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Lot/land
  • Price cut: $30.1K (5/29)
    $699,900

    589 S LEONA AVENUE, LECANTO, FL 34461

    --beds
    0baths
    7.36Acres
    Unimproved Land
    Built in ----
    7.36 Acres Lot
    $364,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    102 days
    |
    56
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Zapitz 321-230-4445,

    LPT REALTY, LLC 877-366-2213

    Source: Stellar MLS,MLS#: O6395290MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Features
      • Fencing: Partial
      Lot
      • Size: 7.36 Acres
      • Dimensions: 331 x 979
      • Features: Buildable
      Details
      • Additional structures: Utility
      • Parcel number: 18E19S0200001A580
      • Zoning: MDRMH
      • Special conditions: None

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Well
      • Utilities for property: Electrical Nearby, Water Available, Water Nearby

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: MAYFIELD ACRES UNREC
      HOA
      • Has HOA: No
      Location
      • Region: Lecanto

      Financial & listing details

      • Tax assessed value: $445,498
      • Annual tax amount: $1,813
      • Date on market: 4/20/2026
      • Cumulative days on market: 102 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Dirt

        Estimated market value

        $364,000

        $251,000 - $491,000

        $2,501/mo

        Price history

        DateEventPrice
        5/29/2026Price change$699,900-4.1%
        Source: Stellar MLS #O6395290 Report a problem
        4/20/2026Listed for sale$730,000+563.6%
        Source: Stellar MLS #O6395290 Report a problem
        3/10/2011Sold$110,000-7.6%
        Source: Public Record Report a problem
        11/24/2010Price change$119,000-11.9%
        Source: EVERGREEN PROPERTIES USA, INC. #T2434315 Report a problem
        11/7/2010Listed for sale$135,000-61%
        Source: EVERGREEN PROPERTIES USA, INC. #T2434315 Report a problem
        5/11/2009Listing removed$345,900
        Source: iHOUSEWeb Solutions, Inc #329295 Report a problem
        12/10/2008Listed for sale$345,900+44.1%
        Source: iHOUSEWeb Solutions, Inc #329295 Report a problem
        3/6/2007Sold$240,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,814 +5.5%$150,651 +2.6%
        2024$1,719 +2.4%$146,878 +2.7%
        2023$1,678 +5.4%$143,078 +2.6%
        2022$1,593 +12.3%$139,405 +9.2%
        2021$1,419 +4.6%$127,707 +1.4%
        2020$1,356 +1.6%$125,954 +2.3%
        2019$1,335 +2.2%$123,139 +1.9%
        2018$1,306 $120,857 +2.1%
        2017$1,306 +0.6%$118,387 +1.3%
        2016$1,298 -2%$116,912 +0.7%
        2015$1,325 +4062.7%$116,111 +6702.1%
        2014$32 -98.9%$1,707 -99%
        2013$2,884 +1.1%$165,410 -8%
        2012$2,854 -16.9%$179,742 -16.7%
        2011$3,435 -0.1%$215,844 -2.3%
        2010$3,440 -3.7%$220,995 +0.8%
        2009$3,573 -16.8%$219,188 -19.6%
        2008$4,293 +166.4%$272,595 +115%
        2007$1,612 -0.8%$126,800 +2.4%
        2006$1,625 -5.8%$123,800 +3%
        2005$1,725 -0.6%$120,200 +3%
        2004$1,736 +5.6%$116,700 +1.8%
        2003$1,643 +2.9%$114,600 +2.3%
        2002$1,597 +5.7%$112,000 +4.6%
        2000$1,510 $107,100
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34461

        Getting around

        4 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Forest Ridge Elementary School
        • Middle: Lecanto Middle School
        • High: Lecanto High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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