531 S School Avenue, Lecanto, FL 34461

• 3 beds |
• 1 bath |
• 1,664 sqft

Property Description

Opportunity Awaits on 3.69 Acres in Lecanto! Looking for acreage, location, and unlimited potential? This 3-bedroom, 1-bath concrete block home offers 1,663 living square feet and sits on a sprawling 3.69-acre parcel in the heart of Lecanto, Florida. Built in 1983, this property is ready for a complete transformation and presents an exceptional opportunity for investors, flippers, contractors, or buyers seeking a project with room to grow. Nestled on a beautiful oversized parcel with no HOA and no deed restrictions, you'll have the freedom to create the property you've always envisioned. The home has been vacant for many years and currently has no electric or water service. While the residence will require repairs and updates, its solid concrete block construction provides a foundation for restoration. The location is hard to beat! Enjoy convenient access to the Suncoast Parkway, Gulf to Lake Highway, shopping, dining, medical facilities, and everything Citrus County has to offer while still enjoying the privacy and space of country living. Whether you're looking to renovate, invest, or build your dream homestead, this rare acreage opportunity offers incredible potential at an affordable price. Make your showing appointment now!

Listing Status:

Active

Data Last Updated:

June 8, 2026 at 5:17AM

Listing Office:

Sail Home Realty : (352) 207-6227

MLS ID:

855295

Interior

• Appliances: None
• Flooring: Unfinished
• A/C: None

Exterior

• Style: One Story
• Pool: None
• Parking: UnassignedParking spaces: 0

Construction

• Roofing: AsphaltShingle
• General: Stucco1Block

Location

• Road/Access: County Road
• Originating MLS: CITRUS_CITRUS
• County: Citrus

Lot

• Zoning: MDRMAYFIELD ACRES UNREC SUBD (MSP 92-19 OR BK 961 PG 267) TRACT A: N1/2 OF NW1/4 OF NW1/4 OF SE1/4 OF SEC 2-19-18 LESS S 165.65 FT OF THE E 494 FT OF W 514 FT THEREOF & LESS & EXC W 20 FT THERE OF FOR RD R/W. TITLE IN OR B K 1418 PG 1459 & OR BK 1752 PG 13072277483

Utilities

• Water: Well Needed
• Sewer: Septic Tank

Financial

• Source: CITRUS_CITRUS