INVESTOR SPECIAL! Great opportunity to transform this 3-bedroom, 2-bath home into a standout property. Situated on a spacious corner lot with mature shade trees, this home offers a solid start for your next renovation project. A brand-new roof was installed in 2026, providing a valuable head start on improvements. The interior has already been taken down to the studs in key areas, with demolition complete and the kitchen and bathrooms gutted, making it ready for your vision and design selections. Whether you're looking for a fix-and-flip, rental investment, or a custom renovation project, this property offers endless potential. Conveniently located in Leesburg with easy access to shopping, dining, schools, and major roadways. Bring your creativity and make this diamond in the rough shine again!
Sold for $120,000
$120,000
501 Lee St, Leesburg, FL 34748
3beds
1,200sqft
Single Family Residence
Built in 1953
0.37 Acres Lot
$154,400 Zestimate®
$100/sqft
$1,709 Estimated rent
Home value
$154,400
$145,000 - $162,000
$1,709/mo
Zestimate® history
Owner options
List your home for rent
$1,709/mo
Rent Zestimate®
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$1,709/mo
Rent Zestimate®
Refinance and save
$665/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$665/mo
Est. payment
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List your homeWhat's special
Mature shade treesSpacious corner lot
Zillow last checked:
Listing updated:
Listing Provided by:
Christine Rusciano 727-542-8670,
ORCHARD BROKERAGE, LLC 844-515-9880
Bought with:
Damon Morton, 3589340
DOWN HOME REALTY, LLLP
Source: Stellar MLS,MLS#: TB8508825
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Kitchen
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Living room
- Level: First
- Area: 252 Square Feet
- Dimensions: 18x14
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: None
- Laundry: None
Features
- None
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.37 Acres
- Dimensions: 135 x 121
- Features: Corner Lot
Details
- Parcel number: 231924120000000800
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available
Community & neighborhood
Location
- Region: Leesburg
- Subdivision: LEESBURG OAK PARK HOMESITES
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $120,000-25%$100/sqft |
Source:  Stellar MLS #TB8508825 Report a problem | ||
| 7/8/2026 | Contingent | $160,000$133/sqft |
Source: Stellar MLS #TB8508825 Report a problem | ||
| 6/30/2026 | Pending sale | $160,000$133/sqft |
Source: Stellar MLS #TB8508825 Report a problem | ||
| 6/26/2026 | Listed for sale | $160,000$133/sqft |
Source: Stellar MLS #TB8508825 Report a problem | ||
| 6/17/2026 | Pending sale | $160,000$133/sqft |
Source: Stellar MLS #TB8508825 Report a problem | ||
| 6/14/2026 | Listed for sale | $160,000+27.9%$133/sqft |
Source: Stellar MLS #TB8508825 Report a problem | ||
| 1/26/2026 | Sold | $125,100+119.9%$104/sqft |
Source: Public Record Report a problem | ||
| 4/7/1998 | Sold | $56,900$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $587 +1.9% | $53,080 +2.9% |
| 2024 | $577 +2.4% | $51,590 +3% |
| 2023 | $563 +15.9% | $50,090 +3% |
| 2022 | $486 +5.7% | $48,640 +3% |
| 2021 | $459 -2.8% | $47,224 +1.4% |
| 2020 | $473 +8.8% | $46,572 +2.3% |
| 2019 | $435 +5.1% | $45,525 +1.9% |
| 2018 | $413 | $44,677 +2.1% |
| 2017 | $413 +3.8% | $43,759 +2.1% |
| 2016 | $398 +2.9% | $42,859 +0.7% |
| 2015 | $387 +17.3% | $42,562 +0.8% |
| 2014 | $330 +8.1% | $42,225 +1.5% |
| 2013 | $305 -0.8% | $41,601 |
| 2012 | $308 -31.7% | $41,601 -15.7% |
| 2011 | $450 -27.6% | $49,334 -30% |
| 2010 | $622 +2.3% | $70,523 +2.7% |
| 2009 | $608 +0.2% | $68,669 +0.1% |
| 2008 | $607 -23.1% | $68,601 +3% |
| 2007 | $790 -2.9% | $66,603 +2.5% |
| 2006 | $813 +3.6% | $64,979 +3% |
| 2005 | $785 +4.7% | $63,087 +3% |
| 2004 | $750 +0.5% | $61,250 -0.5% |
| 2003 | $746 +4% | $61,550 +4.9% |
| 2002 | $717 +7.8% | $58,700 +1.6% |
| 2001 | $666 -2.2% | $57,776 |
| 2000 | $681 | $57,776 |
Find assessor info on the county website
Neighborhood: 34748
Nearby schools
GreatSchools rating
- 2/10Leesburg Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Leesburg High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$154,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$154,400
- Florida
- Lake County
- Leesburg
- 34748
- 501 Lee St
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