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    Thomas Ave Leesburg, FL 34748

    Sponsored
    For Sale
    $249,900

    Land - LEESBURG, FL

    Lot size:
    12.21 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 10 at 7:06 am

    Property Features for Thomas Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-6
    APN
    21-19-24-0004-000-16100
    Lot size
    12.21 Acres

    Building Details

    Architectural style
    Other

    Carlino Real Estate Group, Inc. (352) 326-2662 [email protected]

    Listing agent Jonathan Martin (352) 326-2662 License #3402836

    Listing date Dec 29, 2025

    MLS# G5105054 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leesburg Land with Development Potential

    This 12.21-acre land parcel, located in Leesburg, Florida, offers potential for development of up to 46 multi-family units. The site includes approximately 5.77 acres of high/dry land and 6.44 acres of wetlands. City utilities are available. Note that previously obtained permits have expired but can be resubmitted to the city of Leesburg.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.90533535
    Latitude
    28.81575257

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    FAQs

    What type of property is this?
    Residential land & home lot - 12.21 acres in Leesburg, suitable for multi-family development.
    Where is this residential land & home lot located?
    The property is located at Thomas Ave Leesburg, FL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Potential for up to 46 multi-family units.; - Situated on a large 12.21-acre lot.; - Approximately 5.77 acres of high/dry land.
    (407) 443-5491
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    Thomas Ave Leesburg, FL 34748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thomas Ave Leesburg, FL 34748
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