$550,000
Gourley Avenue
Leesburg, FL 34748
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Nearly 6 Acres in the Expanding Leesburg Growth Corridor – PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg’s rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region’s increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City’s Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities—buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.
Estimated monthly payment
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 history308 days on market
- Status: ActiveJan 2, 2026
- Listed$550,000Jun 16, 2025
- Price increased$550,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 308
- Cumulative DOM
- 905
- County
- Lake
- Price/sq ft
- $2
- Lot size
- 255,262 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X (12069C0309E)
- Annual taxes
- $796 (2024)
- Parcel #
- 22-19-24-0003-000-17400
- Zoning
- PUD
- MLS #
- G5098327
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Unimproved
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby, Electricity Available, Other, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
Listing Details
- Listing date
- 2025-06-13
- On market date
- 2025-06-16
- Original list price
- $550,000
- MLS area
- 34748 - Leesburg
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-01-02
- Tax legal description
- FROM SE COR OF NE 1/4 OF SE 1/4 OF SW 1/4 RUN N 89-20-40 W 416.46 FT N 0-14-50 E 98 FT FOR POB CONT N 0-14-50 E 502 FT N 89-20-40 W 165 FT S 0-14-50 W 320.91 FT S 88-30-20 E 100.33 FT S 02-04-22 W 179.73 FT S 89-20-40 E PARALLEL TO THE S LINE OF NE 1/4 OF SE 1/4 OF SW 1/4 A DIST OF 70.36 FT TO POB ORB 3964 PG 394 ORB 5231 PG 424
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Fron 27 in Leesburg, turn onto Center Street to Gourley on the right-hand side.
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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 May 15, 2026 at 12:00 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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