- For Sale $8,600,000
- Property Type Other
- Property Size 40,320 SF
- Lot Size 6.57 SF
- Year Built 1986
- Date Updated Aug 6, 2026
Description
Colliers, as exclusive agent, is pleased to introduce you to Blueberry Hill apartments. A 68-unit, single-story garden style apartment community located in Leesburg, Florida, within Lake County’s Silver Lake area. The property is situated on a 6.57-acre parcel, offering a low-density residential setting with convenient access to U.S. Highway 441, nearby retail, restaurants, healthcare facilities, schools, parks, lakes and regional employment centers. The property totals approximately 40,320 rentable square feet and was constructed in 1985. Blueberry Hill offers a practical and highly rentable unit mix consisting of 64 one-bedroom/one-bathroom units averaging 576 square feet, 2 two-bedroom/one-bathroom units averaging 864 square feet and 2 two-bedroom/two-bathroom units averaging 864 square feet. Unit amenities include air conditioning, washer/dryer hookups, dishwashers, storage space and semi-private patios. Community amenities include laundry facilities, on-site management, on-site maintenance and single-story ranch style living. The property offers new ownership upside opportunities through continued unit upgrades, washer/dryer implementation, ancillary income and improved operating execution.
Blueberry Hill benefits from its location in Leesburg, one of Lake County’s most established residential centers and part of the Orlando-Kissimmee Sanford MSA. While Leesburg offers residents a lower density, more attainable Central Florida living environment, it remains connected to the broader Orlando regional economy and is positioned near the Villages, one of Florida’s most powerful growth and employment engines. Leesburg’s demand drivers are supported by a diverse employment base that includes healthcare, education, retail, logistics, construction, hospitality and service sector employment. Major Lake County employers include Publix, AdventHealth, Waterman, UF Health Leesburg Hospital, Orlando Health South Lake Hospital, Walmart, The Villages of Lake Sumter, Lowe’s, LifeStream Behavioral Center, Carrol Fulmer Logistics and Home Depot. With strong population growth, access to the broader Orlando MSA, proximity to the Villages’ expanding economic base and demand for attainable rental housing in Central Florida, Blueberry Hill is well positioned to benefit from Leesburg and Lake County’s long-term economic momentum.
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