589 S Leona Avenue, Lecanto, FL 34461
- $699,900
- List Price
- $699,900
- Status
- Active
- Days on Market
- 101
- Price Change
- ▼ $30,100 1780031570
- MLS#
- O6395290
- Lot Size
- 320,583
- Acres
- 7.36
- Total Acreage
- 5 to less than 10
- Legal Subdivision Name
- Mayfield Acres Unrec
- MLS Area Major
- Lecanto
Property Description
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.
Additional Information
- Taxes
- $1813
- Location
- Buildable
- Community Features
- No Deed Restriction
- Zoning
- MDRMH
- Utilities
- Electrical Nearby, Water Available, Water Nearby
- Pool
- No Pool
- Elementary School
- Forest Ridge Elementary School
- Middle School
- Lecanto Middle School
- High School
- Lecanto High School
- Fences
- Partial
- Flood Zone Code
- X
- Parcel ID
- 18E-19S-02-0000-1A580
- 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
Listing courtesy of LPT REALTY, LLC. 877-366-2213
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