OM724518 · Active Under Contract
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



