Property
ActiveCommercial
1/7
$799,000

1306 S 14TH STREET

Leesburg, FL 34748
0
Beds
0
Baths
5,603
SqFt
0.58
Acres
STELLAR
#OM724518
Updated: Jun 24, 2026, 5:08pm

Property Description

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.
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Property Details

Interior
Building Area Total
5603
Cooling
Central AirWall/Window Unit(s)
Flooring
Quarry Tile
Living Area
5603
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockBrickConcrete
Foundation Details
BlockBrick/Mortar
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
13
Stories Total
Yes
Year Built
1949
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.58
Lot Size Area
25144
Lot Size Dimensions
200 x 131
Lot Size Square Feet
25144
Lot Size Units
Square Feet
Public Survey Range
24E
Public Survey Section
35
Road Frontage Type
City StreetHighway
Road Surface Type
Asphalt
Total Acreage
1/2 to less than 1
Zoning
R-1
Financials
Calculated List Price By Calculated Sq Ft
142.6
Contract Status Change Date
2026-05-12
Current Price
799000
Feed Types
BBO
Owner Name
MEGDEEP INC
Ownership
Fee Simple
Parcel Number
351924010000C01600
Public Survey Township
19S
Tax Annual Amount
4298.11
Tax Block
00C
Tax Book Number
9-15
Tax Legal Description
LEESBURG FLORADEL LOTS 16 17 18 19 BLK C--LESS W 7 FT--PB 9 PG 15 ORB 1822 PG 0723 ORB 1873 PG 1628
Tax Lot
16
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34748 - Leesburg
Subdivision Name
LEESBURG FLORADEL
Listing provided courtesy of STELLAR via IDX. Updated: Jun 24, 2026, 5:08pm.
Safal Desai

Listing Agent

FLORIDA HOMES REALTY & MORTGAGE

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