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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 5,603 sqft
Price per Sqft $107
Subdivision Leesburg Floradel
MLS Listing ID OM724518
Sold Date 10/30/26
HOA Y/N No
Year Built 1949
Annual Tax Amount $4,298
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 200x131
Property Sub-Type Hotel/Motel
Source Stellar MLS
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.
Location
State FL
County Lake
Community Leesburg Floradel
Area 34748 - Leesburg
Zoning R-1
Interior
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
View Y/N No
Water Access No
Building
Story 1
Foundation Block, Brick/Mortar
Lot Size Range 1/2 to less than 1
Structure Type Block,Brick,Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Cesar Sagastume EQUITYPRO LLC
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Khadija Webber
Professional Real Estate Agent License ID: 3268094
Professional Real Estate Agent License ID: 3268094

