Don’t miss this exceptional investment opportunity in the heart of Leesburg. Ideally situated just west of the intersection of US 27 and South Street (SR 44), this 0.58-acre parcel offers outstanding potential for redevelopment or new construction. Zoned “Medium Density Residential” by the City of Leesburg, the property currently allows for up to two dwelling units, making it an excellent opportunity for duplex development or income-producing residential housing. Positioned near major roadways and regional employment hubs, the location is highly desirable for tenants seeking convenience and accessibility. Existing nearby utility connections further enhance the property’s development appeal and may help streamline the building process. The property currently includes an approximately 1,100-square-foot residence in poor condition with significant structural and functional deficiencies, making demolition a likely consideration for most investors. However, for the right buyer, this property presents strong upside potential and the opportunity for a relatively quick return on investment. Motivated seller — priced to move. Contact us today for additional details and development potential.

Listing courtesy of RE/MAX TITANIUM GROUP (407) 916-9036



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-23 05:10 PM EDT