$99,000

Emeralda Island Road

Leesburg, FL 34788

Active

Baths

Acres

◆3 acres◆$1/sqft◆360° tour

Land

Property type

130,680 sqft

Lot size

Price / sq ft

No HOA

HOA dues

279

Days on market

Flood zone

About this home

Embrace the opportunity to own 3 acres of picturesque Florida land in the tranquil countryside of Leesburg. Located on Emeralda Island Rd, this high-and-dry parcel offers endless potential with its peaceful natural surroundings and paved road frontage. The property features a mix of open space and mature trees, ideal for building your dream estate, a hobby farm, or a secluded getaway. With plenty of room for privacy and freedom, you’ll enjoy daily wildlife sightings and serene sunsets. Conveniently located just minutes from downtown Leesburg, Lake Griffin, and major highways, this is a rare opportunity to create your own personal retreat while staying close to shopping, dining, and recreational amenities. Don’t miss your chance to secure this slice of Florida paradise!

Local Insight

At $1 per square foot for 3 acres, this is dirt-cheap land, but you're buying in an AE flood zone—which means required flood insurance, elevation restrictions, and potential building complications that will significantly drive up development costs before you even break ground. For context, improved homes in Leesburg are running $380K–$480K, so while the raw land price looks attractive, you need to factor in whether the flood zone mitigation and permitting hassles make this worth the savings versus buying an already-developed property in a better flood designation. This works as a speculative hold or for a buyer with specific flood-mitigation expertise, but it's not a straightforward build opportunity.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$501

Property taxes$64

Home insurance (est.)$45

Down payment

20%

$19,800 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history279 days on market

Status: Active
Apr 13, 2026
Listed$199,900
May 28, 2025
Price reduced$99,000

Virtual Tour

Facts & features

Property type: Land
Status: Active
Days on market: 279
County: Lake
Price/sq ft: $1
Lot size: 130,680 sq ft
Lot category: 2 to less than 5
Flood zone: AE
Annual taxes: $768 (2024)
Parcel #: 16-18-25-0004-000-00500
Zoning: AR
MLS #: TB8385244

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Conventional, USDA Loan
Ownership: Other

Exterior & Construction

Road surface: Other

Utilities

Sewer: None
Water source: None
Utilities: Other

Listing Details

Listing date: 2025-03-25
On market date: 2025-05-28
Original list price: $199,900
MLS area: 34788 - Leesburg / Haines Creek
Listing AOR: Suncoast Tampa
Status changed: 2026-04-13
Tax legal description: SE 1/4 OF SE 1/4 LYING W OF RD--LESS S 20 ACRES-- ORB 6260 PG 2498

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Begin by heading toward N Miller Rd. Turn right onto N Miller Rd, then turn left onto FL-60 W (Brandon Blvd). Continue for about 6 miles, then take the ramp to merge onto I-75 N toward Ocala. Stay on I-75 N for approximately 48 miles. Take Exit 329 for FL-44 W toward Wildwood. Turn left onto FL-44 W and continue for about 11 miles. As you approach Leesburg, turn right onto County Road 452. Follow CR-452 north for about 6 miles, then turn right onto Emeralda Island Rd. Continue along Emeralda Island Rd as it winds through scenic rural areas, your destination will be on the left.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of April 13, 2026 at 12:38 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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