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$199,900

1202 SUMTER STREET, LEESBURG, FL 34748

Active0 days on market

Beds

2

Baths

2

Sq Ft

1,214 sq ft

Year Built

1946

Lot Size

0.21 acres

Garage

About This Property

Welcome to a uniquely flexible real estate opportunity, perfectly situated to enjoy the charm and convenience of the Leesburg, Florida area! This meticulously maintained residence is not only the ideal single-family home but presents an exceptional dual-income or investment scenario. With excellent access to Highway 44, your commute and access to local amenities and the Harris Chain of Lakes is effortless. Step inside to discover a clever SPLIT-BEDROOM DESIGN for maximum privacy. Throughout the main living areas, you'll find the timeless appeal of ORIGINAL HARDWOOD FLOORING, lending warmth and character to the entire space. The central living room and kitchen feature an OPEN-CONCEPT floor plan, creating a wonderful area for entertaining and everyday life. The true highlight of this property is the PRIVATE master sanctuary. This expansive suite features its own dedicated entrance off the main entry hall, ensuring supreme separation from the rest of the home. It is further enhanced by its own MINI-SPLIT A/C system—a clever feature designed to enhance comfort while significantly helping to reduce utility expenses. With space available to integrate a small kitchenette, this independent area is perfectly configured to serve as a generous in-law apartment, an independent suite for extended family, or a high-demand studio rental for a potential income stream. Simply add the kitchenette and utilize the spacious backyard for dedicated parking, and you have a property that truly pays for itself!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #G5117700
StatusActive
Year Built1946
Stories1
Total Rooms6
ConstructionVinyl Siding
RoofMetal
FoundationCrawlspace
FacesSouth
SubdivisionLEESBURG SCHOOL VIEW
CountyLake
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorVaulted Ceiling(s)
FlooringLaminate, Tile
AppliancesRange, Refrigerator
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorRain Gutters
Lot Size0.21 acres (9,165 sq ft)
Lot Dimensions65 x 141
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$199,900
Annual Taxes$2,402 (2024)
FinancingCash, Conventional, FHA, VA Loan
ZoningR-2
Parcel #261924350000C00200

Directions

Turnpike north to Hwy 27, then head north on 27, make right on sumter.

Location

1202 SUMTER STREET, LEESBURG, FL 34748

Listing Information

OfficeIM REALTY
ListedSeptember 14, 2026

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Home Price

$199,900

20% ($39,980)
6.75%

Loan Term

Principal & Interest$1,037
Property Tax (est.)$183
Insurance (est.)$150
Total Monthly$1,370
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How to Buy This Home

Multiple financing options available for this $199,900 home in LEESBURG.

🏛️

FHA Loan

$6,997 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$9,995 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 14, 2026.

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