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Property for sale at 721 1/2 PARK DRIVE, LEESBURG, FL, 34748

721 1/2 Park DriveLeesburg, FL, 34748

1beds
1baths
600sqft
Single Family Residence
Built in 1944
$116,500
Sold
Price per sqft
$194
Sold on
May 11, 2026
MLS #G5109577Updated May 12, 2026

About this property

Back on the market and better than ever, this charming turnkey loft-style studio now features major system upgrades—including brand new PEX plumbing, a new sewer line, hot water heater, toilet, fixtures, and shower head—a $14,000 investment that delivers peace of mind and long-term value for the next owner. This unique property features a two-car garage with a 600 sq. ft. furnished living space above—perfect for a primary residence, seasonal retreat, or income-producing rental.

The open-concept seamless layout features a beautifully updated kitchen with granite countertops, updated appliances, and space saving banquette seating. Hardwood flooring throughout the main living space and ceramic tile in the kitchen add both warmth and durability.

Recent upgrades include a DECORATIVE METAL ROOF designed to mimic tile (2022) and full HVAC/Air Handler SYSTEM with duct cleaning (2024).

One of the most exciting features of this property is its future potential. The existing two-car garage below presents a prime opportunity to expand the living space—ideal for creating a full two-story residence or additional income-producing square footage.

Located in the heart of Central Florida, Leesburg is known for its vibrant downtown scene, hosting nationally recognized events like Leesburg Bikefest along with popular classic car shows that bring energy and excitement to the area year-round. Enjoy close proximity to Venetian Gardens on the Harris Chain of Lakes - this home offers easy access to waterfront walking paths, nearby dining at Ski Beach with beautiful lake views, and the vibrant charm of downtown Leesburg - just a short drive to Orlando International Airport, The Villages, and both Florida coasts for easy day trips.

Whether you're looking for an affordable home, a smart investment, or a property with room to grow—this one checks all the boxes.

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Gaby, Property Specialist
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Property details

Property type
Single Family Residence
Street address
721 1/2 Park Drive
City
Leesburg
State
FL
ZIP code
34748
Year built
1944
New construction
No
Faces
East
Rooms
3
Living area
600 sqft
Total building area
800 sqft
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 7:45 PM EST

Price & sale history

EventPrice
SoldMLS #G5109577$116,500
Listed for saleMLS #G5109577$125,000
SoldMLS #O5891598$93,000
Price reducedMLS #O5891598$98,000Change: −14.8%−$17,000
History may be incomplete.
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Location

Property for sale at 721 1/2 PARK DRIVE, LEESBURG, FL, 34748
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