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$699,000 - 1306 S 14th Street, LEESBURG

-
Bedrooms
-
Baths
5,603
SQ. Feet
0.58
Acres

Under contract-accepting backup offers. 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.

Essential Information

  • MLS® #:
    OM724518
  • Price:
    $699,000
  • Square Footage:
    5,603
  • Acres:
    0.58
  • Year Built:
    1949
  • Type:
    Commercial Sale
  • Sub-Type:
    Hotel/Motel
  • Status:
    Pending

Community Information

  • Address:
    1306 S 14th Street
  • Area:
    Leesburg
  • Subdivision:
    LEESBURG FLORADEL
  • City:
    LEESBURG
  • County:
    Lake
  • State:
    FL
  • Zip Code:
    34748-6623

Interior

  • Cooling:
    Central Air, Wall/Window Unit(s)
  • # of Stories:
    1

Exterior

  • Foundation:
    Block, Brick/Mortar

Additional Information

  • Days on Market:
    123
  • Zoning:
    R-1

Listing Details

  • Listing Office:
    Florida Homes Realty & Mortgage

Listing information courtesy of Florida Homes Realty & Mortgage.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on September 15th, 2026 at 2:07am EDT.