589 S Leona Avenue, LECANTO, FL

$635,000

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7.36

Acres

About 589 S Leona Avenue

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.

Features of 589 S Leona Avenue

MLS® # O6395290
Price $635,000
Acres 7.36
Type Land
Sub-Type Land
Status Active

Community Information

Address 589 S Leona Avenue
Area Lecanto
Subdivision MAYFIELD ACRES UNREC
City LECANTO
County Citrus
State FL
Zip Code 34461-9092

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Buildable

School Information

Elementary Forest Ridge Elementary School
Middle Lecanto Middle School
High Lecanto High School

Additional Information

Date Listed April 20th, 2026
Days on Market 136
Zoning MDRMH
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLPT REALTY, LLC

Listing Map

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