589 S Leona Avenue, Lecanto, FL 34461 (MLS # O6395290)

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PRICE $699,900 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 7.36 ac

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.

DAYS ON MARKET 85 LAST UPDATED 5/28/2026
TRACT MAYFIELD ACRES UNREC YEAR BUILT 0
COMMUNITY 34461 - Lecanto COUNTY Citrus
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Forest Ridge Elementary School
Jr. High School Lecanto Middle School
High School Lecanto High School

PRICE HISTORY
Prior to May 28, '26 $730,000
May 28, '26 - Today $699,900


ADDITIONAL DETAILS
AREA 34461 - Lecanto
LOT 7.36 acre(s)
LOT DIMENSIONS 331x979
SEWER Septic Needed
SUBDIVISION MAYFIELD ACRES UNREC
TAXES 1813.85
UTILITIES Water Available
WATER Private, Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 589 S LEONA AVENUE
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Listing provided by Brittany Zapitz, LPT REALTY, LLC, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/14/26 8:13 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.