Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

Welcome to the charming Leesburg Archbell Subdivision, nestled in the heart of beautiful Lake County, Florida. This inviting community offers the perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone seeking a slice of Florida paradise.

One of the standout features of Leesburg Archbell Sub is its unique appeal as a homes-with-no-deed-restriction community. This means you have the freedom to express your individuality and customize your home to suit your lifestyle without the constraints often found in more traditional neighborhoods. Whether you’re looking to park your boat, RV, or simply enjoy your outdoor space your way, this community provides the flexibility you desire.

The homes in Archbell Sub are as diverse as its residents, showcasing a variety of architectural styles and sizes. From cozy single-family homes to spacious properties surrounded by lush landscaping, there’s something for everyone. The community is designed to foster a friendly atmosphere, where neighbors become friends and gatherings are a common occurrence.

Located just a short drive from downtown Leesburg, residents can enjoy easy access to shopping, dining, and recreational activities. The nearby lakes and parks offer ample opportunities for outdoor adventures, from fishing and boating to hiking and picnicking.

Experience the charm of Leesburg Archbell Subdivision, where you can truly make your house a home without the limitations of deed restrictions. Embrace the freedom and community spirit that this delightful neighborhood has to offer!

Newest Leesburg Archbell Sub Homes with No Deed Restriction Community Extras

1502 High Street, Leesburg
$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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