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Lecanto Development Opportunity
For Sale
$699,900

589 S LEONA Ave, Lecanto, FL 34461

7.36-acre parcel zoned for residential development.

Property Size3,600 SF
Lot Size7.36 Acres
Price / SF$194.42
Days on Market111

Property Features for 589 S LEONA Ave

General Information

Standard status Active
Size 3,600 SF
Lot size 7.36 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,813
Listing Agency: LPT Realty, LLC.
Listed By: Brittany Zapitz · License #691595
Source: Elliman
Added: Apr 21 Changed: Aug 8 Last Checked: Jul 15 at 9:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC.

Investment Insights

Based on property information with market context.

This 7.36-acre parcel in Lecanto is zoned MDR-MH (Medium Density Residential – including mobile homes), offering flexibility for various development options such as 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. 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 currently has 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 property is situated in Flood Zone X. The property benefits from strong population trends and increasing demand for attainable housing options. 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.

Key Highlights

  • 7.36‑acre parcel zoned MDR‑MH offering flexibility for various development options.
  • Located in a rapidly growing area of Citrus County with strong population trends.
  • Ideal for a mobile home park, tiny home community, or small rural subdivision.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Parking Lot & Garage Law Firm Kitchen & Bath Showroom Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 34461, FL

11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.36-acre parcel zoned for residential development.
Where is this residential land & home lot located?
The property is located at 589 S LEONA Ave Lecanto, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 7.36‑acre parcel zoned MDR‑MH offering flexibility for various development options.; Located in a rapidly growing area of Citrus County with strong population trends.; Ideal for a mobile home park, tiny home community, or small rural subdivision.
More about this property
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