$699,900
589 Leona Avenue
Lecanto, FL 34461
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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 history38 days on market
- Status: ActiveApr 20, 2026
- Listed$730,000Apr 20, 2026
- Price reduced$699,900
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 38
- Subdivision
- Mayfield Acres Unrec
- County
- Citrus
- Price/sq ft
- $2
- Lot size
- 320,583 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X (12017C0327D)
- Annual taxes
- $1,814 (2025)
- Parcel #
- 18E-19S-02-0000-1A580
- Zoning
- MDRMH
- MLS #
- O6395290
Interior Details
- Direction faces
- North
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Dirt
Utilities
- Sewer
- Septic Needed
- Water source
- Well
- Utilities
- Electrical Nearby, Water Available, Water Nearby
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-20
- Original list price
- $730,000
- MLS area
- 34461 - Lecanto
- Listing AOR
- Orlando Regional
- Status changed
- 2026-04-20
- Tax legal description
- (MSP 95-17 OR BLK 1108 PG 1375-1377) PCL C: COM AT NE COR OF SW1/4 SEC 2-19-18 TH S 0 DEG 32M 23S E AL E LN OF SW1/4 OF SEC 2 331.13 FT TO NE COR OF S1/2 OF NE1/4 OF NE1/4 OF SW1/4 OF SEC 2 TH S 89 DEG 54M 15S W AL N LN OF S1/2 OF NE1/4 OF NE1/4 OF S W1/4 309.4 FT TO POB TH S 89 DEG 54M 15S W AL N LN & AL N LN OF S1/2 OF NW1/4 OF NE1/4 OF SW1/4 OF SEC 2 A DIST OF 980.1 FT TO PT ON E R/W LN OF S LEONA AVE TH S 0 DEG 42M 28S E AL E R/W LN 331.26 FT TO PT ON S LN OF S1/2 OF NW1/4 OF NE1/4 OF SW1/4 O F SEC 2 TH N 89 DEG 53M 56S E AL S LN OF S1/2 OF NW1/4 OF NE1/4 OF SW 1/4 & AL S LN OF S1/2 OF NE1/4 OF NE1/4 OF SW1/4 OF SEC 2 A DIST OF 979.13 FT TH N 0 DEG 32M 23S W 331.16 FT TO THE POB DESC IN OR BK 2102 PG 1209 OR BK 2407 PG 2420 & OR BK 2605
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
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
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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 28, 2026 at 8:09 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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