Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

Welcome to the picturesque Leesburg Archbell Subdivision, nestled in the heart of Lake County, Florida. This charming community offers a unique blend of tranquility and convenience, making it an ideal place for families, retirees, and everyone in between. With its inviting atmosphere and beautiful surroundings, Leesburg Archbell Sub is more than just a neighborhood; it's a vibrant community where neighbors become friends.

One of the standout features of this subdivision is its homes with no deed restrictions, providing residents with the freedom to personalize their properties to their heart's content. Whether you're looking to create a lush garden oasis, set up your own workshop, or simply enjoy the space to breathe, this community allows you to embrace your individuality without the constraints of traditional homeowner associations.

The homes in Leesburg Archbell Sub are characterized by their diverse architectural styles and spacious lots, offering plenty of room for outdoor activities and gatherings. Enjoy the warm Florida sunshine in your backyard or take a leisurely stroll through the community, where well-maintained streets and friendly faces abound.

Located just a short drive from downtown Leesburg, residents have easy access to a variety of shopping, dining, and recreational options. Explore the local parks, enjoy waterfront activities on Lake Harris, or indulge in the vibrant cultural scene that the area has to offer.

If you're seeking a welcoming community that values freedom and individuality, look no further than Leesburg Archbell Subdivision. Embrace the Florida lifestyle and make this charming neighborhood your new home!

Newest Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

$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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