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589 S Leona Avenue , Lecanto, FL 34461

$730,000
  • 589 S Leona Avenue , Lecanto, FL 34461 Main Photo

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New to the Market Active
LOT SIZE 7.360 acres MLS#O6395290
STATUSActive PROPERTY TYPELand - Multiple SUBDIVISIONMAYFIELD ACRES UNREC

Property Description

Prime development opportunity in the heart of Lecanto! This 7.36-acre parcel offers a rare combination of size, zoning, and location, making it ideal for a residential or workforce housing community. Zoned MDR-MH (Medium Density Residential - including mobile homes), the property provides flexibility for a variety of development options including a mobile home park, tiny home community, or small rural subdivision.The property features approximately 331 feet of road frontage and nearly 1,000 feet of depth, creating an ideal layout for a thoughtfully designed community with internal road circulation. A conceptual site plan envisions up to 28 homesites arranged around a private oval roadway with a dedicated entrance off S Leona Ave, incorporating infrastructure such as street lighting, centralized mail stations, and fire hydrant access.The property is currently has a improved with an existing 3,600 SF residence and multiple structures with no contributory value and need to be demolished, offering flexibility for redevelopment or interim use. The land is partially cleared with mature trees providing natural privacy buffers, while the surrounding area reflects a mix of residential uses. The highest and best use is to capitalize on the existing mobile home zoning and meet the growing demand for affordable housing in the area.Located in a rapidly growing area of Citrus County, the property benefits from strong population trends and increasing demand for attainable housing options. Additionally, the property is situated in Flood Zone X, minimizing flood risk concerns for future development.This is a compelling opportunity for builders, investors, or developers seeking to unlock the full potential of a well-located, properly zoned development site.

589 S Leona Avenue | MLS# O6395290

This land located at 589 S Leona Avenue , Lecanto, FL 34461 is currently listed for sale with an asking price of $730,000. The property has approximately 7.36 Acres. Search Lecanto real estate on rvdialberto.realty100.com today.

Property Features

Property Type: Land - Multiple
Lot Size: 7.36 Acres
Taxes: $1,813

Feature Descriptions

Directions: Florida's Tpke to FL-44 W in Sumter County. Take exit 307 from Florida's Tpke. to Follow FL-44 W to S Leona Ave in Lecanto
Fencing: Partial
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Buildable
Lot Dimensions: 7.36
Other Structures: Utility Building(s)
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Septic Needed
Showing Instructions: Call Listing Agent, No Lockbox
Special Sale Provisions: None
Utilities: Electrical Nearby, Water Available, Water Nearby
Water: Well
Water Access Y/N: No
Zoning: MDRMH

Local Schools

High School: Lecanto High School
Middle School: Lecanto Middle School
Elementary School: Forest Ridge Elementary School

Listed By / Shown By

Listed By

Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213

Shown By

Agent Name: Robert V. DiAlberto
Agent Phone:
Agency Title: Realty 100

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Estimated Payment

$ 1,988.66 per month $1,624.66 Principal & Interest $151.08 Property Tax $212.92 Homeowner's Insurance

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