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$275,000

1116 Line Street

Leesburg, FL 34748

Listing updated: August 3, 2026 at 7:36 PM ET

Active

Listing courtesy of Olympus Executive Realty Inc · Kendall Vansant · MLS #G5115593 · Active · 407-469-0090

Beds

Baths

3,462

Sq Ft

0.48

Acres

1927

Built

◆Private pool◆Fireplace◆$79/sqft

Single Family Residence

Property type

1927

Year built

21,000 sqft

Lot size

$79

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

ESTATE SALE — INVESTOR OPPORTUNITY, HIGHEST & BEST DEADLINE, NO CONTINGENCIES. Historic 1927 fixer-upper on 0.48 acres in the heart of Downtown Leesburg, including an additional buildable lot (1118 W line St former home site — prior impact fees paid may reduce future construction costs). 3,462 sq ft, 6 bedrooms, 3 baths, two full kitchens, large deep pool with expansive back deck. Originally used as a boarding house with separate entrances upstairs and down — incredible flexibility for renovation, multi-generational living, or income potential. Gorgeous original wood floors, soaring ceilings, rare 1927 architecture. Recent partial PVC plumbing update. Being sold by the estate, priced to sell at or above asking. Terms: Listed at $275,000. Seller requires all offers at or above asking price with NO contingencies. Buyers may inspect during the first 7 days from list date; highest and best offer due by Monday August 10, 2026. Closing required within 14 days of contract execution — earnest money due immediately upon acceptance. Sold as-is.

Estimated monthly payment

Principal & interest$1,391

Property taxes$428

Home insurance (est.)$126

Down payment

20%

$55,000 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 history0 days on market

Status: Active
Aug 3, 2026
Listed$275,000
Aug 3, 2026
Price increased$275,000

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 0
Subdivision: Leesburg
County: Lake
Year built: 1927
Living area: 3,462 sq ft
Price/sq ft: $79
Lot size: 21,000 sq ft
Lot category: 1/4 to less than 1/2
Flood zone: X
Pool: Private pool
Annual taxes: $5,135 (2025)
Parcel #: 26-19-24-3900-043-00302
Zoning: R-2
MLS #: G5115593

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Interior Details

Bedrooms: 6
Full bathrooms: 3
Flooring: Carpet, Vinyl, Wood
Appliances: Gas Water Heater
Interior features: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s)
Laundry: Outside
Stories / Levels: Two
Direction faces: South
Fireplace: Yes

Heating & Cooling

Heating: Baseboard
Cooling: Wall/Window Unit(s), Attic Fan

Parking

Parking features: Driveway

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Min lease term: No Minimum
Listing terms: Cash
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No

Exterior & Construction

Exterior features: French Doors, Rain Gutters, Sidewalk, Sliding Doors, Storage
Construction materials: Block, Frame
Roof: Membrane, Shingle
Foundation: Crawlspace
Pool: Private pool
Road surface: Paved

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Electricity Connected, Natural Gas Connected, Public, Sewer Connected

Community

Pets allowed: Yes

Room Details

Room	Level	Dimensions
Living Room	First	39x14
Kitchen	First	23x12
Primary Bedroom	First	22x17
Bedroom 2	First
Bedroom 3	First	13x10
Bedroom 4	Second	15x12
Bedroom 5	Second	14x11
Additional Bedroom	Second	14x9
Kitchen	Second	15x12

Listing Details

Listing date: 2026-08-03
On market date: 2026-08-03
Original list price: $275,000
Occupant type: Vacant
MLS area: 34748 - Leesburg
Listing AOR: Orlando Regional
Status changed: 2026-08-03
Tax legal description: LEESBURG BEG ON S BDRY OF LOT 3, 120 FT E OF 12TH ST IF EXTENDED ACROSS LINE ST, RUN N 210 FT, E 50 FT, S 210 FT, W 50 FT TO POB, BLK 43 PB 2 PG 19 ORB 685 PG 2232 ORB 3909 PG 1975 LEESBURG BEG ON S BDRY OF LOT 3, 70 FT E OF 12TH ST IF EXTENDED ACROSS LINE ST, RUN N 210 FT, E 50 FT, S 210 FT, W 50 FT TO POB, BLK 43 PB 2 PG 19 ORB 2015 PG 57 ORB 3909 PG 1975

Flood risk

Minimal riskFEMA Zone X

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

US 441 to Left of Perkins(441/27 split) then right on Line St to 1116. Drive to the right in front of the chain link fence is the drive that goes with this house.

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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 August 3, 2026 at 7:36 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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