Magnolia Street, FLMagnolia Street, FLMagnolia Street, FL
Stellar MLS
1 / 4

$79,000

Magnolia Street

Leesburg, FL 34748

Listing updated: August 14, 2026 at 5:25 PM ET

Active
Stellar MLSListing courtesy of Corcoran Premier Realty · Kim Lam, LLC · MLS #O6429120 · Active · 407-965-1155
0
Baths
0.24
Acres
$8/sqft
Land

Property type

10,340 sqft

Lot size

$8

Price / sq ft

No HOA

HOA dues

16

Days on market

X

Flood zone

About this home

Exceptional opportunity to build in the growing City of Leesburg! This prime residential or multifamily building site is one of the few remaining vacant parcels available within the city limits. Boasting frontage on two paved streets, the property offers excellent accessibility and flexibility for development. With the potential to split the lot (subject to city approval) or develop multiple residential units, this property offers outstanding opportunities for builders, investors, and developers. Conveniently located just minutes from vibrant Downtown Leesburg, UF Health Leesburg Hospital, shopping, dining, and local amenities, it's an ideal location for a custom home, income-producing property, or multifamily project. City water and sewer are available, making development even more convenient. Don't miss this rare chance to own a versatile piece of land in one of Leesburg's rapidly growing areas with endless possibilities.

Estimated monthly payment

Principal & interest$399
Property taxes$41
Home insurance (est.)$36

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 history16 days on market

  1. Status: Active
    Jul 29, 2026
  2. Listed$88,000
    Jul 29, 2026
  3. Price reduced$79,000

Facts & features

Property type
Land
Status
Active
Days on market
16
Subdivision
Leesburg Mc Willman Sub
County
Lake
Price/sq ft
$8
Lot size
10,340 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12069C0340E)
Annual taxes
$487 (2025)
Parcel #
25-19-24-1100-00B-00301
Zoning
R-2
MLS #
O6429120

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash
Ownership
Fee Simple

Exterior & Construction

Road surface
Unimproved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Water Available

Listing Details

Listing date
2026-07-29
On market date
2026-07-29
Original list price
$88,000
MLS area
34748 - Leesburg
Listing AOR
Orlando Regional
Status changed
2026-07-29
Tax legal description
LEESBURG MC WILLMAN SUB S 48 FT OF LOT 3 LOT 4 BLK B PB 5 PG 34 ORB 6130 PG 316

Flood risk

Minimal riskFEMA Zone XPanel 12069C0340E

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

E. Main Street to south on Lake Street to left on Magnolia Street. Property is on corner of Magnolia & Bisby Street.

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MLS GRID

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 August 14, 2026 at 5:25 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA