589 S Leona Avenue, Lecanto, FL 34461
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: brittany zapitz
Office: lpt realty, llc.
MLS#:O6395290
Source:MFRMLS
Price summary
- Price:$730,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:O6395290
- Added:4 day(s) ago
- Updated:April 25, 2026 at 03:09 PM
Structure and exterior
- Lot area:7.36 Acres
- Lot Features:Buildable
- Levels:1 Story
Schools
- High school:Lecanto High School
- Middle school:Lecanto Middle School
- Elementary school:Forest Ridge Elementary School
Utilities
- Water:Water Available, Water Nearby, Well
- Sewer:Septic Needed
Finances and disclosures
- Price:$730,000
- Tax amount:$1,814 (2025)
Features and amenities
- Pool features:Public Pool
New listings near 589 S Leona Avenue
- New
$185,000Active5 beds 2 baths1,464 sq. ft.5208 W Caraway Place, LECANTO, FL 34461
MLS# TB8501061Listed by: ACTIVE AGENT REALTY LLC - Open Sat, 12 to 3pmNew
$259,999Active3 beds 2 baths1,678 sq. ft.1824 W Zoe Court, LECANTO, FL 34461
MLS# TB8500864Listed by: VANTAGE REALTY PARTNERS
$1,099,900Pending4 beds 5 baths3,954 sq. ft.3975 N Grayhawk Loop, LECANTO, FL 34461
MLS# W7885077Listed by: BHHS FLORIDA PROPERTIES GROUP- New
$290,000Active3 beds 3 baths1,782 sq. ft.5225 S Gray Oak Terrace, LECANTO, FL 34461
MLS# W7885120Listed by: MERIDIAN REAL ESTATE - New
$425,000Active3 beds 2 baths1,491 sq. ft.3070 W Laurel Street, LECANTO, FL 34461
MLS# OM723248Listed by: SELLSTATE NGR-INVERNESS
$515,000Pending3 beds 3 baths2,327 sq. ft.2687 W Antioch Lane, LECANTO, FL 34461
MLS# OM722352Listed by: WAVE ELITE REALTY LLC- New
$359,900Active3 beds 2 baths1,598 sq. ft.363 N Kensington Avenue, LECANTO, FL 34461
MLS# OM722965Listed by: SELLSTATE NGR-INVERNESS - New
$857,000Active8.57 Acres6719 S Georgian Road, HOMOSASSA, FL 34446
MLS# TB8496941Listed by: SELLING USA, LLC
$435,000Pending4 beds 3 baths2,039 sq. ft.199 N Crystal Meadow Path, LECANTO, FL 34461
MLS# OM722077Listed by: TROTTER REALTY