Skip to content
Virtually Staged
Property for sale at 589 S LEONA AVENUE, LECANTO, FL, 34461
1 / 8

589 S Leona AvenueLecanto, FL, 34461

7.36 acresLot size
Land
$635,000
For sale
$730,000−$95,000 (13%)
Days on market
185
Listed
Apr 20
Last reduction
−$64,900
Aug 12, 2026
MLS #O6395290Updated Aug 22, 2026

About this property

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.

Interested in this property?
Gaby, Property Specialist
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
+1 (407) 490-0475
No pressure. Your details stay private.

Property details

Property type
Land
Street address
589 S Leona Avenue
City
Lecanto
State
FL
ZIP code
34461
Faces
North

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $95,000 (13%) since first listed.

EventPrice
Price reducedMLS #O6395290$635,000Change: −13%−$95,000
Listed for saleMLS #O6395290$730,000
History may be incomplete.
Explore nearby sales

Location

Virtually Staged
Learn more about this propertyGet in touch for more information
We will use your details to respond to this request and may share them with a suitable real estate professional when needed. Marketing is optional.