$849,000
703 Magnolia Street
Leesburg, FL 34748
Listing updated: September 1, 2026 at 7:46 PM ET
Listing courtesy of Grizzard Commercial Realestate · Daniel Tatro · MLS #G5117119 · Active · 352-787-6966Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Rare downtown Leesburg opportunity to develop a multi-story residential or commercial project or both at once(mixed use). Property is .44 +/- acres and zoned Central Business District (CBD) within historic downtown Leesburg, Florida. Zoning and Code would allow for as many as 6 stories (72’). Ideal location to eat/work/play in a historic downtown venue where one can walk everywhere. All information is believed accurate and correct but not guaranteed or warranted & subject to change without notice.
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 history0 days on market
- Status: ActiveSep 1, 2026
- Listed$849,000Sep 1, 2026
- Price increased$849,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Leesburg S Main St
- County
- Lake
- Price/sq ft
- $44
- Lot size
- 19,250 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Annual taxes
- $516 (2025)
- Parcel #
- 26-19-24-3300-000-01903
- Zoning
- CBD
- MLS #
- G5117119
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- None, Public Sewer
- Water source
- None, Public
- Utilities
- Electrical Nearby, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-08-25
- On market date
- 2026-09-01
- Original list price
- $849,000
- MLS area
- 34748 - Leesburg
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-09-01
- Tax legal description
- LEESBURG S OF MAIN ST N 125 FT OF LOT 19 PB 2 PG 19 ORB 5684 PG 2316 ORB 6250 PG 831
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
Property is at the corner of W. Magnolia Street and S. 7th Street
More homes like this
$545,000
319 Water Shore Dr
Leesburg, FL 34748
5 bd · 3 ba · 2,461 sqft
Leesburg Waters Edge Sub
MLS ID #G5114341, RIGHT REALTY CONNECTION, INC..
Listing provided by Stellar MLS
$510,000
6557 Mcknight Loop
The Villages, FL 34762
4 bd · 2 ba · 2,034 sqft
The Villages
MLS ID #G5113995, REALTY EXECUTIVES IN THE VILLAGES.
Listing provided by Stellar MLS
$680,900
3840 Saddle Hill Trl
Fruitland Park, FL 34731
4 bd · 2 ba · 2,642 sqft
Saddle Hill Sub
MLS ID #TB8535507, LGI REALTY- FLORIDA, LLC.
Listing provided by Stellar MLS
$524,900
2006 Oppenheimer Ct
The Villages, FL 34762
3 bd · 2 ba · 1,954 sqft
The Villages
MLS ID #G5115681, WORTH CLARK REALTY.
Listing provided by Stellar MLS
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 September 1, 2026 at 7:46 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