Under contract-accepting backup offers. INVESTOR ALERT: 5.1-Acre Value-Add Land Play | Leesburg Growth Corridor - Status: Fixer-Upper / Clean-Up Required | Seller Highly Motivated Unleash your imagination on this massive 5.1-acre concrete block fix and flip investment home located at 9315 E Treasure Island Ave in beautiful Leesburg, Florida. Nestled in Lake County—one of the absolute fastest-growing regions in Central Florida—this property represents an unparalleled opportunity for a savvy investor, a developer, or someone looking to expand on a private compound while watching their equity skyrocket. THE PROPERTY & THE POTENTIAL The property features a main building footprint (perfect fixer-upper project), two storage sheds, and an on-site RV. Property Type: Fixer-Upper / Value-Add Land Play Total Acreage: 5.10 Private Acres Current Structures: Main house structure, 2 outbuilding sheds, 1 RV. Seller Note: MOTIVATED SELLER! The property is being sold completely AS-IS. Debris, old equipment, and the RV are to be moved/cleared by the buyer, leaving you a clean slate to build your dream. THE LOCATION: IN THE HEART OF THE BOOM Leesburg is experiencing a historic residential and commercial building boom. Major infrastructure improvements, new construction master-planned communities, and massive retail expansions are happening right down the street. You get the rare combination of old-Florida privacy on your own 5+ acres with immediate access to rapid modern growth.
Pending
Price cut: $38K (6/10)
$249,999
9315 E Treasure Island Ave, Leesburg, FL 34788
3beds
1,018sqft
Single Family Residence
Built in 1961
5.16 Acres Lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
On-site rvMain building footprintTwo storage sheds
- 44 days |
- 373 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Peter Gracey 904-747-2239,
AMERICA SIGNATURE HOMES LLC 904-747-2239
Source: Stellar MLS,MLS#: G5112790
Originating MLS: Lake and Sumter

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Other
Cooling
- Central Air
Appliances
- Included: None
- Laundry: None
Features
- Other
- Flooring: Other
- Has fireplace: Yes
- Fireplace features: Stone
Interior area
- Total structure area: 1,146
- Total interior livable area: 1,018 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 5.16 Acres
Details
- Parcel number: 031925000300004001
- Zoning: A
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: ACREAGE & UNREC
HOA
- Has HOA: No
Location
- Region: Leesburg
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $124,653
- Annual tax amount: $2,358
- Date on market: 5/23/2026
- Cumulative days on market: 34 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,603/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $249,999$246/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $249,999$246/sqft |
Source: | ||
| 6/12/2026 | Pending sale | $249,999$246/sqft |
Source: | ||
| 6/10/2026 | Price change | $249,999-13.2%$246/sqft |
Source: | ||
| 6/5/2026 | Price change | $288,000-10%$283/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $320,000$314/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,359 +7.9% | $111,000 +10% |
| 2024 | $2,187 +14.5% | $100,910 +10% |
| 2023 | $1,909 +20.9% | $91,740 +10% |
| 2022 | $1,579 +10.3% | $83,400 +10% |
| 2021 | $1,432 +135.7% | $75,823 +50.6% |
| 2020 | $607 +1.5% | $50,361 +2.3% |
| 2019 | $598 +5.1% | $49,229 +1.9% |
| 2018 | $569 | $48,312 +2.1% |
| 2017 | $569 +9% | $47,319 +2.1% |
| 2016 | $522 0% | $46,346 +0.7% |
| 2015 | $523 -1.6% | $46,024 +0.8% |
| 2014 | $531 +203.6% | $45,659 +1.5% |
| 2013 | $175 +2.1% | $44,985 +1.7% |
| 2012 | $171 +6.5% | $44,234 +3% |
| 2011 | $161 -39% | $42,946 +1.5% |
| 2010 | $264 +7% | $42,312 +2.7% |
| 2009 | $246 +0.3% | $41,200 +0.1% |
| 2008 | $246 +7.7% | $41,159 +3% |
| 2007 | $228 -0.9% | $39,961 +2.5% |
| 2006 | $230 +7.7% | $38,987 +3% |
| 2005 | $213 +1% | $37,852 |
| 2004 | $211 -0.5% | -- |
| 2003 | $212 +21.4% | $37,670 +3.4% |
| 2002 | $175 | $36,437 +1.6% |
| 2001 | $175 +8.9% | $35,864 +3% |
| 2000 | $161 | $34,820 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 34788
Nearby schools
GreatSchools rating
- 7/10Treadway Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Tavares Middle SchoolGrades: 6-8Distance: 7.2 mi
- 4/10Tavares High SchoolGrades: 9-12Distance: 5.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lake County
- Leesburg
- 34788
- 9315 E Treasure Island Ave





