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$799,000

1306 14th Street

Leesburg, FL 34748

Listing updated: June 24, 2026 at 2:32 PM ET

Active

Listing courtesy of Florida Homes Realty & Mortgage · Safal Desai · MLS #OM724518 · Active · 904-996-9144

Baths

5,603

Sq Ft

0.58

Acres

1949

Built

◆$143/sqft◆360° tour

Hotel/Motel

Property type

1949

Year built

25,144 sqft

Lot size

$143

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$4,040

Property taxes$358

Home insurance (est.)$366

Down payment

20%

$159,800 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history43 days on market

Status: Active
May 12, 2026
Listed$899,000
May 12, 2026
Price reduced$799,000

Facts & features

Property type: Commercial Sale
Sub type: Hotel/Motel
Status: Active
Days on market: 43
Subdivision: Leesburg Floradel
County: Lake
Year built: 1949
Living area: 5,603 sq ft
Price/sq ft: $143
Lot size: 25,144 sq ft
Lot category: 1/2 to less than 1
Flood zone: X (12069C0317E)
Annual taxes: $4,298 (2025)
Parcel #: 35-19-24-0100-00C-01600
Zoning: R-1
MLS #: OM724518

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Interior Details

Flooring: Tile

Heating & Cooling

Cooling: Central Air, Wall/Window Unit(s)

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Owner Financing
Ownership: Fee Simple

Exterior & Construction

Construction materials: Block, Brick, Concrete
Foundation: Block, Brick/Mortar
Road surface: Asphalt

Listing Details

Listing date: 2026-05-11
On market date: 2026-05-12
Original list price: $899,000
MLS area: 34748 - Leesburg
Listing AOR: Suncoast Tampa
Status changed: 2026-05-12
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

Flood risk

Minimal riskFEMA Zone XPanel 12069C0317E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From US-27 / N 14th St in Leesburg, head south on S 14th St. Property is located on the east side of the road near downtown Leesburg and minutes from Lake Harris, UF Health Leesburg Hospital, and major retail corridors.

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 24, 2026 at 2:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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