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Residential Land for Sale in Lecanto, Florida

589 S Leona Ave, Lecanto, FL 34461

$730,000
7.36 acres
Active sale
ago
Est $5,072/mo

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.

Location

Street address
589 S Leona Ave
Community
Mayfield Acres Unrec
Elevation
128 feet
Coordinates
28.8545, -82.4617

Directions

Florida's Tpke to FL-44 W in Sumter County. Take exit 307 from Florida's Tpke. to Follow FL-44 W to S Leona Ave in Lecanto

Property details

Acreage
7.36 acres
Zoning
MDRMH
MLS #
MFRMLS O6395290
Posted

Property taxes

2025
$1,814

Parcels

  • 18E-19S-02-0000-1A580

Legal description

Resources

Details and features

Listing

Type
Land

Exterior

Fencing
Fenced
Features
Fencing

Nearby schools

NameType
Forest Ridge Elementary SchoolElementary
Lecanto Middle SchoolMiddle
Lecanto High SchoolHigh

Listing history

DateEventPriceChangeSource
Apr 22, 2026New listing$730,000MFRMLS
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This 7.36-acre property is located at 589 S Leona Ave in Lecanto, FL 34461. The property is available for sale for $730,000 with a price per acre of $99,185.

Checked 1 hour ago — Updated

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